Hot Pursuit     14-Mar-23
Coforge Ltd down for fifth straight session
Coforge Ltd is quoting at Rs 3854, down 5.65% on the day as on 13:19 IST on the NSE. The stock tumbled 7.17% in last one year as compared to a 2.15% rally in NIFTY and a 18.17% fall in the Nifty FMCG index.

Coforge Ltd is down for a fifth straight session today. The stock is quoting at Rs 3854, down 5.65% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.78% on the day, quoting at 17021. The Sensex is at 57784.35, down 0.78%.Coforge Ltd has lost around 6.34% in last one month.Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has eased around 7.16% in last one month and is currently quoting at 29267, down 1.87% on the day. The volume in the stock stood at 5.57 lakh shares today, compared to the daily average of 3.51 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 3881, down 5.05% on the day. Coforge Ltd tumbled 7.17% in last one year as compared to a 2.15% rally in NIFTY and a 18.17% fall in the Nifty FMCG index.

The PE of the stock is 37.13 based on TTM earnings ending December 22.

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  Coforge consolidated net profit rises 56.17% in the March 2022 quarter
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