Hot Pursuit     21-Nov-22
Coforge Ltd eases for fifth straight session
Coforge Ltd is quoting at Rs 3757.5, down 1.35% on the day as on 13:19 IST on the NSE. The stock tumbled 30.78% in last one year as compared to a 4.15% rally in NIFTY and a 17.44% fall in the Nifty FMCG index.

Coforge Ltd fell for a fifth straight session today. The stock is quoting at Rs 3757.5, down 1.35% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.92% on the day, quoting at 18138.9. The Sensex is at 61093.31, down 0.92%.Coforge Ltd has lost around 3.09% in last one month.Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has increased around 2.65% in last one month and is currently quoting at 29669.25, down 1.27% on the day. The volume in the stock stood at 1.22 lakh shares today, compared to the daily average of 1.87 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 3774.1, down 0.95% on the day. Coforge Ltd tumbled 30.78% in last one year as compared to a 4.15% rally in NIFTY and a 17.44% fall in the Nifty FMCG index.

The PE of the stock is 38.84 based on TTM earnings ending September 22.

Previous News
  Coforge consolidated net profit rises 10.42% in the June 2023 quarter
 ( Results - Announcements 20-Jul-23   17:02 )
  Coforge allots 48.69 lakh equity shares under QIP issue
 ( Corporate News - 28-May-24   09:22 )
  Coforge Ltd drops for fifth straight session
 ( Hot Pursuit - 06-May-24   13:35 )
  Coforge launches Gen AI platform - Coforge Quasar
 ( Corporate News - 24-Aug-23   09:30 )
  Coforge collaborates with Microsoft to develop generative AI solutions
 ( Corporate News - 21-Dec-23   13:48 )
  Coforge accredited with Salesforce Summit (Platinum) level partnership
 ( Corporate News - 25-May-23   11:17 )
  Coforge
 ( Results - Analysis 21-Oct-22   08:17 )
  Board of Coforge recommends Third Interim dividend
 ( Corporate News - 20-Jan-23   12:11 )
  Coforge
 ( Results - Analysis 12-May-22   16:10 )
  Coforge Ltd soars 5.58%, up for fifth straight session
 ( Hot Pursuit - 20-Jan-23   13:00 )
  Volumes soar at Coforge Ltd counter
 ( Hot Pursuit - 20-Jan-23   14:30 )
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