Hot Pursuit     06-May-24
Coforge Ltd drops for fifth straight session
Coforge Ltd is quoting at Rs 4429, down 1.19% on the day as on 13:19 IST on the NSE. The stock jumped 7.6% in last one year as compared to a 22.89% rally in NIFTY and a 19.08% spurt in the Nifty IT index.

Coforge Ltd fell for a fifth straight session today. The stock is quoting at Rs 4429, down 1.19% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 22444.7. The Sensex is at 73872.61, down 0.01%.Coforge Ltd has eased around 22.05% in last one month.Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has eased around 5.18% in last one month and is currently quoting at 32908.4, up 1.04% on the day. The volume in the stock stood at 9.66 lakh shares today, compared to the daily average of 6.31 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 4433.35, down 1.57% on the day. Coforge Ltd jumped 7.6% in last one year as compared to a 22.89% rally in NIFTY and a 19.08% spurt in the Nifty IT index.

The PE of the stock is 27.94 based on TTM earnings ending March 24.

Previous News
  Coforge consolidated net profit rises 94.86% in the March 2024 quarter
 ( Results - Announcements 02-May-24   17:30 )
  Coforge partners with Fiorano to introduce ISO 20022 Compliance as a Service
 ( Corporate News - 16-May-24   18:23 )
  Coforge consolidated net profit rises 4.29% in the December 2023 quarter
 ( Results - Announcements 22-Jan-24   16:27 )
  Coforge Ltd slips for fifth straight session
 ( Hot Pursuit - 03-Jun-24   13:35 )
  Coforge fixes record date for interim dividend
 ( Market Beat - Reports 27-Apr-23   08:56 )
  Sensex tanks 909 pts; European mkt opens higher
 ( Market Commentary - Mid-Session 03-May-24   13:42 )
  Coal India, Coforge, CIE Automotive India, Railtel Corp in spotlight
 ( Market Commentary - Stock Alert 03-May-24   08:52 )
  Coforge allots 26,509 equity shares under ESOP
 ( Corporate News - 05-Feb-24   17:50 )
  Coforge Ltd gains for third straight session
 ( Hot Pursuit - 16-Feb-23   13:05 )
  Coforge to raise Rs 3,200 cr via QIP
 ( Hot Pursuit - 18-Mar-24   11:23 )
  Volumes spurt at Hikal Ltd counter
 ( Hot Pursuit - 06-May-22   14:30 )
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