Coforge Ltd rose for a fifth straight session today. The stock is quoting at Rs 5516.3, up 3.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.52% on the day, quoting at 17420.75. The Sensex is at 58436.96, down 0.59%. Coforge Ltd has added around 0.37% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has added around 0.97% in last one month and is currently quoting at 35939.6, up 0.47% on the day. The volume in the stock stood at 3.01 lakh shares today, compared to the daily average of 4.02 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 5515, up 3.7% on the day. Coforge Ltd is up 120.37% in last one year as compared to a 28.49% gain in NIFTY and a 58.75% gain in the Nifty IT index. The PE of the stock is 83.89 based on TTM earnings ending September 21.
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