Hot Pursuit     11-Jan-24
Coforge Ltd spurts 1.96%, gains for third straight session
Coforge Ltd is quoting at Rs 6272.65, up 1.96% on the day as on 12:49 IST on the NSE. The stock is up 60.66% in last one year as compared to a 21.33% gain in NIFTY and a 21.2% gain in the Nifty IT index.

Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 6272.65, up 1.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 21667.7. The Sensex is at 71783.67, up 0.18%. Coforge Ltd has added around 7.1% in last one month.

Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has added around 3.93% in last one month and is currently quoting at 34834.35, down 0.07% on the day. The volume in the stock stood at 3.09 lakh shares today, compared to the daily average of 4.4 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 6286.9, up 2.08% on the day. Coforge Ltd is up 60.66% in last one year as compared to a 21.33% gain in NIFTY and a 21.2% gain in the Nifty IT index.

The PE of the stock is 46.41 based on TTM earnings ending September 23.

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