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Coforge Ltd Eases For Fifth Session In Row

coforge ltd_eq
As of 13:19 IST on the NSE, Coforge Ltd. is quoted at Rs 2831.95, down 0.67% on the day.

As of 13:19 IST on the NSE, Coforge Ltd. is quoted at Rs 2831.95, down 0.67% on the day. The stock increased by 152.51% in the past year, outpacing the NIFTY and Nifty IT index increases of 56.04% and 95.55%, respectively.
Today’s session saw Coforge Ltd decline for the seventh day in a row. As of 13:19 IST on the NSE, the stock is trading at Rs 2831.95, down 0.67% for the day. The benchmark NIFTY is trading at 14484.2, up almost 1% daily. The Sensex is up 1.05% at 48383.4. Coforge Ltd has decreased by about 4.33% during the past month. The Nifty IT index, which includes Coforge Ltd., has slid over the past month by about 1.77% and is presently trading at 25609.1, up 0.19% today. 2.27 lakh shares were traded in the company today, compared to a daily average of 7.35 lakh shares over the previous month.
The stock’s benchmark April futures contract is trading at Rs 2830.3, down 0.76% from the previous day. Coforge Ltd increased by 152.51% over the course of the past year, outpacing the NIFTY index’s gains of 56.04% and the Nifty IT index’s gains of 95.55%.

Based on TTM earnings that ended on December 20, the PE for the company is 54.07.

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