Coforge Ltd gains 0.63%

Coforge Ltd is quoting at Rs 2707.85, up 0.63% on the day as on 12:44 IST on the NSE. The stock is up 70.69% in last one year as compared to a 13.4% jump in NIFTY and a 53.76% jump in the Nifty IT.

Dec 29, 2020 01:12 IST capital market

Coforge Ltd is up for a fifth straight session today. The stock is quoting at Rs 2707.85, up 0.63% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 13898.2. The Sensex is at 47487.2, up 0.28%. Coforge Ltd has gained around 10.28% in last one month.

Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has gained around 9.41% in last one month and is currently quoting at 24100.3, up 0.65% on the day. The volume in the stock stood at 2.16 lakh shares today, compared to the daily average of 4.56 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 2713.5, up 0.59% on the day. Coforge Ltd is up 70.69% in last one year as compared to a 13.4% jump in NIFTY and a 53.76% jump in the Nifty IT index.

The PE of the stock is 40.19 based on TTM earnings ending September 20.

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