Coforge Ltd soars 1.27%, gains for fifth straight session

Coforge Ltd is quoting at Rs 2874.55, up 1.27% on the day as on 12:44 IST on the NSE. The stock is up 74.45% in last one year as compared to a 18% jump in NIFTY and a 60.22% jump in the Nifty IT.

Jan 05, 2021 01:01 IST capital market

Coforge Ltd is up for a fifth straight session today. The stock is quoting at Rs 2874.55, up 1.27% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 14151.85. The Sensex is at 48259.77, up 0.17%. Coforge Ltd has gained around 17.06% in last one month.

Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has gained around 13.38% in last one month and is currently quoting at 25110.05, up 1.32% on the day. The volume in the stock stood at 3.06 lakh shares today, compared to the daily average of 4.27 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 2886, up 1.29% on the day. Coforge Ltd is up 74.45% in last one year as compared to a 18% jump in NIFTY and a 60.22% jump in the Nifty IT index.

The PE of the stock is 42.41 based on TTM earnings ending September 20.

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