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Coforge Ltd gains for third straight session
(06-Jul-2022, 13:05 Hours IST)  

Coforge Ltd rose for a third straight session today. The stock is quoting at Rs 3606.45, up 1.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 15938.5. The Sensex is at 53666.3, up 1%. Coforge Ltd has gained around 1.58% in last one month.

Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has gained around 4.52% in last one month and is currently quoting at 27695.15, up 1.19% on the day. The volume in the stock stood at 1.7 lakh shares today, compared to the daily average of 4.23 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 3618.9, up 2.61% on the day. Coforge Ltd is down 15.04% in last one year as compared to a 0.37% jump in NIFTY and a 2.47% jump in the Nifty FMCG index.

The PE of the stock is 33.52 based on TTM earnings ending March 22.

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