Coforge Ltd soars 2.13%, up for third straight session

Coforge Ltd rose for a third straight session today. The stock is quoting at Rs 2088.5, up 2.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 23297. The Sensex is at 75277.24, up 1.1%. Coforge Ltd has added around 12.77% in last one month.

Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has added around 14.67% in last one month and is currently quoting at 32606.9, down 0.47% on the day. The volume in the stock stood at 27.02 lakh shares today, compared to the daily average of 27.48 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2084.8, up 1.3% on the day. Coforge Ltd is up 16.36% in last one year as compared to a 9.57% fall in NIFTY and a 8.98% fall in the Nifty IT index.

The PE of the stock is 73.35 based on TTM earnings ending September 26.

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