Coforge is currently trading at RS. 6431.80, up by 20.20 points or 0.32% from its previous close of RS. 6411.60 on the BSE.
The stock opened at RS. 6355.00 and has touched a high of RS. 6565.00 and a low of RS. 6251.05 during the session. A total of 88,973 shares have been traded on the counter so far.
A BSE Group 'A' stock with a face value of RS. 10, Coforge touched a 52-week high of RS. 10017.95 on December 30, 2024, and a 52-week low of RS. 4291.05 on May 9, 2024. In the past week, the scrip recorded a high of RS. 6598.35 and a low of RS. 6251.05. The company’s current market capitalization stands at RS. 43122.82 crore.
Institutional investors hold 90.41% stake in the company, while non-institutional investors hold 9.59%.
Coforge’s wholly owned subsidiary, Coforge Technologies Australia Pty, has completed the acquisition of 100% equity in TMLabs Pty under the Share Sale Agreement.
This move aligns with Coforge’s strategy to strengthen its capabilities in the ServiceNow ecosystem, especially in new modules such as Integrated Risk Management, Healthcare, and HR Service Delivery. With a focus on the growing healthcare segment and the Australian market, TMLabs’ operations align well with Coforge’s strategic priorities.
Formerly known as NIIT Technologies, Coforge is a global IT solutions provider, known for combining deep domain expertise with emerging technologies to drive tangible business transformation.