COFORGE Share Price Up by 5%; BSE IT Index Up 2.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

COFORGE Share Price Up by 5%; BSE IT Index Up 2.5%
Fri, 25 Sep 11:20 AM

COFORGE share price has zoomed 5% and is presently trading at Rs 2,226.

Meanwhile, the BSE IT Index is at 19,628 (up 2.5%).

Among the top Gainers in the BSE IT Index today are COFORGE (up 5.3%) and TATA ELXSI (up 5.3%).

MPHASIS is among the top loser today.

Over the last one year, COFORGE has moved up from Rs 1,410 to Rs 2,226, registering a gain of Rs 817 (up 57.8%).

On the other hand, the BSE IT has moved up from 15,067 to 19,628, registering a gain of 4,561 points (up 29.9%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were PERSISTENT SYSTEMS (up 98.4%), TATA ELXSI (up 92.3%) and INFIBEAM AVENUES (up 83.9%).

Watch Now: Replay of Our Explosive Profits Summit

What About the Benchmark Indices?

The BSE Sensex is at 37,034 (up 1.1%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 5.7%), BHARTI AIRTEL (up 4.0%) and TCS (up 3.0%). Other gainers include TECH MAHINDRA (up 2.7%) and INDUSIND BANK (up 2.7%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 10,947 (up 1.1%). The top gainers in the NSE Nifty include BHARTI INFRATEL (up 6.5%), HCL TECHNOLOGIES (up 5.4%) and ADANI PORTS & SEZ (up 4.5%). Other gainers include BHARTI AIRTEL (up 3.9%) and EICHER MOTOR (up 3.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,090 to 37,034, registering a loss of 2,056 points (down 5.48%).

COFORGE Financial Update...

COFORGE net profit down at Rs 829 million for the quarter ended June 2020, compared to a loss of Rs 1 billion a year ago. Net Sales declined 1.5% to Rs 10.6 billion during the period as against Rs 10.7 billion in April-June 2019.

For the year ended March 2018, COFORGE reported 4.9% increase in net profit to Rs 3.1 billion compared to net profit of Rs 2.9 billion during FY17.

Revenue of the company grew 6.8% to Rs 30 billion during FY18.

The current Price to earnings ratio of COFORGE, based on rolling 12 month earnings, stands at 29.7x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "COFORGE Share Price Up by 5%; BSE IT Index Up 2.5%". Click here!

  

Stock Market Updates

INFO EDGE Share Price Up by 5%; BSE IT Index Up 0.2% (Today's Market)

Oct 23, 2020 01:32 PM

INFO EDGE share price is trading up by 5% and its current market price is Rs 3,570. The BSE IT is up by 0.2%. The top gainers in the BSE IT Index is INFO EDGE (up 5.1%). The top losers are PERSISTENT SYSTEMS (down 0.2%) and INFOSYS (down 0.3%).

NCC Share Price Up by 11%; BSE REALTY Index Down 0.5% (Today's Market)

Oct 23, 2020 01:16 PM

NCC share price is trading up by 11% and its current market price is Rs 37. The BSE REALTY is down by 0.5%. The top gainers in the BSE REALTY Index is NCC (up 10.6%). The top losers are DLF (down 0.1%) and INDIABULLS REAL EST (down 0.2%).

Sensex Trades 120 Points Higher; Dow Futures Down by 47 Points (Today's Market)

Oct 23, 2020 12:30 pm

Share markets in India are presently trading marginally higher. The BSE Sensex is trading up by 120 points, up 0.3%, at 40,678 levels.

SPICEJET Share Price Up by 11%; BSE 500 Index Up 0.5% (Today's Market)

Oct 23, 2020 01:06 PM

SPICEJET share price is trading up by 11% and its current market price is Rs 53. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are SPICEJET (up 10.8%) and ADITYA BIRLA FASHION & RETAIL (up 12.8%). The top losers are CUMMINS INDIA and BATA INDIA .

JK TYRE & IND Share Price Up by 13%; BSE 500 Index Up 0.5% (Today's Market)

Oct 23, 2020 12:48 PM

JK TYRE & IND share price is trading up by 13% and its current market price is Rs 75. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are JK TYRE & IND (up 12.5%) and ADITYA BIRLA FASHION & RETAIL (up 10.3%). The top losers are TATA INVESTMENT and SUNDRAM FASTENERS .

ADITYA BIRLA FASHION & RETAIL Share Price Up by 10%; BSE 500 Index Up 0.5% (Today's Market)

Oct 23, 2020 12:36 PM

ADITYA BIRLA FASHION & RETAIL share price is trading up by 10% and its current market price is Rs 170. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are ADITYA BIRLA FASHION & RETAIL (up 10.2%) and RELIANCE POWER (up 19.7%). The top losers are UPL and GODREJ CONSUMER .

View More Indian Share Market News

Most Popular

The 'Seedhi Baat, No Bakwaas' View on ITC(Profit Hunter)

Oct 12, 2020

Is ITC an investment or a speculation at current levels?

One of the Best Investment Opportunities in the Market Right Now(Fast Profits Daily)

Oct 16, 2020

The one sector that you should be looking at to make good profits.

PSU Stocks Are Looking Positive Now(Fast Profits Daily)

Oct 19, 2020

Has the market changed its opinion on PSUs?

Why India's Drone Revolution is a 4x Profit Opportunity(Profit Hunter)

Oct 16, 2020

My research on India's leading defence companies brought me to one major player in drone manufacturing.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Oct 23, 2020 01:54 PM

MARKET STATS