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Coforge is currently trading at Rs. 5292.00, up by 4.15 points or 0.08% from its previous closing of Rs. 5287.85 on the BSE.
The scrip opened at Rs. 5310.05 and has touched a high and low of Rs. 5334.20 and Rs. 5262.00 respectively. So far 2635 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5760.00 on 06-Sep-2023 and a 52 week low of Rs. 3295.50 on 03-Oct-2022.
Last one week high and low of the scrip stood at Rs. 5649.95 and Rs. 5255.20 respectively. The current market cap of the company is Rs. 32529.76 crore.
The promoters holding in the company stood at 26.63%, while Institutions and Non-Institutions held 61.98% and 11.39% respectively.
Coforge and Newgen Software have elevated their partnership to deliver transformative insurance lifecycle management solutions in Customer Communications Management (CCM) and Document and Content Management (DCM) on the Low Code platform. This will steer in a new era of agility, customer-centricity, and operational efficiency for Life and Annuity (L&A) and Property & Casualty (P&C) insurers. By combining their respective strengths, the companies are uniquely positioned to address the intricacies of the insurance domain across the US, UK, EMEA, and ANZ markets.
Newgen offers a comprehensive suite of advanced solutions including the Insurance Claims Workbench, Policy Binding Solutions, and Newgen- Duck Creek, Guidewire surround proposition. Coforge brings deep industry knowledge and a strong track record of delivering digital transformation solutions to global insurance organizations. This synergistic partnership of Coforge’s delivery expertise and Newgen’s innovative solutions will address complex business challenges and unlock new opportunities for insurers.
Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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