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Coforge is currently trading at Rs. 5875.05, up by 95.00 points or 1.64% from its previous closing of Rs. 5780.05 on the BSE.
The scrip opened at Rs. 5853.85 and has touched a high and low of Rs. 5907.00 and Rs. 5807.85 respectively. So far 4207 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5915.75 on 08-Dec-2023 and a 52 week low of Rs. 3565.20 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 5915.75 and Rs. 5505.75 respectively. The current market cap of the company is Rs. 36197.41 crore.
The Institutions and Non-Institutions held 88.64% and 11.35% stake in the company respectively.
Coforge has introduced the Quasar Responsible AI solution. As businesses progressively integrate AI, the notion of Responsible AI has become a crucial concern to guarantee that AI applications uphold ethical principles, fairness, security, and conformity with applicable regulations and standards. Coforge Quasar Responsible AI is a comprehensive solution that guarantees the utilization of AI adheres to ethical standards, fairness, transparency, and regulatory compliance. It tackles biases in datasets and models, identifies potential risks and compliance issues, and provides tools to govern, mitigate, and remediate these challenges. By fostering trust among AI stakeholders, this solution ensures that AI augments human capabilities without compromising rights or impacting societal inequities.
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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