Coforge is currently trading at Rs. 2894.10, up by 25.55 points or 0.89% from its previous closing of Rs. 2868.55 on the BSE.
The scrip opened at Rs. 2873.00 and has touched a high and low of Rs. 2909.25 and Rs. 2873.00 respectively. So far 1504 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3222.00 on 16-Apr-2021 and a 52 week low of Rs. 1151.00 on 04-May-2020.
Last one week high and low of the scrip stood at Rs. 3014.75 and Rs. 2786.95 respectively. The current market cap of the company is Rs. 17381.22 crore.
The promoters holding in the company stood at 63.99%, while Institutions and Non-Institutions held 26.47% and 9.54% respectively.
Coforge has acquired 60 per cent stake in SLK Global Solutions. With this acquisition, SLK Global Solutions is a subsidiary of Coforge with immediate effect. Aggregate consideration paid by Coforge for the acquisition of 60 per cent share is Rs 918.32 crore.
Earlier, Coforge had proposed to acquire equity share equivalent to 60 per cent of the total issued and paid up share capital of SLK Global Solutions, of which equity shares equivalent to 35 per cent were purchased on April 12. Coforge has acquired the second tranche of shares on April 28. Equity shares equivalent to 25 per cent were to be purchased within 23 business days from the closing date of the first tranche.
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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