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Coforge rises on reporting 55% rise in Q1 consolidated net profit

28 Jul 2021

Coforge is currently trading at Rs. 4750.20, up by 27.15 points or 0.57% from its previous closing of Rs. 4723.05 on the BSE.

The scrip opened at Rs. 4702.00 and has touched a high and low of Rs. 4827.30 and Rs. 4567.25 respectively. So far 31483 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4,827.30 on 28-Jul-2021 and a 52 week low of Rs. 1727.05 on 28-Jul-2020.

Last one week high and low of the scrip stood at Rs. 4,827.30 and Rs. 4560.00 respectively. The current market cap of the company is Rs. 28677.73 crore.

The promoters holding in the company stood at 55.73%, while Institutions and Non-Institutions held 34.35% and 9.92% respectively.

Coforge has reported a rise of 58.39% in its net profit at Rs 171.70 crore for the quarter ended June 30, 2021 as compared to Rs 108.40 crore for the same quarter in the previous year. Total income of the company increased by 34.99% at Rs 883.70 crore for Q1FY22 as compared Rs 654.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 54.69% in its net profit attributable to owners at Rs 123.60 crore for the quarter ended June 30, 2021 as compared to Rs 79.90 crore for the same quarter in the previous year. Total income of the company increased by 38.80% at Rs 1477.70 crore for Q1FY22 as compared Rs 1064.60 crore for the corresponding quarter previous year.

Related Coforge Ltd. Links:

Coforge Share Price

5852.90 246.80 (4.40%) Oct 19, 17:49
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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