Coforge zooms on expanding global partnership with Tokio Marine HCC

01 Dec 2022 Evaluate

Coforge is currently trading at Rs. 4120.00, up by 85.95 points or 2.13% from its previous closing of Rs. 4034.05 on the BSE.

The scrip opened at Rs. 4090.00 and has touched a high and low of Rs. 4201.20 and Rs. 4090.00 respectively. So far 11003 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6133.00 on 04-Jan-2022 and a 52 week low of Rs. 3210.00 on 19-Sep-2022.

Last one week high and low of the scrip stood at Rs. 4201.20 and Rs. 3918.35 respectively. The current market cap of the company is Rs. 25221.77 crore.

The promoters holding in the company stood at 40.06%, while Institutions and Non-Institutions held 47.47% and 12.46% respectively.

Coforge has expanded global partnership with Tokio Marine HCC (TMHCC), headquartered in Houston, Texas and a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and continental Europe, to drive IT transformation.

TMHCC has worked with Coforge since 2016. Coforge was engaged as an IT partner for its digital process automation capabilities, which will now expand into a global relationship. The scope of services includes Run, Build and Transform to enable business agility, superior customer experience, and doing more with less. These services cover digital platforms development including UI/UX services, data, and analytical reporting, managed application services and infrastructure services.

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.

Coforge Share Price

4415.50 123.30 (2.87%)
30-Jan-2023 18:02 View Price Chart
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