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Shares of IT options firm Coforge gained over 12 per cent on Monday as the corporate reported an 11.7 per cent year-on-year improve to Rs 202.2 crore in consolidated internet revenue for the quarter that led to September. The counter opened at Rs 6,931.55 towards the earlier shut of Rs 6,795.60 on the BSE. The counter surged additional to the touch the excessive of Rs 7,632.75 – a achieve of 12.32 per cent from the earlier shut. That is additionally the recent 52-week excessive of the counter.
Final seen, the counter held firmly in inexperienced and was buying and selling at Rs 7554.15. The inventory has a 52-week low of Rs 4,291.05.
Coforge Share Value Historical past
Share of Coforge has given a optimistic return of 53.54 per cent in a single yr and a 95.60 per cent return in two years. The inventory has given a multibagger return of 415 per cent in 4 years.
Coforge Q2 Outcomes
The corporate’s income from operations for the quarter beneath evaluate stood at Rs 3,062.3 crore, a 34.5 per cent rise from Rs 2,276.2 crore in Q2 FY24.
Its revenue and income jumped 51.8 per cent and 27.5 per cent, respectively.
The Noida-headquartered agency added 5,871 employees in the course of the quarter, together with 4,430 from its acquisition of Cigniti. This brings its whole worker depend to 32,483.
Coforge Interim Dividend 2024
The corporate’s board beneficial an interim dividend of Rs 19 per share, and the report date for this payout was October 11, 2024, based on the submitting.
A world digital companies and options supplier, Coforge has a presence in 21 international locations with 25 supply centres throughout 9 international locations Shares of Coforge had been buying and selling 11.48 per cent larger at Rs 7575.75 apiece on the BSE on Wednesday.
With PTI inputs
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