Coforge share price has zoomed 5% and is presently trading at Rs 1,875.0.
Meanwhile, the BSE IT index is at 37,548.7 (up 0.9%).
Among the top gainers in the BSE IT index today are INTELLECT DESIGN (up 2.4%) and Sonata Software (up 2.3%).
ROUTE MOBILE (down 1.0%) and INDIAMART INTERMESH (down 0.5%) are among the top losers today.
Over the last one year, Coforge has moved up from Rs 1,043.5 to Rs 1,875.0, registering a gain of Rs 831.5 (up 79.7%).
On the other hand, the BSE IT index has moved up from 34,734.4 to 37,548.7, registering a gain of 8.1% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Firstsource Solutions (up 97.4%), Coforge (up 79.7%) and Eclerx Services (up 65.1%).
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What About the Benchmark Indices?
The BSE Sensex is at 82,351.7 (down 0.1%).
The top losers among the BSE Sensex today are Bajaj Finserv (down 1.3%) and ICICI Bank (down 0.9%). The most traded stocks in the BSE Sensex are Eternal Ltd and Tata Steel.
In the meantime, NSE Nifty is at 25,115.4 (up 0.1%). Grasim Industries and Indusind Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 75,074.5 to 82,351.7, registering a gain of 7,277.2 points (up 9.7%).
Coforge Financial Update…
Coforge net profit grew 33.5% YoY to Rs 3,059 million for the quarter ended March 2025, compared to a profit of Rs 2,292 million a year ago. Net sales rose 44.6% to Rs 34,099 million during the period as against Rs 23,585 million in January-March 2024.
For the year ended March 2024, Coforge reported 12.1% increase in net profit to Rs 8,356 million compared to net profit of Rs 7,451 million during FY23. Revenue of the company grew 14.5% to Rs 91,790 million during FY24.
The current Price to earnings ratio of Coforge, based on rolling 12 month earnings, stands at 67.1.
Indian Share Market Update: Top Gainers and Losers
