Coforge climbs on inking pact with FundMore
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Coforge is currently trading at Rs. 4506.30, up by 102.55 points or 2.33% from its previous closing of Rs. 4403.75 on the BSE.
The scrip opened at Rs. 4405.05 and has touched a high and low of Rs. 4565.70 and Rs. 4392.30 respectively. So far 7417 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4649.60 on 02-Jun-2023 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. 4627.35 and Rs. 4336.75 respectively. The current market cap of the company is Rs. 27580.18 crore.
The promoters holding in the company stood at 30.16%, while Institutions and Non-Institutions held 57.60% and 12.24% respectively.
FundMore, an award-winning mortgage underwriting software, has partnered with Coforge, to develop a state-of-the-art platform designed to automate QC, risk management and regulatory compliance in the mortgage industry. By leveraging advanced technology, the partnership empowers financial institutions to enhance the overall efficiency of their quality control and compliance processes.
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.
