Coforge gains on partnering with Newgen Software
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Coforge is currently trading at Rs. 3582.00, up by 35.05 points or 0.99% from its previous closing of Rs. 3546.95 on the BSE.
The scrip opened at Rs. 3552.05 and has touched a high and low of Rs. 3600.00 and Rs. 3523.50 respectively. So far 7233 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. 3224.45 on 15-Jun-2022.
Last one week high and low of the scrip stood at Rs. 3699.45 and Rs. 3406.85 respectively. The current market cap of the company is Rs. 21815.94 crore.
The promoters holding in the company stood at 40.09%, while Institutions and Non-Institutions held 48.08% and 11.83% respectively.
Coforge has partnered with Newgen Software, a global provider of a low code digital transformation platform. This alliance brings together Coforge’s expertise and implementation resources strength with Newgen’s business insights and robust, secure, and scalable low code digital transformation platform - NewgenONE.
Newgen’s and Coforge’s combined capabilities will help organizations transform current processes, enhance operational efficiency, and gain a competitive edge over peers. Put together, business leaders will be able to leverage contextual content services (ECM), low code process automation (BPM), and omnichannel customer engagement (CCM) platforms to seamlessly manage their processes, content, and communications.
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.
