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Coforge gains on raising Rs 340 crore through bonds
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Coforge is currently trading at Rs. 2862.70, up by 55.80 points or 1.99% from its previous closing of Rs. 2806.90 on the BSE.
The scrip opened at Rs. 2872.90 and has touched a high and low of Rs. 2872.90 and Rs. 2786.95 respectively. So far 5091 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3222.00 on 16-Apr-2021 and a 52 week low of Rs. 1079.75 on 27-Apr-2020.
Last one week high and low of the scrip stood at Rs. 3014.75 and Rs. 2786.95 respectively. The current market cap of the company is Rs. 17225.80 crore.
The promoters holding in the company stood at 63.99%, while Institutions and Non-Institutions held 26.47% and 9.54% respectively.
Coforge has raised Rs 340 crore through Unsecured, Listed, Rated, Redeemable Non-Convertible Bonds and allotted 3400 Unsecured, Listed, Rated, Redeemable Non-Convertible Bonds of face value of Rs 10,00,000 each to identified investors on a private placement basis.
Coforge was earlier known as NIIT Technologies.
