Coforge shines on launching Coforge Quasar
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Coforge is currently trading at Rs. 5029.95, up by 118.35 points or 2.14% from its previous closing of Rs. 4911.60 on the BSE.
The scrip opened at Rs. 4790.00 and has touched a high and low of Rs. 5090.00 and Rs. 4710.00 respectively. So far 328240 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5420.00 on 16-Aug-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. 5090.00 and Rs. 4710.00 respectively. The current market cap of the company is Rs. 30013.44 crore.
The promoters holding in the company stood at 26.63%, while Institutions and Non-Institutions held 61.98% and 11.39% respectively.
Coforge has launched Coforge Quasar, a Gen AI Platform designed to build Enterprise AI capabilities. Coforge Quasar comes pre-loaded with a comprehensive set of 100+ APIs, readily available for integration. Featuring a modular and scalable architecture, Quasar boasts an array of 100+ pre-built cognitive and generative use cases, facilitating the creation of out-of-the-box solutions.
The platform operates on a fully governed framework, incorporating Process Governance, API Governance, and Model Governance (MLOps) within its foundation. Enterprises can choose a cloud-based setup or an on-premise set-up with enhanced security and controls.
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.
