Coforge surges on opening center of excellence for Metaverse and Web3
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Coforge is currently trading at Rs. 3559.60, up by 48.10 points or 1.37% from its previous closing of Rs. 3511.50 on the BSE.
The scrip opened at Rs. 3575.00 and has touched a high and low of Rs. 3585.00 and Rs. 3544.00 respectively. So far 962 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. 3749.00 and Rs. 3425.00 respectively. The current market cap of the company is Rs. 21399.04 crore.
The promoters holding in the company stood at 40.09%, while Institutions and Non-Institutions held 47.75% and 12.16% respectively.
Coforge has opened its center of excellence (CoE) for the Metaverse and Web3 at the Greater Noida Campus. The facility will promote inter-disciplinary research and identify various usecases using the metaverse and its intersection with digital technologies including blockchain, smart contracts, AI, ML, cognitive, data & analytics, and integration with other enterprise systems. Coforge aims to be at the forefront of the immersive experience, real-time presence, decentralized control, and possibilities metaverse & Web3 offer. The company also plans to train and upskill over 1000 employees to deliver on the Metaverse and Web3 requirements of its customers.
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.
