Coforge surges after launching two new AI platforms
Coforge is currently trading at Rs 8560.00, up by 92.90 points or 1.10% from its previous closing of Rs 8467.10 on the BSE.
The scrip opened at Rs 8559.95 and has touched a high and low of Rs 8635.00 and Rs 8519.70 respectively. So far 11359 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 10017.95 on 30-Dec-2024 and a 52-week low of Rs 4718.85 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs 8635.00 and Rs 8244.65 respectively. The current market cap of the company is Rs 57028.66 crore.
The Institutional holding in the company stood at 90.14%, while Non-Institutions held 9.86%.
Coforge has launched two new AI platforms: Quasar GenAI Central and Quasar Marketplace. These initiatives mark a major step in Coforge’s journey to accelerate responsible, enterprise-wide AI adoption and deliver real-time innovation at scale.
Quasar GenAI Central is an enterprise-grade, secure GenAI playground that gives Coforge developers and engineers centralized access to top generative AI models like GPT, Gemini, Llama, and Claude. Built with enterprise-grade security, robust governance frameworks, and responsible AI principles at its core, the platform is designed to seamlessly integrate LLMs into the daily workflows, driving enhanced productivity and innovation and scalability across internal operations and client engagements. This platform will enable Coforge teams to leverage LLMs for a multitude of tasks, including indepth client business research, identifying applicable use cases for specific industries, and rapidly develop and deliver innovative solutions for its clients.
Complementing Quasar GenAI Central is the Quasar Marketplace, Coforge’s all-in-one destination for AI capabilities. The Marketplace offers a curated catalog of high-quality AI solutions, designed to accelerate business outcomes and simplify the adoption of complex AI systems.
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.
