Recent Price Movement and Market Context
Coforge’s share price has demonstrated notable strength over recent periods, outperforming key benchmarks such as the Sensex. Over the past week, the stock gained 2.99%, while the Sensex declined by 0.53%. The one-month return of 11.31% significantly outpaces the Sensex’s 2.16% rise, underscoring the stock’s momentum. Even on a longer horizon, Coforge has delivered a 12.18% return over the last year, more than double the Sensex’s 5.32% gain. Its three-year and five-year returns of 132.19% and 302.11%, respectively, further highlight its sustained outperformance against the broader market.
On 04-Dec, the stock traded close to its 52-week high, just 1.84% shy of ₹2,003.59, and touched an intraday peak of ₹1,985.50, marking a 3.82%...
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