Coforge dips 6% after 10% equity changes hands on BSE
At 09:15 am; around 6.18 million equity shares representing 10.14 per cent of total equity of Coforge changed hands on the BSE , the exchange data shows. BSE Shares of Coforge dipped 6 per cent to Rs 4,260 on the BSE in Thursday's intra-day trade after 10 per cent of the total equity of the information technology (IT) consulting & software company changed hands on the BSE . At 09:15 am, around 6.18 million equity shares, representing 10.14 per cent of total equity of Coforge, changed hands at the counter on the BSE, exchange data shows. The names of the buyers and sellers could not be ascertained immediately. Hulst BV, the promoter of Coforge held 49.97 stake in the company at the end of December 2021, the shareholding pattern data shows. In the previous calendar year 2021, Hulst BV had sold 8.35 million shares via block deals. In the past three months, the stock has underperformed the market by falling 19 per cent, as compared to a 5 per cent decline on the S...