Coforge Shares Hit 3-Month Low

  Published 8 months ago

Coforge fell 4.1% to Rs 1,633.30 after missing MSCI Global Standard index inclusion, extending YTD losses to 15.4%.

  • MSCI added Vishal Mega Mart, Swiggy, and two others to its flagship Global Standard index.
  • Coforge’s exclusion surprised markets, as IIFL had expected its inclusion in the index.
  • New additions could see potential total inflows of $1 billion into Indian equities.

You might like these

L&T Q1 Profit Rises 25%, Bags Record Orders

EPFO Makes Aadhaar Face Authentication Mandatory

Mahindra Lifespace Chembur Redevelopment

Sarveshwar Foods Lands Singapore Deal

Rajiv Anand Named IndusInd MD‑CEO

ITD Cementation Soars 6.93% on Rs 893 Crore Order

Saifco Acquisition Expands JK Cement's J&K Footprint

News that matters the most ⚡