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The Economic Times
The Economic Times
Business
Sakshi Kumari

Coforge shares jump 3% after IT major launches private equity unit

Coforge

Shares of Coforge gained over 3% to Rs 1,876.45 on the BSE on Thursday after the IT services provider announced a major strategic push into the private equity domain. The stock saw steady buying interest from the market opening, rising Rs 61.45 (or 3.39%) above its previous close of Rs 1,815.00.

The bullish momentum follows the company's formal launch of a dedicated Private Equity (PE) Business Unit, designed to help PE funds drive operational transformation and value creation across their portfolio investments.

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