Coforge share price jumps over 7% on 1:5 stock split, acquisition updates

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Coforge share price jumped over 7% in early trade on Wednesday after the IT company announced the proposal for a stock split. Coforge shares rallied as much as 7.59% to 7,751.60 apiece on the BSE.

Coforge said its board of directors approved a stock split in the ratio of 1:5. The company will divide its one equity share of face value of 10 into five equity shares of face value of 2 each. 

At 9:25 AM, Coforge shares were trading 7.39% higher at 7,736.50 apiece on the BSE.



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