Adding coforge @ 4274
(positional trade)
COFORGE is down 10% in last 1 month,20% in last 3 months.
Reason::
It has underperformed NIFTY IT Index by 10% in last 1 month, 18% in last 3 months
Trading at 26.5X (midcap average-32x) on FY24 earnings of INR 172 with EPS CAGR of 23% from FY22-24 (midcap IT average-20%)