OICHARTS
8 AMThe 8 AM report →
ITMedium impactAfter close

Coforge shares drop 7% ahead of QIP fund raise meeting

after close1 source ↓written by the desknot a recommendation

in intraday trading
7%
after the company
₹1,739.30
26 Dec 2023
and was trading
₹1,847
was trading
₹1,790.70

Shares of Coforge fell over 7% in intraday trading, hitting a low of ₹1,739.30 after the company announced a board meeting to discuss a fund raise via QIP on 26 Dec 2023. The stock opened at ₹1,847 and was trading at ₹1,790.70, down 4.17%. The proposal requires regulatory and shareholder approvals, potentially via an EGM.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Dec 2025, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

COFORGE closed −2.4% on the day of the news, from ₹1,780.20 to ₹1,737.70; Nifty −0.1% over the same session; futures OI +4.5%.

Bulletin at 16:05 IST on 23 Dec 2025. Every change is measured from ₹1,780.20, the last close before it, on 23 Dec. Nifty 50 is measured over the same sessions.

  • COFORGE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
COFORGE closes around the bulletin against the close before the news, with Nifty 50 rebased to it154017802021axis spans 31%before the news · 23 Dec1780Nifty 50COFORGEbulletinD0+1+3+517 Dec30 Dec8 JanFutures open interest, lotspeak 50,000Reference close ₹1,780.20. 16 sessions from 17 Dec to 8 Jan; the price axis spans 31 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Dec₹1,780.20basebase
On the day24 Dec₹1,737.70▼ −2.4%▼ −0.1%−2.3 pp difference
+1 session26 Dec₹1,673.30▼ −6.0%▼ −0.5%−5.5 pp difference
+3 sessions30 Dec₹1,654.90▼ −7.0%▼ −0.9%−6.1 pp difference
+5 sessions1 Jan₹1,655.80▼ −7.0%▼ −0.1%−6.9 pp difference
Gap at the open, % · ₹
0.0%0.00 on 24 Dec
Day's range, % · ₹
2.8%≈ 49 high to low
Volume on the day
1.85×the 20-session average
Futures OI on the day
▲ +4.5%+1,500 lots · short build-up · price −2.4%
Futures OI open, lots
35,00024 Dec · 30 Dec expiry
Futures premium, ₹
−1.00−0.1% to spot
Puts per call, by OI
0.52from 0.44 the session before
Max pain
1,780from 1,800 the session before

Source NSE UDiFF bhavcopy · COFORGE on the desk →

Thread · COFORGEAll COFORGE bulletins →

Related