India, April 4 -- IT company Coforge's shares fell by more than 7% on Friday, mirroring a trend that has been ongoing for four consecutive sessions.
The company's intraday low was Rs.6,625 on the Bombay Stock Exchange (BSE), which is down by 7.43% from the previous close.
At 1 pm, it was down 6.20% or by Rs.443.80, trading at Rs.6,713.45.
The decline is due to a broader IT stock sell-off. The Nifty IT index dropped by 2.90%, reaching 33,749.90, amid US President Donald Trump's tariffs, which came into effect a day prior.
It was also the stock which fell the most among the 10 stocks on the Nifty IT index. It also fell the second-most on the Nifty Midsmall IT & Telecom index with 20 stocks.
The shares also fell despite the company anno...
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