New Delhi, March 5 -- 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 Rs.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 Rs.10 into five equity shares of face value of Rs.2 each.

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

(To be updated)

Published by HT Digital Content Services with permission from MINT....