
Coforge Share Price Crashes 10% After Q4 Results and Cigniti Acquisition
Coforge Ltd. shares witnessed a steep decline of nearly 10% on Friday, May 3rd, 2024, following the announcement of their Q4 results for the March 2024 quarter. This drop comes alongside news of a planned acquisition of a majority stake in Cigniti Technologies. Financial Performance Misses Estimates The decline in share price is attributed to…