Coforge closed about 7% lower on Wednesday, after trading as much as 9% down intraday.
The trigger was governance, not business: Chairman Om Prakash Bhatt resigned following an internal audit review of the board's evaluation processes, saying his continued service would not be conducive to the effective functioning of the board.
→ Why it moved: https://marketchacha.com/movers
This article is for educational and informational purposes only. It is not financial advice, investment recommendation, or a solicitation to buy or sell securities. Investing involves significant risks. I am not a SEBI-registered investment advisor. Readers should consult their own financial advisor and conduct their own research before making any investment decisions.
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