India's Coforge hits fresh record high
** Shares of Coforge COFO.NS rise 1.8% to a record high of 9,638 rupees
** Stock on track for its third straight day of gains; also its third straight session of hitting all-time high
** Stock is top gainer on Nifty IT Index .NIFTYIT, which is down 1.3%
** Reuters could not immediately ascertain the reason behind COFO's move
** COFO sees third-busiest day in over a month, with over 467,000 shares traded
** Analysts' avg rating on stock is "buy," vs "hold" on peers LTIMindtree LTIM.NS and Mphasis MBFL.NS - LSEG
** Their median PT on COFO is 8,150 rupees - LSEG
** Stock up 53.6% YTD vs 26% gain in Nifty IT Index
Reporting by Aleef Jahan in Bengaluru
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