Coforge Limited (NSE: COFORGE)

India flag India · Delayed Price · Currency is INR
8,216.75
+100.25 (1.24%)
Nov 21, 2024, 3:24 PM IST
43.94%
Market Cap 548.12B
Revenue (ttm) 101.45B
Net Income (ttm) 7.97B
Shares Out 66.76M
EPS (ttm) 124.67
PE Ratio 65.85
Forward PE 45.79
Dividend 76.00 (0.94%)
Ex-Dividend Date Oct 11, 2024
Volume 324,083
Open 8,149.00
Previous Close 8,116.50
Day's Range 8,107.10 - 8,238.50
52-Week Range 4,287.25 - 8,239.50
Beta 0.73
Analysts n/a
Price Target n/a
Earnings Date Jan 21, 2025

About Coforge

Coforge Limited provides information technology (IT) and IT enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific. The company offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predictive analytics, RPA, and case management; digital services, such as interactive services, product engineering, enterprise, and intelligent automation; and cloud and infrastructure management services comprising cloud, workplace, cybersecurity, data c... [Read more]

Sector Technology
Founded 1992
Employees 13,297
Stock Exchange National Stock Exchange of India
Ticker Symbol COFORGE
Full Company Profile

Financial Performance

In 2023, Coforge's revenue was 91.79 billion, an increase of 14.53% compared to the previous year's 80.15 billion. Earnings were 8.08 billion, an increase of 16.46%.

Financial Statements

News

UTI Mid Cap Fund delivers 26.85% returns in last year, top holdings in Coforge and Tube Investments

UTI Mid Cap Fund Direct-Growth is UTI Mutual Fund’s equity mutual fund scheme. It has an AUM of ₹11,894.38 crores and the current NAV is ₹326.078 as of 20 Nov 2024. The return performance of the UTI M...

1 day ago - Business Upturn

Coforge shares surge over 2% as Nomura maintains ‘Buy’ call, raises target to ₹8,480

Coforge shares rose over 2% after Nomura maintained its ‘Buy’ rating on the stock, raising the target price to ₹8,480, indicating a 12.2% upside from the current market price (CMP) of ₹7,555.45. Nomur...

4 weeks ago - Business Upturn

Coforge share price: Buy, Sell, or Hold? Check what brokerages are saying

Multiple brokerages have provided their views on Coforge. Here’s a summary: JPMorgan: JPMorgan has maintained an overweight call on Coforge, hiking the share price target to ₹9,600 from ₹9,300. The br...

4 weeks ago - Business Upturn

JPMorgan maintains overweight call on Coforge, hikes share price target to ₹9,600

JPMorgan has maintained its overweight rating on Coforge, raising the share price target to ₹9,600 from ₹9,300, indicating a 27.1% upside from the current market price (CMP) of ₹7,555.45. The firm not...

4 weeks ago - Business Upturn

Nomura maintains buy call on Coforge, sees 12.2% upside in share price; target to ₹8,480

Nomura has maintained its buy rating on Coforge, raising the share price target to ₹8,480, implying a 12.2% upside from the current market price (CMP) of ₹7,555.45. The brokerage anticipates double-di...

4 weeks ago - Business Upturn

Citi maintains sell call on Coforge, potential 11% downside from current share price

Citi has maintained its sell rating on Coforge with a share price target of ₹6,720, indicating an 11.1% downside from the current market price (CMP) of ₹7,555.45. Coforge’s Q2 revenues were ahead of e...

4 weeks ago - Business Upturn

HSBC maintains buy call on Coforge, raises share price target; expects 8.5% upside

HSBC has maintained its buy rating on Coforge and raised the share price target to ₹8,200, implying an 8.5% upside from the current market price (CMP) of ₹7,555.45. Coforge’s Q2 results were strong, a...

4 weeks ago - Business Upturn

Morgan Stanley maintains overweight call on Coforge, raises share price target to ₹8,000; sees 5.9% upside from CMP

Morgan Stanley has maintained its overweight rating on Coforge and raised the share price target to ₹8,000, indicating a 5.9% upside from the current market price (CMP) of ₹7,555.45. The company has d...

4 weeks ago - Business Upturn

Coforge shares jump 11%, market cap crosses ₹50,000 crore after strong Q2 FY25 results

Coforge Ltd. shares surged over 11% in today’s trading session, hitting a high of ₹7,648.70, after the company reported robust Q2 FY25 earnings. This increase pushed the company’s market capitalizatio...

4 weeks ago - Business Upturn

Coforge and Persistent Systems surge over 10% today: Check out the details

As of 11:02 AM, two major IT stocks—Coforge and Persistent Systems—have surged significantly, both registering gains of over 10%. Coforge Ltd: The stock is up 11.01%, gaining ₹748.60, bringing its pri...

4 weeks ago - Business Upturn

Why are Coforge shares up 11% today? – check details

Coforge shares rose over 11% in today’s trading session, reaching a high of ₹7,648.70 in early trade after the company reported strong Q2 FY25 profits. The firm reported a 26.3% quarter-on-quarter (Qo...

4 weeks ago - Business Upturn

Coforge shares surge over 6% today following strong Q2 earnings

Coforge shares surged more than 6% in today’s trading session, reaching a high of ₹7,269 in early trade, following the announcement of its robust Q2 FY25 earnings.

4 weeks ago - Business Upturn

IT Stocks to Watch After Q2 Results: Persistent Systems, Coforge

Several IT companies have reported their Q2 FY25 results, showing strong growth in both revenue and profitability. Here’s a breakdown of the key results from Persistent Systems and Coforge, making the...

4 weeks ago - Business Upturn

Coforge declares interim dividend of ₹19 per share, record date set for October 11, 2024

Coforge Limited has announced an interim dividend of ₹19 per equity share for the financial year FY25. The record date for determining the eligibility of shareholders for this payout has been set for ...

4 weeks ago - Business Upturn

Coforge Q2 FY25 Results: Revenue Rises 27.5% QoQ to ₹3,062.3 Crore, Net Profit Up 8.8% to ₹255.2 Crore

Coforge Limited has delivered strong quarter-on-quarter (QoQ) growth for the second quarter of FY25, with revenue increasing by 27.5% QoQ to ₹3,062.3 crore. The company also reported an 8.8% QoQ rise ...

4 weeks ago - Business Upturn

IT stocks today: LTTS rises 2.88%, Tech Mahindra up 2.29%, Infosys down 1.19%, Coforge slips 1%

As of 10:24 AM today, the Nifty IT Index shows a positive trend for most stocks, led by L&T Technology Services (LTTS) and Tech Mahindra, while Infosys and Coforge are among the top losers. Top Gainer...

4 weeks ago - Business Upturn

IT Stocks Update: Check out how Coforge, HCLTech, Wipro, Tech Mahindra, Infosys and other stocks are performing today

As of 12:02 PM, IT stocks are showing mixed movements in today’s trading session with some gaining while others slipping. Top Gainers: Coforge: ₹7,470.85, up by 0.52% (+₹38.75) HCL Tech: ₹1,859.30, up...

5 weeks ago - Business Upturn

IT stocks update: LTIM up 1.94%, Coforge gains 1.23%, Wipro down 1.24%

The information technology sector showcased mixed movements by mid-afternoon, with several stocks seeing notable gains while others dipped. Here are the key updates on IT stocks as of 2:38 PM: Top Gai...

6 weeks ago - Business Upturn

IT Stocks Update: LTIM up 2.30%, Mphasis rises 1.76%, Wipro falls 0.87% today

As of 2:34 PM, the IT sector witnessed mixed movements with some stocks showing strong gains while others struggled. The top gainers in the Nifty IT index included LTIM, Mphasis, and Coforge, while Wi...

6 weeks ago - Business Upturn

Nifty IT: Top gainers and losers on October 4

The Nifty IT index ended the day on a positive note, rising by 149.90 points or 0.36% to close at 41,912.50. Out of 10 stocks in the index, 6 advanced, and 4 declined, indicating a mixed performance a...

6 weeks ago - Business Upturn

Top Nifty Midcap 100 gainers: Bharti Hexacom, BSE, Indian Bank, Coforge, Oil India, Lupin, Yes Bank lead the rally

The Nifty Midcap 100 index saw strong performances from several stocks in early trade. Bharti Hexacom led the pack with a gain of 4.61%, trading at ₹1,450.90. BSE followed closely, rising 3.96% to ₹4,...

6 weeks ago - Business Upturn

JPMorgan maintains Overweight call on Coforge, expects 32% upside in share price

JPMorgan has reiterated its Overweight call on Coforge, increasing the target price to ₹9,300 per share from ₹6,900, indicating a potential upside of 32% from the current price of ₹7,025. The brokerag...

6 weeks ago - Business Upturn

Coforge partners with Salesforce to launch Coforge ENZO

Coforge has partnered with Salesforce to introduce Coforge ENZO, a new offering aimed at helping businesses tackle decarbonization challenges and manage greenhouse gas (GHG) emissions effectively.

3 months ago - Business Upturn

Stock Market Live: Nifty IT index hits record high, global cues drive stocks higher

The Nifty IT index has achieved a new record high, reaching 41,746.55 points and currently trading 1% higher. This milestone reflects a strong performance in the technology sector, driven by positive ...

3 months ago - Business Upturn