Coforge Limited (NSE:COFORGE)

India flag India · Delayed Price · Currency is INR
1,613.10
+12.30 (0.77%)
Oct 3, 2025, 3:29 PM IST
0.77%
Market Cap539.74B
Revenue (ttm)133.82B
Net Income (ttm)9.96B
Shares Out334.60M
EPS (ttm)29.54
PE Ratio58.17
Forward PE33.33
Dividend16.00 (0.99%)
Ex-Dividend DateJul 31, 2025
Volume1,434,768
Average Volume1,926,221
Open1,595.00
Previous Close1,600.80
Day's Range1,588.50 - 1,619.80
52-Week Range1,194.01 - 2,005.36
Beta0.25
RSI41.35
Earnings DateOct 24, 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 Artificial intelligence services and platforms; and AI (artificial intelligence) and ML (machine learning) services, including predictive analytics, model risk management, and recommendation engine; intelligent automation solutions, such as enterprise and intelligent process automation, and smart application; data analytics solutions, such as data migration, clou... [Read more]

Sector Technology
Founded 1992
Employees 25,620
Stock Exchange National Stock Exchange of India
Ticker Symbol COFORGE
Full Company Profile

Financial Performance

In 2024, Coforge's revenue was 120.51 billion, an increase of 33.76% compared to the previous year's 90.09 billion. Earnings were 8.12 billion, an increase of 0.51%.

Financial Statements

News

Coforge shares jump nearly 3% as CLSA, Morgan Stanley remain bullish – Check target price

Shares of Coforge Limited rose nearly 3% on Tuesday, September 30, to trade at ₹1,583.90 on the NSE after global brokerage firms CLSA and Morgan Stanley maintained positive views on the IT services co...

4 days ago - Business Upturn

Stocks to watch today, Sep 30, 2025: Brokerages pick Coforge, Lupin, Kotak Bank, Astral, IndiGo; cautious on ONGC, Tata Motors, L&T

Indian equities are set for a session where brokerages have highlighted several stocks and sectors with a mix of positive, neutral, and cautious views. A cluster of reports point to strength in IT, au...

4 days ago - Business Upturn

CLSA initiates coverage on Coforge with outperform, target price at Rs 2,346

CLSA has initiated coverage on Coforge with an outperform rating and a target price of ₹2,346, citing its strong positioning among India’s mid-tier IT services companies. The brokerage highlighted tha...

4 days ago - Business Upturn

Bloodbath on Dalal Street: Indian stocks sink after Trump’s twin blows; 440 of 500 stocks tumble on BSE 500

Dalal Street plunged this week, with over 440 BSE 500 stocks in red, following US President Trump’s H-1B visa fee hike and new medicine tariffs. The BSE 500 dropped 3.3%, led by IT and pharma sector l...

7 days ago - The Times of India

Stocks in focus with H-1B visa fee: TCS, Infosys, Wipro may face heat as Coforge, Persistent, Mphasis see limited impact

TCS, Infosys, LTI Mindtree, and Wipro may face headwinds after Donald Trump announced a $100,000 H-1B visa fee, even as Coforge, Persistent, Mphasis, and Sasken signaled limited impact due to their of...

12 days ago - Business Upturn

Coforge clarifies H-1B visa impact; US contributes 53% of revenue in FY25 with 34,187 employees on roll

Coforge Limited has clarified its position on the recent US regulatory changes around new H-1B visa petitions. The company noted that it has steadily reduced dependence on fresh H-1B filings for proje...

13 days ago - Business Upturn

Jefferies on IT sector: Check calls, target price; prefers Coforge, Hexaware, underperform on Tech Mahindra, Wipro

On Friday, September 12, 2025, Jefferies reiterated a cautious stance on India’s IT sector, highlighting a preference for Coforge and Hexaware, while maintaining underperform ratings on Tech Mahindra ...

22 days ago - Business Upturn

Top stocks to buy today: Stock market recommendations for September 2, 2025 - check list

Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta recommends buying Coforge and BlueStar. Coforge, trading between Rs 1760-1770, shows a flag pattern breakout, targeting Rs 1880. Simil...

4 weeks ago - The Times of India

Why are Coforge shares down over 4% today despite recent multi-year deal win? Explained

Shares of Coforge Ltd fell 4.17% to Rs 1,633 on Thursday, even after the company recently secured a multi-year deal with travel technology major Sabre Corporation. The decline comes after Sabre’s Q2 2...

2 months ago - Business Upturn

Jefferies flags near-term execution risks for TCS from 2% job cuts; prefers Infosys, HCLTech, Coforge, and Mphasis

Jefferies has raised concerns over Tata Consultancy Services (TCS) following its decision to reduce its global workforce by 2% in FY26, suggesting the move could lead to execution slippages in the nea...

2 months ago - Business Upturn

Coforge shares jump nearly 3% after Bernstein maintains ‘Outperform’ rating with target price of Rs 2,038

Shares of Coforge Ltd climbed close to 3% in Friday’s trade after global brokerage Bernstein reiterated its Outperform rating on the stock, setting a target price of ₹2,038. As of 9:51 AM, the shares ...

2 months ago - Business Upturn

Bernstein maintains outperform on Coforge, sees 21.3% upside on strong Q1 revenue and travel-led growth momentum

Bernstein has maintained an Outperform rating on Coforge Ltd, assigning a target price of ₹2,038, which implies a 21.3% upside from the current market price of ₹1,680. The brokerage highlighted that C...

2 months ago - Business Upturn

Coforge shares fall nearly 4% despite strong Q1 growth; Morgan Stanley maintains overweight with Rs 1,880 target

Shares of Coforge Ltd were down 3.96% at ₹1,776.40 on the NSE at 9:17 am on Wednesday following its Q1FY26 earnings, which came largely in line with Street expectations. The stock opened at ₹1,833 and...

2 months ago - Business Upturn

Top stocks to watch today, July 24: Infosys, Tata Consumer Products, Coforge, Persistent Systems, BEML and more

A range of companies are in focus on July 24 as markets respond to corporate earnings, strategic acquisitions, fundraises, and fresh order updates. Here is a round-up of key developments that may infl...

2 months ago - Business Upturn

Q1 Results Today, 23rd July: Infosys, Dr Reddy’s, Tata Consumer, Coforge among top companies

India Inc.’s earnings season picks up pace today as several leading companies across sectors are set to announce their financial results for the quarter ended June 30, 2025 (Q1 FY26). After bellwether...

2 months ago - Business Upturn

Coforge receives NSE nod for merger with Cigniti Technologies

Coforge Limited announced on July 18, 2025, that it has received observation letters from both BSE Limited and the National Stock Exchange of India (NSE) with ‘no adverse observations’ and ‘no objecti...

2 months ago - Business Upturn

Top stocks to buy: Stock recommendations for the week starting July 7 - check list

Stock market recommendations: Motilal Oswal Financial Services recommends INOX Wind, poised to benefit from India's renewable energy push with its robust order book and expansion plans. Coforge is als...

3 months ago - The Times of India

Midcap IT cos to outpace large firms in growth

Analysts predict midcap IT firms will likely surpass large caps in the June quarter, showing steady deal signings despite economic uncertainties. While large caps, except Infosys and LTIMindtree, may ...

3 months ago - The Times of India

Coforge collaborates with Duke’s Fuqua School to advance generative AI in enterprises

Coforge Limited, a global digital services and solutions provider, has collaborated with Duke University’s Fuqua School of Business to drive the adoption of Generative AI across industries. Through th...

3 months ago - Business Upturn

Coforge denies report of acquisition talks with R Systems

Coforge Limited has officially denied reports regarding its involvement in any acquisition plans related to R Systems International. The clarification follows a news segment aired on NDTV Profit’s “In...

3 months ago - Business Upturn

R Systems shares jump 6% on reports of Coforge considering stake acquisition

Shares of R Systems International rose sharply by over 6% on Wednesday to ₹466.20, following reports that a larger IT company may be considering acquiring a significant stake in the firm. The stock op...

3 months ago - Business Upturn

Coforge eyes $2 billion revenue by FY27; Jefferies bullish on the stock with Rs 1,800 target price

Jefferies has reiterated a Buy call on Coforge, assigning a target price of ₹1,800, citing a strong growth outlook and clear visibility on deal wins. The brokerage observed that demand conditions are ...

4 months ago - Business Upturn

Motilal Oswal Midcap Fund May 2025 Portfolio: Top bets include Coforge, Persistent, Kalyan Jewellers; re-enters Zomato

Motilal Oswal Midcap Fund’s portfolio for May 2025 reveals a strategic shift with a renewed entry into Zomato (now listed as Eternal Limited), increasing its stake to 4 lakh shares — a complete re-ent...

4 months ago - Business Upturn

Coforge and Nylas partner to streamline customer engagement in Salesforce

Coforge Limited, a global digital services and solutions provider, has entered a strategic partnership with Nylas, a communications API provider, to improve customer engagement and operational workflo...

4 months ago - Business Upturn

HSBC flags cash conversion concerns in IT sector; Coforge, PSYS among weakest

HSBC has raised a red flag over the cash conversion trends in India’s IT services sector, highlighting that several companies reported a weakening in this key metric during FY25. The brokerage noted t...

4 months ago - Business Upturn