Coforge Limited (NSE:COFORGE)
India
· Delayed Price · Currency is INR | Market Cap | 542.29B |
| Revenue (ttm) | 111.40B |
| Net Income (ttm) | 7.75B |
| Shares Out | 66.87M |
| EPS (ttm) | 118.97 |
| PE Ratio | 68.16 |
| Forward PE | 41.87 |
| Dividend | 76.00 (0.94%) |
| Ex-Dividend Date | Jan 30, 2025 |
| Volume | 503,617 |
| Average Volume | 757,232 |
| Open | 8,172.45 |
| Previous Close | 8,107.60 |
| Day's Range | 8,024.50 - 8,250.00 |
| 52-Week Range | 4,287.25 - 10,027.00 |
| Beta | 0.67 |
| RSI | 59.86 |
| Earnings Date | May 5, 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]
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 StatementsNews
Coforge and Microsoft strengthen collaboration to boost developer productivity
Coforge Limited (NSE: COFORGE), a global digital services provider, has strengthened its collaboration with Microsoft to enhance AI-integrated developer productivity. As part of its AI-first approach,...
Coforge partners with HFS Research to launch GenAI scaling blueprint
Coforge Limited has teamed up with HFS Research to unveil a comprehensive blueprint aimed at helping enterprises scale Generative AI (GenAI) adoption beyond the pilot stage. The report, titled “Breaki...
Jefferies sees mixed signals for Indian IT from Accenture Q2; prefers Infosys, TCS, and Coforge
Jefferies has delivered a balanced outlook on Indian IT services after reviewing Accenture’s Q2FY25 performance. The brokerage acknowledged healthy revenue growth in the quarter, with strong momentum ...
Nomura cautious on Indian IT services; sees growth bottoming out in FY25, prefers Infosys and Coforge
Nomura has taken a cautious view on Indian IT services following Accenture’s Q2FY25 earnings, citing concerns around US federal contracts and rising macroeconomic uncertainty. The brokerage noted that...
Morgan Stanley Focus List: Adds Coforge, InterGlobe Aviation; removes Infosys, M&M, highlights financials, consumer, and industrials
Morgan Stanley has made key changes to its Focus List, adding Coforge and InterGlobe Aviation, while removing Infosys and Mahindra & Mahindra (M&M) to accommodate the new additions. The brokerage’s la...
Coforge shares drop 2% as Morgan Stanley cuts target to Rs 9,400
Coforge Ltd saw a 2% decline in share price after global brokerage firm Morgan Stanley cut its target price to ₹9,400 from ₹11,500, while maintaining an ‘Overweight’ rating. As of 10:04 AM, the shares...
IT sector stocks: Morgan Stanley sees downside risks, downgrades Infosys, trims targets on TCS, Coforge, HCL Tech
Morgan Stanley has raised concerns over the IT sector, citing a shifting macroeconomic environment and evolving technology landscape as key risk factors. The brokerage noted that revenue growth and va...
Coforge expands collaboration with ServiceNow to launch GenAI Center of Excellence
Coforge Limited (NSE: COFORGE), a leading global digital services provider, has strengthened its partnership with ServiceNow, a renowned AI-driven business transformation platform. As part of this col...
Coforge share price: Morgan Stanley, IIFL bullish; expect up to 51.5% upside on stock split, acquisitions, and $1.56 bn deal win
Morgan Stanley has maintained an ‘overweight’ rating on Coforge, with a target price of ₹11,500, implying a 51.5% upside from the current market price (CMP) of ₹7,590.00. Separately, IIFL Finance has ...
Stocks to Watch: Coforge, Reliance, Nykaa, PVR, Indigo, Adani Ports on Brokerage Radar today, March 7, 2025
Leading brokerage firms have released their latest recommendations, highlighting key stocks to watch based on upgrades, target price revisions, and sector insights. Top Buy and Upgrade Calls: Coforge:...
IT Stocks: Coforge surges 9.12%, Persistent up 3.77% as tech stocks rally; Nifty gains 160 points
Tech stocks witnessed strong buying momentum in early market trade, with Coforge soaring 9.12% to ₹7,869.90 and Persistent Systems rising 3.77% to ₹5,347.50. The uptrend was further supported by Oracl...
Coforge shares jump 6% after securing $1.56 billion multi-year deal with Sabre Corporation; Kotak upgrades stock to ‘Buy’ with Rs 9,000 target
Shares of Coforge Limited surged 6% on Tuesday after the company announced a $1.56 billion multi-year partnership with Sabre Corporation, a leading global travel technology provider. The collaboration...
Kotak upgrades Coforge to Buy after large deal, target price for stock now at Rs 9,000
Kotak Institutional Equities has upgraded Coforge to ‘Buy’, setting a target price of ₹9,000 following the company’s announcement of a major 13-year contract with Sabre, valued at $1.56 billion in tot...
Jefferies raises target price for Coforge to Rs 10,350 after company announces its largest deal
Jefferies has reaffirmed its ‘Buy’ rating on Coforge, elevating the target price to ₹10,350. This revision follows Coforge’s announcement of its largest-ever deal, valued at $1.6 billion, which enhanc...
Sabre Corp (SABR) Strengthens Partnership with Coforge to Accelerate AI-Driven Innovations
Sabre Corp (SABR) Strengthens Partnership with Coforge to Accelerate AI-Driven Innovations
Coforge secures $1.56 billion strategic partnership with Sabre to accelerate AI-driven travel solutions
Coforge Limited, a leading global digital services provider, has entered into a multi-year $1.56 billion partnership with Sabre Corporation, a global travel technology leader, to accelerate product in...
Stocks to watch today on Feb 28: Coforge, Chola Fin, Thermax, Jubilant Food, CG Consumer Electricls and Coal India in focus on brokerage reports
Several brokerage firms have issued positive ratings and target price upgrades for key stocks, making them the top picks to watch today. Here’s a detailed overview of the latest recommendations: Jeffe...
Coforge share price: Jefferies maintains ‘buy’ rating with target price of Rs 10,100; sees attractive valuation after 22% fall
Jefferies has maintained its ‘buy’ rating on Coforge stock with a target price of ₹10,100, highlighting the attractive valuation following a recent 22% decline. According to Jefferies, Coforge’s stock...
Top stocks to watch today on February 27: RailTel, Tata Power, Waaree Energies, Coforge, Adani Green and more
If you’re unsure about which stocks to monitor before the market opens, there’s no need to stress! Here’s a detailed roundup of the latest stock market updates to help you kick off your day. Keep a cl...
Coforge Board to consider share split on March 4
Coforge Limited has announced that its Board of Directors will meet on March 4, 2025, to discuss a proposal for the sub-division or split of its existing equity shares. The company disclosed this in a...
Stocks to watch today on 21 Feb: Crompton Greaves Consumer, Coforge, ISGEC, Tata Steel, Vedanta in tech, metal and consumer electronics sector
The technology and consumer electronics sector continues to evolve with companies launching innovative products and pursuing strategic acquisitions. Investors should focus on the following stocks: Cro...
Jefferies: Rupee depreciation to benefit IT stocks; prefers Infosys, LTIM, TCS
Jefferies believes that the 1-3% depreciation in INR against USD, EUR, and GBP will benefit Indian IT companies, particularly LTIMindtree, Wipro, Sagility, and Coforge, which have higher exposure to t...
Coforge and Intellect Design Arena join hands to transform global banking and financial services
Coforge, a prominent digital services and solutions provide, has recently informed exchanges that the company entered into a strategic alliance with Intellect Design Arena. This collaboration integrat...
Top stock recommendations for the week starting January 27
Motilal Oswal Financial Services Ltd recommends Coforge and Persistent Systems as top stock picks for the week. Coforge demonstrates strong revenue growth, driven by partnerships and rising demand. Pe...
Nomura cuts target price for Coforge after Q3FY25 results; check new price
Nomura retains a ‘Buy’ rating on Coforge, with a marginal revision of the target price to ₹10,250 from ₹10,280. The brokerage has adjusted its FY25-27 EPS estimates by 0-6% to account for higher ESOP ...