Coforge Ltd. News and Updates

Name: Latest research reports of Coforge Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Coforge Ltd.
Rating: 5
Author: Chola Wealth Direct

Keep track of all breaking news on Coforge Ltd. from all sources in a single place.

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Coforge Ltd.

08 May 2017

8424.00

1.91%

NIIT Technologies Rallies Over 7%, Hits 52-Week High Post-Q4 Earnings

NDTV Profit

NIIT Tech's total income from operations rose 26 per cent on a year-on-year basis to Rs 458.50 crore from Rs 364.86 crore.

Coforge Ltd. has an average target of 8177.38 from 8 brokers.

Coforge Ltd.

05 Apr 2017

8424.00

1.91%

NIIT Technologies Limited

Business Line

NIIT Technologies has received 41.9 crore from a government entity as part-payment towards a settlement agreement to resolve certain project issues. However, the company has not dislosed the project...

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

01 Apr 2017

8424.00

1.91%

NIIT Technologies: IT's on a rebound

Business Line

Healthy order wins and promising digital business should pay off

Coforge Ltd. has an average target of 8177.38 from 8 brokers.

Coforge Ltd.

18 Jan 2017

8424.00

1.91%

EEARNINGS UPDATE - NIIT TECHNOLOGIES

Buy: Coforge Ltd.

Target

Chola Wealth Direct

Background: NIIT Technologies a leading global IT solutions organization. In 3QFY17: Revenue share by service mix: Application Development & Maintenance (67%), System integration & Package implementation (4%), Managed service (17%), IP assets (7%) & BPO (5%) segments. Vertical mix: BFSI (42%), Transportation (32%), Manufacturing, Med & others (26%). Geography mix: America (48%), EMEA (34%), and ROW (18%). Company has total headcount of...

Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.

Coforge Ltd.

18 Jan 2017

8424.00

1.91%

NIIT Technologies

Hold: Coforge Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NIIT Tech reported in line dollar revenue growth while margins surprised on the upside by ~70 bps. US$ revenues declined 0.4% QoQ to $102.7 million, in line with our $102.3 million estimate In rupee terms, rupee revenues grew 0.1% QoQ to | 692.2 crore, above our 0.3% QoQ decline and | 689.5 crore estimates At 16.9%, EBITDA margins grew 70 bps QoQ and were above our 16.2% estimate led by higher revenues from offshore...

Coforge Ltd. has gained 85.76% in the last 1 Year

Coforge Ltd.

17 Jan 2017

8424.00

1.91%

NIIT Tech's Q3 net profit falls 10% to Rs62 crore

livemint

NIIT Tech's revenues grew 2% to Rs693.8 crore in third quarter from Rs680.2 crore in the October-December 2015 quarter

BOB Capital Markets Ltd. decreased Sell price target of Coforge Ltd. to 6202.0 on 06 May, 2025.

Coforge Ltd.

28 Oct 2016

8424.00

1.91%

NIIT Tech chief: There are enough pent-up opportunities in UK

Business Line

Earlier this month IT firm NIIT Technologies reported a fall in net profit, largely due to its UK business, which the firm warned would be under pressure for the remainder of 2016. But its CEO Arvind...

Coforge Ltd. has an average target of 8177.38 from 8 brokers.

Coforge Ltd.

18 Oct 2016

8424.00

1.91%

NIIT Technologies

Hold: Coforge Ltd.

Target

ICICI Securities Limited

In rupee term, rupee revenues grew 3.3% QoQ to | 691.3 crore, in line with our 3.2% QoQ increase and | 690.3 crore estimates (average rupee realised: 66.86 vs. 66.96 assumed) At 16.2%, EBITDA margins grew 90 bps QoQ, largely in line with our 16.5% estimate led by higher revenues & lower SG&A; expenses Reported profit of | 59.6 crore was below our | 65 crore estimate due to increase in provision of tax (24.2% of PBT vs. 10.3% in Q1) Q3 expected to be soft but H2FY17E expected to be better...