Coforge Ltd. News and Updates

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

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

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Coforge Ltd.

29 Nov 2024

1570.20

-1.33%

Why IT services firms don't offer full-year guidance but set lofty revenue goals

livemint

LTIMindtree aims for $10 billion in revenue by 2032, joining peers like Coforge and Sonata in setting lofty goals. But shares decline, raising doubts about investor confidence in such aspirations amid uncertainties.

Coforge Ltd. has lost -13.94% in the last 1 Week

Coforge Ltd.

27 Nov 2024

1570.20

-1.33%

How stock market darling Coforge went from laggard to industry-beating growth

livemint

Sudhir Singh and his team have made IT services company Coforge a champion in niche plays. But at the next level, it will face competition from top-tier companies such as Wipro, mid-tier contenders such as LTIMindtree and TechM, as well as global challengers. Can it continue to deliver?

Coforge Ltd. has lost -13.94% in the last 1 Week

Coforge Ltd.

23 Nov 2024

1570.20

-1.33%

F&O Query: Should you hold Coforge futures short?

Business Line

We suggest exiting the trade now, and going long on Coforge December futures

Coforge Ltd. is trading below all available SMAs

Coforge Ltd.

25 Oct 2024, 07:30AM

1570.20

-1.33%

F&O Query: Should you hold or exit Coforge futures long?

Business Line

Coforge Ltd. is trading below all available SMAs

Coforge Ltd.

24 Oct 2024, 11:18AM

1570.20

-1.33%

Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?

Economic Times

Coforge shares rose 14%, reaching a 52-week high after reporting a strong quarterly profit. Analysts maintain positive ratings, with target prices ranging from Rs 8,480 to Rs 10,000.

Coforge Ltd. has lost -13.94% in the last 1 Week

Coforge Ltd.

24 Oct 2024

1570.20

-1.33%

Coforge To Achieve $2-Billion Revenue Target Faster Than Expected, Says CEO Sudhir Singh

NDTV Profit

On whether there was a timeline for achieving the $2-billion target, Singh said, We haven't put a time frame out there in the market and I would avoid that.

Coforge Ltd. is trading below all available SMAs

Coforge Ltd.

24 Oct 2024

1570.20

-1.33%

Robust quarter, maintain BUY

Buy: Coforge Ltd.

Target

Sharekhan

Coforge reported revenue of $369.4 million, up 26.8% q-o-q/32.8% y-o-y. Organic revenue stood at $309.8 million, up 5.5% q-o-q in constant currency terms, beating our estimate of $305.9 million.

Coforge Ltd. has lost -13.94% in the last 1 Week

Coforge Ltd.

24 Oct 2024

1570.20

-1.33%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock.

Coforge Ltd. is trading below all available SMAs

Coforge Ltd.

23 Oct 2024

1570.20

-1.33%

Coforge Q2FY25 results: Net profit rises nearly 12% to Rs 202.3 crore

Business Standard

IT solutions company Coforge reported an 11.7 per cent year-on-year increase to Rs 202.2 crore in consolidated net profit for the quarter ended in September. It had posted a net profit (attributable to owners of the company) of Rs 181 crore in the year-ago period, according to a stock exchange filing. Revenue from operations for the quarter under review stood at Rs 3,062.3 crore, a 34.5 per cent rise from Rs 2,276.2 crore in Q2 FY24. Its profit and revenue jumped 51.8 per cent and 27.5 per cent, respectively. The Noida-headquartered firm added 5,871 staff during the quarter, including 4,430 from its acquisition of Cigniti. This brings its total employee count to 32,483. "The growth and the margin expansion at Cigniti are a preview of sustained growth and further increases in margin to follow. We have operationally fully integrated the Cigniti team and the synergies have exceeded even our expectations," said Sudhir Singh, CEO and Executive Director, Coforge. The company's board ..

Coforge Ltd. has an average target of 2035.00 from 7 brokers.

Coforge stock zooms 9% on strong Q2FY25 results, bulging order book

Business Standard | 23 Oct 2024 2 more

Coforge Ltd.

23 Oct 2024

1570.20

-1.33%

A blazing quarter

Buy: Coforge Ltd.

Recommendation Target

Motilal Oswal

COFORGE reported 2QFY25 organic revenue growth of 6.3% QoQ in USD terms, above our estimate of 4.3%. It reported an organic CC QoQ growth of 5.5% (consol. CC QoQ growth of 26.3%).