Name: Latest research reports of Coforge Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Coforge Ltd.
Rating: 1
Author: Dolat Capital

Coforge Ltd.

NSE: COFORGE | BSE: 532541 | ISIN: INE591G01017 | Industry: IT Consulting & Software
| Expensive Performer

7382.0000 77.00 (1.05%)

NSE May 02, 2025 15:31 PM

26.38% Fall from 52W High

Volume: 474.3K

Coforge Ltd.

23 Jul 2024

7382.00

1.05%

Results Miss; Margins to moderate due to higher M&A costs

Sell: Coforge Ltd.

Target

Dolat Capital

Coforge reported a miss on CC Rev growth of 1.6% QoQ (DE:1.9%) due to decline in BFS (-4%). Adj. EBITDA margin down 111bps QoQ to 17.9% (DE:18.1%) due to visa & onsite ramp-up (wage hike moved to Q2).

Coforge Ltd. is trading below its 50 day SMA of 7385.8