NSE: COFORGE | BSE: 532541

Strong Performer, Getting Expensive

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1934.30 6.30 (0.33%)

2.8M NSE+BSE Volume

NSE 15 Oct, 2026 3:31 PM (IST)

85,697

Market Cap

High in industry

Beta 1Year

Average volatility

Board Meeting

The next board meeting for Coforge is on 23 Oct 2026 for the purpose of Quarterly Results See details

Coforge Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for COFORGE, BSE:532541 Coforge Ltd.

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Coforge Ltd.

29 Sep 2026

1934.30

0.33%

Axis Punch:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

We value the company at 26x FY28E EPS, and recommend a BUY rating on the stock with a TP of Rs 1,980/share, implying an upside of 10% from the CMP.

Coforge has gained 57.09% in the last 6 Months

Coforge Ltd.

18 Sep 2026

1934.30

0.33%

Coforge (COFORGE IN) Event Update Accelerating AI stack to scale production BUY

Buy: Coforge Ltd.

Target

Prabhudas Lilladhar

Coforge (COFORGE IN) Event Update Accelerating AI stack to scale production BUY

Institutional Investors have decreased holdings from 86.84% to 66.93% in Jun 2026 qtr

Coforge Ltd.

17 Sep 2026

1934.30

0.33%

Strengthening the FDE and data layer for enterprise autonomy

Buy: Coforge Ltd.

Motilal Oswal

We attended Coforge’s (COFORGE) Enterprise Autonomy Strategy session, where discussions focused on how AI is changing enterprise software delivery and COFORGE’s approach to monetizing this shift through Nuuron (enterprise autonomy platform), Momentuum Blue (forward-deployed engineering unit), and industry-specific solutions.

Coforge has gained 57.09% in the last 6 Months

Coforge Ltd.

15 Sep 2026, 12:00AM

1934.30

0.33%

Company Update:Coforge

Buy: Coforge Ltd.

Axis Direct

Considering Coforge's business track record, we continue to maintain our BUY rating, supported by Management's commitment to business integrity, strong operational capabilities, healthy deal momentum, an AI-led growth strategy, and the Encora acquisition.

FII/FPI have decreased holdings from 30.66% to 24.31% in Jun 2026 qtr

Coforge Ltd.

15 Sep 2026, 12:00AM

1934.30

0.33%

Our takeaways from the Board of Directors call

Buy: Coforge Ltd.

Motilal Oswal

Coforge has seen two independent directors exit within four days. NonExecutive Independent Chairman Mr. O. P. Bhatt resigned with immediate effect on 8th Sep’26, followed by Independent Director and NRC Chairperson Mr. D. K. Singh on 11th Sep’26.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

14 Sep 2026

1934.30

0.33%

Two board exits; business remains on track

Buy: Coforge Ltd.

Target

Emkay

Coforge hosted a call to address the recent board exits, providing clarity on the developments surrounding the departures and the company’s plans for board reconstitution.

Coforge has gained 26.05% in the last 3 Months

Coforge Ltd.

09 Sep 2026

1934.30

0.33%

Coforge chairman resigns ahead of term end

Buy: Coforge Ltd.

Motilal Oswal

Mr. O. P. Bhatt has resigned as Non-Executive Independent Director and Chairman with immediate effect. The resignation follows observations from an internal audit of the Board Evaluation Exercise, which highlighted gaps in the evaluation process and disclosure of certain material information, including aspects related to the Chairman's performance.

Coforge has gained 57.09% in the last 6 Months

Coforge Ltd.

29 Jul 2026

1934.30

0.33%

Ticking all boxes

Buy: Coforge Ltd.

Target

ICICI Securities Limited

Coforge reported strong performance on all fronts. Notably, it: saw organic broad-based revenue growing 5.2% QoQ CC, excluding the impact of planned business exits, sustained a strong deal momentum – Q1FY27 deal TCV up 6.5% QoQ/36% YoY.

Axis Direct decreased Buy price target of Coforge Ltd. to 1980.0 on 29 Sep, 2026.

Coforge Ltd.

29 Jul 2026

1934.30

0.33%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

We maintain our BUY rating on the stock.

Coforge has gained 26.05% in the last 3 Months

Coforge Ltd.

28 Jul 2026

1934.30

0.33%

Coforge (COFORGE): Q1FY27 Result Review

Buy: Coforge Ltd.

Recommendation Target

IDBI Capital

Coforge delivered a robust Q1 FY27. Consolidated revenue came in at USD 592.2mn (+33.3% YoY), aided by the Encora acquisition, while organic growth ex-portfolio exits stood at a healthy 5.2% CC sequentially. Margins surprised positively as the consolidated EBIT margin came in at 16% and has surpassed full-year FY27 guidance of 15.5%, backed by faster than expected synergy realization (40% G&A cost-out) of Encora. The order book hit an all-time high of USD 2.23bn (+44.2% YoY), providing strong revenue visibility into FY2728. Free cash flow conversion improved sharply to 95.3% from...

FII/FPI have decreased holdings from 30.66% to 24.31% in Jun 2026 qtr

Is NIIT Technologies Ltd. worth buying?

339 Votes:

Buy 73.75%

Sell 20.06%

Hold 6.19%

RESEARCH REPORTS

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