NSE: COFORGE | BSE: 532541

Expensive Performer

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8630.50 163.50 (1.93%)

82.74% Gain from 52W Low

408.4K NSE+BSE Volume

NSE 29 May, 2025 3:31 PM (IST)

57,725.3

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Split

Coforge Ltd. has split the face value of its shares from ₹10 to ₹2 on 04 Jun 2025. 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.

Coforge Ltd.

23 Oct 2024

8630.50

1.93%

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%).

Coforge Ltd. has gained 67.70% in the last 1 Year

Coforge Ltd.

13 Sep 2024

8630.50

1.93%

Organic Business on strong footing, Upgrade to Buy

Buy: Coforge Ltd.

Target

Sharekhan

We upgrade Coforge to Buy with revised price target (PT) of Rs. 8,480 (valued at 40x Sept26E EPS).
At CMP, the stock trades at 48.2/36.5/30.2x its FY25/26/27E EPS.

Coforge Ltd. has gained 16.98% in the last 1 Month

Coforge Ltd.

24 Jul 2024

8630.50

1.93%

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. has gained 16.98% in the last 1 Month

Coforge Ltd.

24 Jul 2024

8630.50

1.93%

Coforge (NOT RATED): CEO indicates demand bottoming out. Tepid recovery

Not Rated: Coforge Ltd.

BOB Capital Markets Ltd.

CEO believes demand has bottomed out. Industry demand commentary turns positive for the first time in the current cycle

Coforge Ltd. has gained 67.70% in the last 1 Year

Coforge Ltd.

23 Jul 2024

8630.50

1.93%

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 above all available SMAs

Coforge Ltd.

23 Jul 2024

8630.50

1.93%

Organic business continues to do well

Neutral: Coforge Ltd.

Target

Motilal Oswal

COFORGE reported 1QFY25 revenue growth of 1.6% QoQ in CC terms, in line with our estimate. Reported revenue stood at USD291m (up 1.6% QoQ/7.2% YoY).

Coforge Ltd. has gained 67.70% in the last 1 Year

Coforge Ltd.

23 Jul 2024

8630.50

1.93%

Steady performance; one-off causes profit miss

Sell: Coforge Ltd.

Target

Emkay

Coforge reported an in-line set of results in Q1; revenue grew 1.6% QoQ (similar in cc terms), whereas adj. EBITDAM declined by 100bps to 17.9%.

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

Coforge Ltd.

23 Jul 2024

8630.50

1.93%

Coforge: Q1FY25 Result Review

Hold: Coforge Ltd.

Target

IDBI Capital

Coforge Ltd. has gained 16.98% in the last 1 Month

Coforge Ltd.

03 May 2024

8630.50

1.93%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

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