NSE: COFORGE | BSE: 532541

Mid-range Performer

Download real time

1745.00 24.50 (1.42%)

High vol. this week

NSE 30 Jul, 2025 1:44 PM (IST)

58,374.5

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Dividend

Coforge Ltd. has an upcoming dividend of ₹4.00 per share due on 31 Jul 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.

24 Oct 2024

1745.00

1.42%

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. is trading below its 30 day SMA of 1861.0

Coforge Ltd.

23 Oct 2024

1745.00

1.42%

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 38.20% in the last 1 Year

Coforge Ltd.

13 Sep 2024

1745.00

1.42%

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 38.20% in the last 1 Year

Coforge Ltd.

24 Jul 2024

1745.00

1.42%

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 an average target of 2035.00 from 7 brokers.

Coforge Ltd.

24 Jul 2024

1745.00

1.42%

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

Sharekhan released a Buy report for Coforge Ltd. with a price target of 2100.0 on 25 Jul, 2025.

Coforge Ltd.

23 Jul 2024

1745.00

1.42%

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. average weekly volume is high.

Coforge Ltd.

23 Jul 2024

1745.00

1.42%

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. is trading below its 30 day SMA of 1861.0

Coforge Ltd.

23 Jul 2024

1745.00

1.42%

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. is trading above its 200 day SMA of 1666.9

Coforge Ltd.

23 Jul 2024

1745.00

1.42%

Coforge: Q1FY25 Result Review

Hold: Coforge Ltd.

Target

IDBI Capital

Coforge Ltd. has gained 38.20% in the last 1 Year

Coforge Ltd.

03 May 2024

1745.00

1.42%

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

Coforge Ltd. is trading above its 200 day SMA of 1666.9

Is NIIT Technologies Ltd. worth buying?

289 Votes:

Buy 72.32%

Sell 20.76%

Hold 6.92%

RESEARCH REPORTS

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