NSE: COFORGE | BSE: 532541

Strong Performer, Getting Expensive

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1908.70 -1.50 (-0.08%)

Near 52W High of ₹2005.36

1.4M NSE+BSE Volume

NSE 28 Nov, 2025 3:31 PM (IST)

63,921.7

Market Cap

High in industry

Beta 1Year

Very High Volatility

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.

02 May 2024

1908.70

-0.08%

Weak operating performance; Cigniti acquisition to support FY27 goals

Sell: Coforge Ltd.

Recommendation Target

Emkay

Coforge posted weak Q4 results – revenue and margin both missed estimates. Deal intake grew >2x in Q4, QoQ and YoY, on the back of a large renewal deal (USD400mn TCV; 6Y tenure).

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

02 Apr 2024

1908.70

-0.08%

COFORGE LTD.

Buy: Coforge Ltd.

Target

Sharekhan

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

23 Jan 2024

1908.70

-0.08%

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. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

23 Jan 2024

1908.70

-0.08%

Retaining FY24 guidance implies a strong 4Q exit

Neutral: Coforge Ltd.

Target

Motilal Oswal

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

11 Nov 2023

1908.70

-0.08%

Pick of the Week:13 Nov 2023

Buy: Coforge Ltd.

Target

Axis Direct

We recommend a Buy the stock for a target price of Rs 5655/ implying an upside of 10% from CMP

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

20 Oct 2023

1908.70

-0.08%

Result Update:Coforge

Buy: Coforge Ltd.

Recommendation Target

Axis Direct

We recommend a BUY rating on the stock and assign a 24x P/E multiple to its FY25E earnings of Rs 238.7/share to arrive at a TP of Rs 5,615/share, implying an upside of 10% from the CMP.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

19 Oct 2023

1908.70

-0.08%

COFORGE LTD.

Buy: Coforge Ltd.

Sharekhan

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

24 Aug 2023

1908.70

-0.08%

COFORGE LTD.

Buy: Coforge Ltd.

Target

Sharekhan

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

22 Jul 2023

1908.70

-0.08%

Strong revenue growth; deal wins remain strong

Buy: Coforge Ltd.

Bonanza

Coforge reported decent set of results. Growth was strong (up 2.7% QoQ cc) - with all verticals growing QoQ. Order intake was highest ever at US$ 531mn with sixth consecutive quarter of US$ 300mn+ TCV.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

21 Jul 2023

1908.70

-0.08%

Result Update:Coforge

Hold: Coforge Ltd.

Recommendation Target

Axis Direct

Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we maintain our Hold recommendation on the stock.

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Is NIIT Technologies Ltd. worth buying?

306 Votes:

Buy 72.88%

Sell 20.59%

Hold 6.54%

RESEARCH REPORTS

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Hold SEE REPORTS >

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