NSE: COFORGE | BSE: 532541

Expensive Performer

Download real time

1840.50 11.00 (0.60%)

78.27% Gain from 52W Low

1.4M NSE+BSE Volume

NSE 17 Jun, 2025 3:58 PM (IST)

61,551.1

Market Cap

High in industry

1.1

Beta 1Year

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.

16 May 2022, 12:00AM

1840.50

0.60%

COFORGE LTD.

Buy: Coforge Ltd.

Yes Securities

Coforge Ltd. has gained 26.20% in the last 3 Months

Coforge Ltd.

13 May 2022

1840.50

0.60%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock and assign a 24x P/E multiple to its FY24E earnings of Rs 177.8/share which gives a TP of Rs 4,200 /share. TP implies an upside of 15% from the CMP.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

13 May 2022

1840.50

0.60%

EARNINGS UPDATE- COFORGE LTD 4QFY22

Buy: Coforge Ltd.

Target

Chola Wealth Direct

Coforge Ltd. has gained 26.20% in the last 3 Months

Coforge Ltd.

13 May 2022

1840.50

0.60%

Tata Motors

Buy: Coforge Ltd.

ICICI Direct

Coforge Ltd. has gained 26.20% in the last 3 Months

Coforge Ltd.

13 May 2022

1840.50

0.60%

Coforge Ltd.

Buy: Coforge Ltd.

ICICI Direct

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

12 May 2022

1840.50

0.60%

COFORGE LIMITED

Buy: Coforge Ltd.

Target

Prabhudas Lilladhar

Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.

Coforge Ltd.

30 Jan 2022

1840.50

0.60%

Coforge Ltd.

Hold: Coforge Ltd.

Target

ICICI Securities Limited

...

Coforge Ltd. has gained 26.20% in the last 3 Months

Coforge Ltd.

28 Jan 2022

1840.50

0.60%

COFORGE LIMITED

Buy: Coforge Ltd.

Target

Prabhudas Lilladhar

Adjusted EBITDA margin to be around 20.8% in Q4 (vs 19.5% in Q3) Organic growth is healthy at +4.6% QoQ USD, 5.7% QoQ CC and contribution days in Q3. Order intake is healthy at $247 mn (29% YoY, vs FY21 average of ~$195 mn) including one large 6-year deal of $45 mn from European Public sector client. Next 12 months' executable order book is $701 Mn, +2% QoQ,...

Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.

Coforge Ltd.

28 Jan 2022

1840.50

0.60%

EARNINGS UPDATE- COFORGE LTD 3QFY22

Buy: Coforge Ltd.

Chola Wealth Direct

Background: NIIT Technologies rebranded to Coforge ltd is a leading global IT solutions organization. The Company focuses on three key verticals which are Banking and Financial Services (28% of revenues), Insurance (28% of revenues), and Travel/ Transportation (18% of revenues). The company has around 130 active clients across US (53% of revenues), EMEA (34% of revenue) and Row (13% of revenues). The Company in 3QFY22 added 13 new clients and won 1 large...

Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.

Coforge Ltd.

28 Jan 2022

1840.50

0.60%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock and assign a 28x P/E multiple to its FY24E earnings of Rs 177.8/share which gives a TP of Rs 5,060 /share. TP implies an upside of 15% from CMP.

Coforge Ltd. has gained 76.91% in the last 1 Year

Is NIIT Technologies Ltd. worth buying?

283 Votes:

Buy 72.08%

Sell 20.85%

Hold 7.07%

RESEARCH REPORTS

Sell SEE REPORTS >

pdf

Hold SEE REPORTS >

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