|
05 Jun 2025 |
Coforge
|
Consensus Share Price Target
|
1766.00 |
1731.89 |
- |
-1.93 |
buy
|
|
|
|
|
02 May 2024
|
Coforge
|
Emkay
|
1766.00
|
5200.00
|
4985.70
(-64.58%)
|
Target met |
Sell
|
|
|
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).
|
|
02 Apr 2024
|
Coforge
|
Sharekhan
|
1766.00
|
7670.00
|
5662.60
(-68.81%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2024
|
Coforge
|
Motilal Oswal
|
1766.00
|
6600.00
|
6201.60
(-71.52%)
|
Target met |
Neutral
|
|
|
|
|
23 Jan 2024
|
Coforge
|
Axis Direct
|
1766.00
|
6905.00
|
6201.60
(-71.52%)
|
Target met |
Buy
|
|
|
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.
|
|
11 Nov 2023
|
Coforge
|
Axis Direct
|
1766.00
|
5655.00
|
5139.00
(-65.64%)
|
Target met |
Buy
|
|
|
We recommend a Buy the stock for a target price of Rs 5655/ implying an upside of 10% from CMP
|
|
20 Oct 2023
|
Coforge
|
Axis Direct
|
1766.00
|
5615.00
|
5000.10
(-64.68%)
|
Target met |
Buy
|
|
|
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.
|
|
19 Oct 2023
|
Coforge
|
Sharekhan
|
1766.00
|
6200.00
|
5000.10
(-64.68%)
|
Target met |
Buy
|
|
|
|
|
24 Aug 2023
|
Coforge
|
Sharekhan
|
1766.00
|
6200.00
|
5256.20
(-66.40%)
|
Target met |
Buy
|
|
|
|
|
22 Jul 2023
|
Coforge
|
Bonanza
|
1766.00
|
5100.00
|
4640.30
(-61.94%)
|
Target met |
Buy
|
|
|
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.
|
|
21 Jul 2023
|
Coforge
|
BOB Capital Markets Ltd.
|
1766.00
|
4830.00
|
4640.30
(-61.94%)
|
Target met |
Hold
|
|
|
Q1 revenue in line at US$ 272mn led by BFSI but EBIT margin at 10% fell short of estimates
|