Coforge

Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.

Dividend stocks today: Here is the complete list of stocks that will remain in focus during today's trading session following their decision to reward their shareholders with dividend payouts

Coforge CEO Sudhir Singh says Advent International's board entry and the Encora acquisition will open new growth channels as deal momentum and AI-led demand stay strong

IT company Coforge on Friday said it has posted 16 per cent increase in consolidated profit at Rs 296.7 crore in the third quarter ended December 31, 2025. Coforge had posted a profit of Rs 255.9 crore in the same period a year ago, the company said in a regulatory filing. The consolidated revenue from operations of Coforge grew by 28.5 per cent to Rs 4,188.1 crore during the reported quarter, from Rs 3,258.1 crore in the December 2024 quarter. Coforge Chief Executive Officer Sudhir Singh said the company posted 5.1 per cent sequential growth in the December quarter, which is a seasonally weak quarter, along with 28.5 per cent year-on-year growth. Six large deals were signed during the period. "A 30 per cent year-on-year increase in the next 12-month executable order book, and a robust large deals pipeline, gives us the confidence of maintaining our strong and sustained growth through both FY26 and FY27. "Furthermore, the USD 2 billion core of Data, Cloud and AI-led engineering th

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Antique expects near-term moderation in technology spending in the US, given subdued consumer confidence and cautious end-demand trends

Brokerages see the acquisition as aligned with Coforge's stated ambition to shift more deeply into higher-value, AI-driven engineering services

Stocks to watch today: Traders will keep an eye on share prices of Coforge, Tech Mahindra, Lenskart Solutions, Sigachi Industries, Timex Group, Ola Electric, Ceigall India, Llyods on Monday

All-stock deal is the biggest acquisition by an Indian IT firm in ER&D space

The acquisition will be funded through a preferential issue of equity shares worth about $1.89 billion, following which Encora's shareholders are expected to own around 20% of Coforge's share capital

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.

Its top ideas to play the next AI wave are HCLTech and Tech Mahindra in largecaps and Hexaware and Coforge in the midcap space

Nomura, which termed Coforge its "top pick in the mid-cap India IT services sector," said the company is banking on a solution-led sales strategy to maintain its growth trajectory.

IMFA, LTIMindtree and Coforge among breakout buys recommended by Kunal Kamble of Bonanza on strong momentum and volume signals

Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.

Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.

Among the companies trading ex-dividend on Friday, Coforge has declared an interim dividend of ₹4 per share, with the record date set for the same day

HDFC Bank (HDFCB) reported a steady Q2FY26, with profit rising 11 per cent Y-o-Y to ₹186.4 billion, aided by healthy NII of ₹315.5 billion and strong treasury gains of ₹23.9 billion

The inextricable link between revenue and employee strength is a metric that has been used for the last three decades as a barometer of the health of the $284 billion industry

Sensex Today | Stock Market close: In the broader market, the Nifty MidCap and the Nifty SmallCap index added 0.93 per cent and 0.82 per cent respectively