Coforge Ltd News

Coforge, OFSS defy ₹6 trillion rout in IT stocks, rally up to 59% YTD

Analysts believe stronger earnings visibility and company-specific growth drivers have managed to drive this outperformance.

Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

As AI changes pricing, IT firms see uptick in outcome-based deals

AI is pushing Indian IT companies towards outcome-based pricing, with newer deals increasingly linking payments to measurable business results

Coforge surges 31% in 4 weeks, hits 8-month high; what's driving IT stock?

Coforge Share : Axis Securities expects deal ramp-ups, AI monetisation and Encora synergies to drive sustained earnings growth for Coforge. It maintained a 'Buy' rating with a target price of ₹2,050.

IT sector Q1FY27 review: Tier-2 firms lead revenue growth amid soft demand

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Nifty IT slips 4%; Persistent, Mphasis plunge 5%; why are tech stocks down?

Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

Nifty IT surges 3%, climbs nearly 10% in a week: What's fueling the rally?

The Nifty IT index rebounded over 21 per cent after hitting its 52-week low of 25,699.10 on July 1, 2026.

Coforge Q1 results: Net profit up 63.7% at ₹519 crore, revenue rises 49%

The IT services firm reported robust Q1 earnings, driven by Encora integration and strong healthcare and insurance growth, while maintaining strong AI-led deal momentum

Coforge soars 7%, Nifty IT index jumps 3%; what's driving the rally?

Thus far in the month of July, the Nifty IT index rallied 15 per cent, as compared to 0.6 per cent rise in the Nifty 50.

Coforge shares gain 3% on bagging $230-mn AI transformation deal in Europe

The buying interest in the stock came after the company announced a five-year contract worth over $230 million for an AI-led transformation engagement with a major client in Europe

Coforge bags $230 million AI transformation deal from European client

The five-year contract is among the company's largest AI-led transformation engagements in Europe and underscores rising enterprise spending on AI-driven digital modernisation

Coforge secures $230 mn AI transformation contract with European client

The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange ​filing

Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%

In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

Nifty IT index rebounds, up 4% after 4-day fall; Infy, TCS surge up to 5%

In the past 20 trading days, the Nifty IT index tanked 17 per cent, as against a 2.2 per cent rise in the Nifty 50 till Wednesday.

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

Relationship between LLM and services firms is symbiotic: Coforge CEO

Coforge aims to reach $5 billion in revenue within four years, banking on AI-driven demand while viewing LLM firms as partners rather than competitors

IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why

Fed decision, weak US cues: At 10:18 AM on Thursday, the Nifty IT index was the top sectoral loser, down 1 per cent, as against a 0.10 per cent rise in the Nifty 50.

Coforge's $5 bn growth sprint hinges on Encora acquisition, big deals

Coforge aims to double revenue to $5 billion by FY30, banking on Encora integration, large deals and AI-led growth to sustain momentum

Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh

The mid-tier IT firm plans to drive growth through large deals, AI investments, acquisitions and expansion in healthcare, public-sector and GCC businesses