Coforge Ltd News
TCS, Infosys: 8 out of 9 Nifty IT stocks trade up to 26% 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.
 "TCS, Infosys: 8 out of 9 Nifty IT stocks trade up to 26% below 200-DMA")
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.
 "Nifty IT index rebounds, up 4% after 4-day fall; Infy, TCS surge up to 5%")
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
 "AI, uncertain macros, volatile geopolitics may cloud IT earnings")
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
 "Relationship between LLM and services firms is symbiotic: Coforge CEO")
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's $5 bn growth sprint hinges on Encora acquisition, big deals")
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
 "Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh")
IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment
Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions
 "IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment")
Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains
In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.
 "Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains")
Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?
Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.
 "Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?")
Coforge reclaims 100-DMA; 5 reasons why Geojit is bullish on this IT stock
Coforge has rallied 12 per cent in the last three trading sessions. Technical analyst at Geojit highlights the formation of a higher-high on the weekly chart among key reasons.
Nifty, Bank Nifty outlook; Coforge, Divi's Labs among top stock picks
Nifty outlook for today: Option data suggests a broader trading range in between 23,200 to 24,100 zones while an immediate range between 23,400 to 23,900 levels.
 "Nifty, Bank Nifty outlook; Coforge, Divi's Labs among top stock picks")
Nifty IT extends gains for third session, up 8%; check top picks by analyst
Prashanth Tapse of Mehta Equities said that while IT stocks have seen some improvement in price, the broader fundamentals of the sector remain challenging due to relatively subdued growth expectations
 "Nifty IT extends gains for third session, up 8%; check top picks by analyst")
Nifty IT rebounds, up 4% in two days; analyst sees short-term upside
The Nifty IT index has corrected 27 per cent on a Y-T-D basis, in comparison, the Nifty 50 index has declined 9.5 per cent in the same period.
 "Nifty IT rebounds, up 4% in two days; analyst sees short-term upside")
Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company
Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50
 "Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company")
Coforge zooms 10% on solid Q4 show; analysts see up to 47% upside
Elara Capital has upgraded its rating to 'Accumulate' from 'Reduce', while Choice Institutional Equities has reaffirmed its 'Buy' rating following the Q4 results
 "Coforge zooms 10% on solid Q4 show; analysts see up to 47% upside")
Stocks to Watch today: L&T, Tata Tech, M&M, BHEL, Hero MotoCorp, Coforge
Stocks to Watch today, May 5, 2026: Marico, SRF, United Breweries, Poonawalla Fincorp, Ather Energy, and Punjab National Bank are among the top stocks to watch during today's trading session
Nifty IT dives 4% amid sharp sell-off; Infosys, LTM, Coforge worst-hit
LTIMindtree was the top loser, down nearly 6 per cent, followed by Coforge, Infosys, and Mphasis, falling over 5 per cent each
 "Nifty IT dives 4% amid sharp sell-off; Infosys, LTM, Coforge worst-hit")
Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%
IT stocks came under sharp selling pressure today after HCLTech's Q4 results and weak growth guidance.
 "Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%")
TCS, Infosys: Nifty IT falls 3% in rising market: Key reasons explained
Coforge, Infosys, Mphasis and Tata Consultancy Services (TCS) slipped over 3 per cent
 "TCS, Infosys: Nifty IT falls 3% in rising market: Key reasons explained")