Page 3 - Coforge Ltd News
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
 "Stocks to Watch today: L&T, Tata Tech, M&M, BHEL, Hero MotoCorp, Coforge")
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")
Coforge appoints Sunil Fernandes as COO to lead delivery, AI push
Fernandes to oversee global delivery and key operations, with a mandate to scale execution and accelerate adoption of AI-native practices across engineering and internal systems
 "Coforge appoints Sunil Fernandes as COO to lead delivery, AI push")
IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key
IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance
 "IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key")
Coforge shares gain 3% in weak markets; check what's powering this IT stock
Coforge has entered into a strategic partnership with Solstice Innovations, Inc. to accelerate agentic AI-led adoption of modern core insurance technology for P&C insurers
 "Coforge shares gain 3% in weak markets; check what's powering this IT stock")
Coforge jumps 7% on RBI nod for $1 bn overseas investment in Encora deal
The buying on the counter came after the company received the Reserve Bank of India's (RBI's) approval for overseas investment of more than $1 billion for the deal with Encora