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 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
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
Indian IT firms derive a major portion of revenue from the US market, making them sensitive to changes in interest rate expectations and inflation trends
IT stocks to buy: ICICI Securities has upgraded Coforge to 'BUY' from 'Hold'; Mphasis to 'Buy' from 'Add', based on their attractive valuation and healthy revenue growth visibility
Coforge has won a $158-million, five-year contract from a UK-based client, effective April, as AI-led conversations drive a rise in both the number and size of large technology deals in Europe
The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
Technical stock picks by Drumil Vithlani of Bonanza: AIIL shows rebound potential near key support with 5 per cent upside target, while Coforge and Jubilant Foodworks remain in strong downtrends
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.