On the bourses, Coforge share price zoomed up to 5.98 per cent to hit an intraday high of ₹1,866 per share post Q2 results.
Consolidated net profit rose to ₹376 crore in the quarter ended Sept. 30, above analysts' average expectation of ₹371 crore, according to data compiled by LSEG
Midcap stocks BSE, 360 One Wam, Max Healthcare, Crisil and Coforge look technical weak on charts, hence may dip from current levels. Here are the key levels to track on these 5 stocks.
Valuations across IT services are currently reasonable, but a sector-wide re-rating depends on the next tech cycle and earnings upgrades
Shrikant Chouhan, head of equity research at Kotak Securities, is bullish on Coforge and M&M. Check target price, support and resistance levels here
According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis
Maddee Hegde, executive vice president and head of the company's business process service (BPS) and GCC units, told Business Standard in an interaction-Coforge is focusing in its core verticals
Even broader markets failed to trade in the green territory. The Nifty midcap 100 was trading at 58,954.15, down by 0.60 per cent.
Infosys shares fell despite analysts remaining positive after the company reported in-line first-quarter earnings
Coforge's consolidated revenue figure advanced 56.5 per cent to ₹3,688.6 crore in Q1FY26 as against ₹2,357.1 crore recorded in the first quarter of FY25.
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Growth trends across the India IT sector continue to diverge. While Tier-I companies are likely to post flat to marginal constant currency revenue movement, mid-tier firms are expected to outperform.
These rather are your next-door citizens who have the potential to over-deliver. These same also have experienced around 2.5 per cent positive earnings revisions for FY26 in May, Bernstein said
Coforge stock split: Coforge share price climbed 2 per cent on ex-date for stock split; Check more details here
Following recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors
IT stocks jumped in trade after a US federal court on Wednesday (local time) blocked President Donald Trump from imposing broad tariffs on imports under an emergency-powers law.
Coforge and Vesuvius have rallied up to 29% post announcement of stock split; technical charts suggest these 2 stocks could rally another 16% from present levels.
Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Friday, May 9, 2025
While overall FY25 order flow stood at $3.4 billion, up 75 per cent year-on-year (Y-o-Y), about $2.1 billion came in Q4 alone
Despite travel market weakness and global macroeconomic concerns, Coforge expects BFSI, insurance and Gen AI-led deals to sustain strong momentum in FY26