Page 6 - Coforge

Cigniti Technologies acquisition will be game changer: Coforge CEO

The company has set a target of training 40 per cent of its workforce in GenAI skills in FY25

Stock Market Highlights, May 3: Sensex plunges 733 pts, Nifty below 22,500 in broad sell-off

Stock Market highlights on May 3:24 of the 30 Sensex stocks, and 35 of the 50 Nifty stocks closed in the negative zone led by L&T, Maruti Suzuki, Reliance Industries, Nestle India, and JSW Steel

Coforge slips 10% post Q4 results, acquisition of Cigniti Technologies

The stock of Coforge is trading at its lowest level since June 2023. With today's decline, it corrected 34 per cent from its 52-week high of Rs 6,840 touched on February 19, 2024

Trading action on May 03: New highs, block deal, open offer, Q4 nos & more

All you need to know before Sensex, Nifty opens for trade on Friday, May 03: Positive global cues, Gift Nifty hint at gap-up open; Bajaj Finance, CoForge, Yes Bank in focus.

Coforge Q4 results: Profit rises 94.8%, acquires Cigniti Technologies

The dollar revenue for the fourth quarter grew 1.9 per cent sequentially in constant currency to $286.8 million, led by deal wins worth $400 million

Coforge Q4 results: Net profit up 95% at Rs 223.7 cr, revenue rises 8.7%

Coforge Q4FY24 results: The board of the company recommended an interim dividend of Rs 19 per share

Breakout stocks: CoForge, TechM, Sonata can rally up to 14%, suggest charts

The Nifty IT index as underperformed the benchmark Nifty 50 so far this year. Will the upcoming Q4 results revive sentiment at these counters? Charts suggest that these 4 IT stocks look promising.

Coforge slips 5% as board approves Rs 3,200 crore fund raise

In the past one month, the global digital services and solutions provider's stock has underperformed in the market falling by 14 per cent. In comparison, the S&P BSE Sensex was down by 0.04 per cent

Here's why shares of Coforge will be in focus on Monday, March 4

In an exchange filing dated March 2, the company said that the Board of Directors of the company has decided to not proceed with the proposed offering of American Depository Receipts

RIL, Asian Paints, Axis Bank: Key levels to watch out for post Q3 results

As stocks turn volatile post Q3 results, watch out for these key levels on the likes of ICICI Bank, Hindustan Unilever, CoForge and UltraTech Cement among others and plan your trading strategy.

40% of our FY25 investments to be in AI: Coforge CEO Sudhir Singh

The Noida headquartered company plans to invest in setting up new cloud infrastructure and AI studio at its campus

Coforge Q3 profit rises 4.3% on deal wins, maintains revenue forecast

Consolidated net profit rose to 2.38 billion rupees ($28.6 million) for the quarter ended Dec. 31 from 2.28 billion rupees a year earlier

HCL Technologies to outshine IT peers in Q3 results: Elara Securities

Q3 IT preview: Elara Securities said that added that other large firms may witness a revenue dip of 1-1.3 per cent QoQ CC given weak seasonality

Coforge, Microsoft Azure join hands for new generative AI solution

The development comes after Coforge's recent launch of Coforge Quasar, a Gen AI Platform designed to build Enterprise AI capabilities

Coforge Q2 results: Net profit declines 10% to Rs 181 cr, revenue up 16%

IT company Coforge on Thursday posted a 10 per cent year-on-year decline in consolidated net profit for the September quarter at Rs 181 crore, partly on account of a one-time increase in ESOP costs. The IT solutions company reaffirmed its 2023-24 revenue growth guidance of 13-16 per cent. Consolidated Profit After Tax (PAT) for the second quarter of the current fiscal was at Rs 181 crore, 10 per cent lower than the year-ago period. However, the PAT for the quarter was 9.5 per cent higher when compared sequentially. The net profit (attributable to owners) was Rs 201.1 crore in the year-ago period. Revenue from operations came in at Rs 2,276.2 crore in the quarter under review, rising over 16 per cent from Rs 1,959.4 crore in the corresponding period of the previous fiscal. The company attributed the 10 per cent year-on-year drop in net profit to a one-time increase in ESOP (employee stock option plan) costs in the quarter. Coforge, in a statement, said it gave all increments on ti

Stocks to Watch: Reliance, Coforge, GAIL, Vascon, Sugar stocks, P&G Health

Stocks to Watch on August 24, 2023: Coforge promoter Hulst BV is looking to offload its entire 26.63% stake in the firm via a block deal; India may ban sugar exports for the first time in 7 years

Baring PE to sell 27% stake in Coforge worth Rs 7,400 cr via block deals

Hong Kong-based Baring plans to invest $3 bn in India in the coming months

Coforge eyes $50-200 million acquisition in data analytics, cloud space

As part of its growth plans, the firm plans to hire 3,000-4,000 people by FY24-end

Stocks to watch: RIL, Infosys, HUL, Ultratech Cement, Union Bank, L&T, DLF

Stocks to watch on July 21, 2023: From Reliance Industries to Infosys, check out the top stocks to watch in Friday's trading session

Mid-cap IT services Coforge Q1 net profit rises 10% to Rs 165 crore

Mid-cap IT services company Coforge on Thursday reported a 10 per cent rise in net profit to Rs 165 crore for the first quarter of this fiscal. It had posted a net profit of Rs 149 crore in the year-ago period. The company's revenue in constant currency terms increased 18 per cent to Rs 2,221 crore from Rs 1,829 crore in Q1 FY23, according to a BSE filing. Sequentially, Coforge profit rose 43.9 per cent, while revenue grew 2.4 per cent. According to the company, its headcount increased by 1,000 employees, and attrition came down to 13 per cent. "Exceptional execution by Team Coforge in a testing environment allowed us to deliver another quarter of sustained, robust and profitable growth. During the quarter, we increased our net headcount by 1,000 employees to support future growth...and saw attrition drop down to 13.3 per cent," its Chief Executive Officer Sudhir Singh said. The firm maintained its growth guidance for the fiscal at 13-16 per cent in constant currency terms.