Coforge Ltd share price logo

Coforge Ltd Share Price

(COFORGE)

₹64662.36%

as on 04:02PM, 15 Apr 2025

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Coforge Performance

  • Day's Low

    Day's High

    ₹6,335
    Day's Price Range
    ₹6,525
  • 52 Week's Low

    52 Week's High

    ₹4,287.25
    52-Week Price Range
    ₹10,026.8
1 Month Return-14.23 %
3 Month Return-26.41 %
1 Year Return+ 17.06 %
Previous Close₹6,316.65
Open₹6,416.00
Volume5.58L
Upper Circuit₹6,948.50
Lower Circuit₹5,685.50
Market Cap₹42,245.03Cr

Coforge Fundamentals

P/E Ratio

52.76

PEG Ratio

9.35

Market Cap

₹42,245.03 Cr

P/B Ratio

10.26

EPS

135.21

Dividend Yield

1.38

Sector

IT - Software

ROE

33.46

Coforge Analyst Rating

based on 31 analysts

BUY

67.74%

Buy

9.68%

Hold

22.58%

Sell

Based on 31 analysts offering long term price targets for Coforge. An average target of ₹8797.84

Source: S&P Global Market Intelligence

Coforge Share analysis

Coforge price forecast by 31 analysts

Upside of39.28%

High

₹12000

Target

₹8797.84

Low

₹5220

Coforge target price ₹8797.84, a slight upside of 39.28% compared to current price of ₹6466. According to 31 analysts rating.

Source: S&P Global Market Intelligence

Key events for Coforge Ltd

  • Jefferies Cuts Target Price for Coforge - 09 Apr, 2025

    Jefferies has reduced its target price for Coforge from ₹10,350 to ₹7,860 while maintaining a Buy rating, amid concerns over IT sector outlook.
  • Coforge Reports Strong Q3 FY25 Performance - 07 Apr, 2025

    Coforge Ltd reported a robust 40.3% year-on-year revenue growth in Q3 FY25, reaching ₹3,318.2 crore. EBITDA increased by 29.3%, and the company secured four large deals, boosting its order book to $1.37 billion.
  • Coforge Faces Market Pressure Despite Acquisition Success - 04 Apr, 2025

    Coforge completed its acquisition of Rythmos Inc. but faced significant share price declines due to external market pressures, including tariffs and revenue concerns for IT companies.
  • Coforge Shares Decline Amid Market Volatility - 03 Apr, 2025

    Coforge shares experienced significant declines, falling 7.7% and 7.28% in a single day. JPMorgan identified it as a potential recovery play amid broader IT sector challenges.
  • Coforge Shares Decline Amid Increased Trading Activity - 01 Apr, 2025

    Coforge Ltd shares fell significantly on April 1, 2025, with a 3.91% drop to Rs 7,791.85, followed by a 4.11% decline amid rising trading volumes, indicating investor concern and a shift in sentiment.
  • Coforge Shares Targeted for Rs 9,000 by Kotak - 30 Mar, 2025

    Coforge Ltd receives a bullish outlook from Kotak Institutional Equities, predicting shares could reach Rs 9,000 in a year. Factors include strong deal pipelines and a focus on profitable growth. The company reported a 10% growth in adjusted net profit for the December quarter, despite a dip in profit attributable to owners. An interim dividend of Rs 19 per share has been recommended.
  • Coforge Faces Significant Tax Demand Over Dispute - 29 Mar, 2025

    Coforge Limited has received a ₹184.98 crore tax demand from the Income Tax Department due to transfer pricing discrepancies. The company disputes the claim, asserting its profit margins do not match the tax authority's calculations. Coforge is confident in resolving the issue without major financial impact and is working with tax advisors.
  • Coforge Partners with Microsoft to Enhance Productivity - 27 Mar, 2025

    Coforge Limited has strengthened its collaboration with Microsoft, training over 10,000 developers on GitHub Copilot to improve developer productivity and modernize legacy applications. The company has achieved the Accelerate Developer Productivity with Microsoft Azure specialization, emphasizing its commitment to AI-driven solutions.
  • Coforge Secures Major Deal with Sabre Corp - 26 Mar, 2025

    Coforge Ltd has entered into a significant 13-year agreement worth $1.56 billion with Sabre Corp, focusing on software product delivery, enhancing its market position.
  • Coforge Releases GenAI Report and Board Meeting Announcement - 22 Mar, 2025

    Coforge Ltd partnered with HFS Research to release a report on Generative AI challenges. Additionally, a Board meeting is scheduled for May 5, 2025.
  • Coforge Maintains Preference Amid Market Caution - 21 Mar, 2025

    Nomura has expressed a preference for Coforge and Infosys despite rising caution regarding US federal contracts, as Indian IT stocks face pressure from Accenture's earnings.
  • Morgan Stanley Highlights Coforge's Growth Potential - 17 Mar, 2025

    Morgan Stanley has added Coforge to its Focus List, emphasizing its scalability, strong management, and large deal momentum. Analysts suggest recent underperformance presents a favorable entry point.
  • Coforge Positioned for Strong Growth, Says Morgan Stanley - 13 Mar, 2025

    Morgan Stanley maintains a bullish outlook on Coforge, highlighting its domain expertise and growth potential. The brokerage expects Coforge to lead in revenue growth among midcap IT firms, with price targets ranging from Rs 4,750 to Rs 11,850 based on varying growth scenarios.
  • Coforge Target Price Cut by Morgan Stanley - 12 Mar, 2025

    Morgan Stanley has reduced Coforge's target price to ₹9,400 from ₹11,500 while maintaining an Overweight rating, citing long-term growth potential despite a 2% share price drop.
  • Coforge Experiences Stock Fluctuations Amid Growth Announcements - 11 Mar, 2025

    Coforge shares faced volatility, dropping significantly on the Nifty IT index. Despite this, the company reported impressive growth and plans for an interim dividend and stock split.

Insights on Coforge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 133.2 Cr → 215.5 Cr (in ₹), with an average increase of 20.2% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, COFORGE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 17 quarters, 1.19K Cr → 3.37K Cr (in ₹), with an average increase of 6.1% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, COFORGE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 42.09% to 42.55% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 35.52% to 35.80% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, COFORGE stock has moved down by -14.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.75% to 9.59% in Dec 2024 quarter

Coforge Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹2,323.30Cr (-)₹2,358.50Cr (↑1.52%)₹2,400.80Cr (↑1.79%)₹3,062.30Cr (↑27.55%)₹3,318.20Cr (↑8.36%)
Net Income₹242.80Cr (-)₹229.20Cr (↓5.60%)₹139.30Cr (↓39.22%)₹233.60Cr (↑67.70%)₹255.90Cr (↑9.55%)
Net Profit Margin10.45% (-)9.72% (↓6.99%)5.80% (↓40.33%)7.63% (↑31.55%)7.71% (↑1.05%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,264.10Cr (-)₹3,255.60Cr (↑43.79%)₹3,814.10Cr (↑17.16%)₹4,519.30Cr (↑18.49%)
Total Liabilities₹459.00Cr (-)₹1,049.50Cr (↑128.65%)₹1,198.80Cr (↑14.23%)₹1,207.10Cr (↑0.69%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹227.90Cr (-)₹485.00Cr (↑112.81%)₹388.70Cr (↓19.86%)₹75.80Cr (↓80.50%)₹295.30Cr (↑289.58%)

Coforge Index Inclusions

Nifty Midcap 100

₹51,974.45

2.92 (1472.95%)

BSE 200

₹10,556.75

2.46 (253%)

BSE Mid-Cap

₹41,489.86

3.02 (1215.62%)

BSE IT Sector

₹32,889.38

1.83 (590.12%)

S&P BSE MidCap Select

₹15,027.32

2.97 (433.65%)

Nifty Midcap Sel

₹11,540.80

2.8 (314.5%)

Nifty Midcap 50

₹14,660.90

2.75 (393%)

BSE Tech

₹16,407.95

1.88 (302.85%)

S&P BSE 250 LargeMidCap

₹9,988.10

2.46 (239.95%)

Nifty MidSmallcap 400

₹17,768.15

3.04 (524.35%)

NIFTY IT

₹33,275.30

1.63 (534.45%)

Nifty Midcap 150

₹19,178.50

3.03 (564.35%)

S&P BSE 150 MidCap

₹14,446.90

3 (421.13%)

Nifty 200

₹12,931.70

2.44 (307.85%)

Nifty Midcap Liquid 15

₹13,123.45

3.78 (477.65%)

BSE 500

₹33,482.62

2.5 (816.51%)

Nifty 500

₹21,279.40

2.54 (526.55%)

S&P BSE 400 MidSmallCap

₹10,821.25

2.96 (310.6%)

Nifty LargeMidcap 250

₹14,800.55

2.69 (387.6%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Coforge Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
42.55%
1.09
Mutual Funds
35.8%
0.77
Retail Investors
9.59%
-1.60
Others
12.06%
-4.55

Coforge Key Indicators

Details20202021202220232024
Earning Per Share (₹)74.8276.9117.36121.95135.21
Details20202021202220232024
Return On Equity %18.6912.6932.1430.3933.46
Details20202021202220232024
Return On Assets %18.8220.1220.3218.1917.88
Details20202021202220232024
Book Value Per Share (₹)383.44406.95448.78504.5586.83

Coforge Valuation

Coforge in the last 5 years

  • Overview

  • Trends

Lowest (12.30x)

March 23, 2020

Industry (30.45x)

April 11, 2025

Today (52.76x)

April 11, 2025

Highest (80.99x)

January 2, 2025

LowHigh

Coforge Earnings and Dividends

  • Coforge Ltd Earnings Results

    Coforge Ltd’s net profit fell -9.45% since last year same period to ₹215.50Cr in the Q3 2024-2025. On a quarterly growth basis, Coforge Ltd has generated 6.58% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Coforge Ltd Dividends January,2025

    In the quarter ending December 2024, Coforge Ltd has declared dividend of ₹19 - translating a dividend yield of 1.18%.

    Read More about Dividends

Coforge Technicals Summary

Bearish

Neutral

Bullish

Bearish

Coforge Ltd is currently in a Bearish trading position according to technical analysis indicators.

Coforge Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹42,245.03 Cr95.66%0.57₹835 Cr₹9,179 Cr
BUY₹21,096.22 Cr103.13%0.50₹297 Cr₹1,842 Cr
SELL₹29,597.73 Cr109.48%0.55NANA
HOLD₹70,827.59 Cr339.93%0.52₹1,093 Cr₹9,821 Cr
HOLD₹43,752.14 Cr48.03%0.56₹1,306 Cr₹9,647 Cr

About Coforge

Coforge Limited is a leading provider of Information Technology solutions, offering Application Development and Maintenance, Managed Services, Cloud Computing, and Business Process Outsourcing to organizations across various sectors. Incorporated in 1992 as NIIT Technologies Limited, the company has evolved into a world class business, maintaining ISO 27001 standards and SEI CMMI Level 5 Version 1.2 certification. It has development centres around the world from New Delhi to London and Singapore. In 2002, NIIT Technologies became its own entity with restructuring and shortly after entered the Managed Services space. In 2008, the company launched its unique Fleet Management System and received numerous awards, including the ‘Banking and Finance ICT Innovation Award for Belgium/Luxembourg’. In 2015, Coforge Limited expanded into Latin America and Ireland, opened a Delivery Centre in Greater Noida and acquired a majority stake in Incessant Technologies. Over the years, the company has been enhancing its portfolio of services, offering Value Added Application Services in Software as a Service mode and investing in its advanced analytics platform. Some of the notable milestone projects include a Rs. 3440 million contract with the Airports Authority of India, setting up state-of-the-art Airport Operations Control Centers across 10 cities, and a multi-year contract with the national airline of Ireland. In 2021, Coforge Limited completed an acquisition of majority stake in M/s SLK Global Solutions Private Limited. The company is committed to helping their clients stay competitive by leveraging its innovative capabilities and domain expertise.

Revenue: ₹3,318.20Cr as on December 2024 (Q4 24)
Net Profit: ₹255.90Cr as on December 2024 (Q4 24)
Listing date: 30 Aug, 2004
Chairperson Name: Basab Pradhan
OrganisationCoforge
Headquarters
IndustryIT - Software
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FAQs on Coforge Ltd

What is Coforge Ltd price today?

Coforge Ltd share price today stands at ₹6466, Open: ₹6416, Previous Close: ₹6316.65, High: ₹6525, Low: ₹6335, 52 Week High: ₹10026.8, 52 Week Low: ₹4287.25.

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What are today's traded volumes of Coforge Ltd?

Today's traded volume of Coforge Ltd(COFORGE) is 5.58L.

What is today's market capitalisation of Coforge Ltd?

Today's market capitalisation of Coforge Ltd(COFORGE) is ₹42245.03Cr.

What is the 52 Week High and Low Range of Coforge Ltd?

Coforge Ltd (COFORGE)
Price
52 Week High
₹10026.8
52 Week Low
₹4287.25

How much percentage Coforge Ltd is down from its 52 Week High?

Coforge Ltd (COFORGE) share price is ₹6466. It is down -35.51% from its 52 Week High price of ₹10026.8

How much percentage Coforge Ltd is up from its 52 Week low?

Coforge Ltd (COFORGE) share price is ₹6466. It is up 50.82% from its 52 Week Low price of ₹4287.25