Coforge Ltd share price logo

Coforge Share Price

(COFORGE)

₹7793.350.24%

as on 04:01PM, 20 Feb 2025

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Coforge Performance

  • Day's Low

    Day's High

    ₹7,615
    Day's Price Range
    ₹7,875
  • 52 Week's Low

    52 Week's High

    ₹4,287.25
    52-Week Price Range
    ₹10,026.8
1 Month Return-10.25 %
3 Month Return-5.3 %
1 Year Return+ 16.85 %
Previous Close₹7,774.65
Open₹7,740.00
Volume5.85L
Upper Circuit-
Lower Circuit-
Market Cap₹51,991.49Cr

Coforge Key Statistics

P/E Ratio

64.94

PEG Ratio

11.51

Market Cap

₹51,991.49 Cr

P/B Ratio

10.26

EPS

135.21

Dividend Yield

1.38

Sector

IT - Software

ROE

33.46

Coforge Analyst Rating

based on 29 analysts

BUY

63.33%

Buy

10.00%

Hold

26.67%

Sell

Based on 29 analysts offering long term price targets for Coforge. An average target of ₹9379.31

Source: S&P Global Market Intelligence

Coforge Share analysis

Coforge price forecast by 29 analysts

Upside of20.64%

High

₹12000

Target

₹9379.31

Low

₹5220

Coforge target price ₹9379.31, a slight upside of 20.64% compared to current price of ₹7793.35. According to 29 analysts rating.

Source: S&P Global Market Intelligence

Key events for Coforge Ltd

  • Coforge Expands IT Services and Global Presence - 20 Feb, 2025

    Coforge, a leading Indian IT services company, offers comprehensive software solutions across various sectors. With operations in 21 countries, it has grown through strategic acquisitions and serves notable clients like British Airways and ING group.
  • Coforge Stock Shows Stability Amid Growth Expectations - 18 Feb, 2025

    Coforge stock posted a marginal gain of 0.05%, reaching ₹7,688.05. Analysts expect over 20% organic growth in 2025-26, exceeding market expectations.
  • Coforge Projects Strong Growth and Margin Improvement - 12 Feb, 2025

    Coforge Ltd's management expects industry-leading growth with a strong deal pipeline, targeting over 20% YoY growth in FY26 and a 25% earnings CAGR through FY27E.
  • Coforge Ltd Continues Upward Trend in Stock Price - 07 Feb, 2025

    Coforge Ltd's stock rose 0.49%, achieving gains for the fifth straight session. The stock is up 29.58% over the past year, despite a recent monthly decline.
  • Coforge Anticipated for MSCI Index Inclusion - 05 Feb, 2025

    Coforge shares rose significantly ahead of the MSCI index review, with JM Financial highlighting a high probability of inclusion in the MSCI India Standard Index, potentially boosting visibility and inflows.
  • Coforge Shares Drop as Ex-Dividend Date Arrives - 30 Jan, 2025

    Coforge shares fell nearly 4% on January 30, 2025, coinciding with the ex-dividend date for a declared interim dividend of Rs 19 per share. The company has a strong dividend history, with a yield of 0.90%. Despite the drop, Coforge has shown a 33% return over the last six months.
  • Coforge Reports Revenue Growth and Declares Dividend - 29 Jan, 2025

    Coforge's Q3 FY25 results show a rise in fixed-price contract revenue to 45.4%, while T&M revenue decreased. The company also announced an interim dividend of Rs 19 per share.
  • Coforge Announces Strategic Partnerships and Dividend - 28 Jan, 2025

    Coforge has entered a strategic partnership with Intellect Design Arena to enhance financial services technology. Additionally, the company declared a Rs 19 interim dividend for FY 2024-25, effective January 30.
  • Coforge Declares Interim Dividend of ₹6 - 25 Jan, 2025

    Coforge Ltd has announced an interim dividend of ₹6 per equity share, with shares trading ex-dividend. This move is expected to attract investor attention.
  • Coforge Reports Strong Q3 Earnings and Acquisition Plans - 24 Jan, 2025

    Coforge's Q3 results showed revenue growth but a decline in profit. The company announced acquisition plans, leading to positive analyst ratings and target price adjustments.
  • Coforge Reports Strong Q3 Results and Dividend Announcement - 23 Jan, 2025

    Coforge Ltd announced a ₹19 dividend and reported a 10.3% rise in net profit for Q3. Shares surged over 13% following strong results and acquisition news, with management optimistic about future growth driven by a robust order book.

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

    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

  • 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

    Price Rise

    img

    In the last 6 months, COFORGE stock has moved up by 27.1%

  • 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 3 Years

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 18.1% return, outperforming this stock by 1.2%

  • 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%)

Index Inclusions

S&P BSE MidCap Select

₹15,040.15

1.26 (186.71%)

Nifty Midcap Sel

₹11,391.45

1.08 (121.2%)

BSE Mid-Cap

₹40,854.88

1.18 (478.2%)

S&P BSE 250 LargeMidCap

₹9,778.61

0.38 (37.32%)

Nifty MidSmallcap 400

₹17,400.70

1.28 (219.75%)

BSE IT Sector

₹40,046.33

0.04 (17.14%)

Nifty LargeMidcap 250

₹14,528.15

0.73 (104.75%)

BSE Tech

₹18,506.79

0.01 (2.46%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty Midcap 150

₹18,888.80

1.31 (243.9%)

Nifty Midcap 100

₹51,163.80

1.26 (636.55%)

NIFTY IT

₹40,865.95

-0.14 (-58.3%)

Nifty 200

₹12,670.15

0.36 (45.4%)

Nifty 500

₹20,831.10

0.48 (99.65%)

BSE 200

₹10,338.70

0.35 (35.96%)

S&P BSE 150 MidCap

₹14,175.42

1.24 (173.19%)

S&P BSE 400 MidSmallCap

₹10,582.55

1.23 (128.5%)

BSE 500

₹32,757.57

0.46 (149.8%)

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
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
Details20202021202220232024
Earning Per Share (₹)74.8276.9117.36121.95135.21

Coforge Valuation

Coforge in the last 5 years

  • Overview

  • Trends

Lowest (12.30x)

March 23, 2020

Industry (37.08x)

February 19, 2025

Today (64.94x)

February 19, 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 0.98%.

    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₹51,991.49 Cr63.85%0.57₹835 Cr₹9,179 Cr
BUY₹20,681.76 Cr46.86%0.50₹297 Cr₹1,842 Cr
SELL₹37,479.78 Cr100.79%0.55NANA
HOLD₹91,948.38 Cr309.06%0.52₹1,093 Cr₹9,821 Cr
HOLD₹51,584.12 Cr35.9%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.

Share Price: ₹7793.35 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹51,991.49Cr as of today
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 ₹7793.35, Open: ₹7740, Previous Close: ₹7774.65, High: ₹7875, Low: ₹7615, 52 Week High: ₹10026.8, 52 Week Low: ₹4287.25.

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Is Coforge Ltd listed on NSE?

Coforge Ltd is listed on NSE

Is Coforge Ltd listed on BSE?

Coforge Ltd is listed on BSE

What are today's High and Low prices of Coforge Ltd?

  • Today's highest price of Coforge Ltd is ₹7875.
  • Today's lowest price of Coforge Ltd is ₹7615.

What are today's traded volumes of Coforge Ltd?

Today's traded volume of Coforge Ltd(COFORGE) is 5.85L.

What is today's market capitalisation of Coforge Ltd?

Today's market capitalisation of Coforge Ltd(COFORGE) is ₹51991.49Cr.

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 ₹7793.35. It is down -22.27% 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 ₹7793.35. It is up 81.78% from its 52 Week Low price of ₹4287.25

What are the historical returns of Coforge Ltd?

Coforge Ltd (COFORGE)
Returns
1 Day Returns
18.7%
1 Month Returns
-10.25%
3 Month Returns
-5.3%
1 Year Returns
16.85%

What is the PE ratio of Coforge Ltd today?

PE Ratio of Coforge Ltd is 64.94

PE ratio = Coforge Ltd Market price per share / Coforge Ltd Earnings per share