Coforge Ltd share price logo

Coforge Ltd Share Price

(COFORGE)

₹7958.22.43%

as on 04:01PM, 25 Mar 2025

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Coforge Performance

  • Day's Low

    Day's High

    ₹7,810
    Day's Price Range
    ₹8,082.5
  • 52 Week's Low

    52 Week's High

    ₹4,287.25
    52-Week Price Range
    ₹10,026.8
1 Month Return+ 1.78 %
3 Month Return-18.16 %
1 Year Return+ 40.06 %
Previous Close₹7,769.55
Open₹7,870.00
Volume9.08L
Upper Circuit₹8,546.50
Lower Circuit₹6,992.60
Market Cap₹51,961.86Cr

Coforge Fundamentals

P/E Ratio

64.9

PEG Ratio

11.51

Market Cap

₹51,961.86 Cr

P/B Ratio

10.26

EPS

135.21

Dividend Yield

1.38

Sector

IT - Software

ROE

33.46

Coforge Analyst Rating

based on 30 analysts

BUY

66.67%

Buy

10.00%

Hold

23.33%

Sell

Based on 30 analysts offering long term price targets for Coforge. An average target of ₹9257.7

Source: S&P Global Market Intelligence

Coforge Share analysis

Coforge price forecast by 30 analysts

Upside of19.15%

High

₹12000

Target

₹9257.70

Low

₹5220

Coforge target price ₹9257.7, a slight upside of 19.15% compared to current price of ₹7958.2. According to 30 analysts rating.

Source: S&P Global Market Intelligence

Key events for Coforge Ltd

  • 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.
  • Coforge Secures Major Contract and Launches AI Center - 10 Mar, 2025

    Coforge Ltd announced a significant $1.56 billion contract with Sabre Corp, despite concerns about Sabre's financial stability. Additionally, Coforge launched a Generative AI Center of Excellence with ServiceNow to enhance operational efficiency across industries.
  • Coforge Announces Major Deal and Stock Split - 05 Mar, 2025

    Coforge shares surged following a $1.56 billion deal with Sabre, two acquisitions, and a historic 1:5 stock split, enhancing revenue visibility and market position.
  • Coforge Announces Stock Split and Major Deal - 04 Mar, 2025

    Coforge's board is set to consider a stock split, while the company has secured a significant $1.56 billion deal with Sabre Corp, enhancing its revenue prospects.
  • Motilal Oswal Acquires Stake in Coforge Limited - 03 Mar, 2025

    Motilal Oswal Mutual Fund has acquired a 0.5% stake in Coforge Limited for Rs 250.1 crore at an average price of Rs 7,367.94 per share.
  • Jefferies Reiterates Buy Rating for Coforge Stock - 28 Feb, 2025

    Jefferies has reiterated its buy rating on Coforge with a target price of ₹10,100, highlighting attractive valuation and strong growth potential despite recent stock declines.
  • Coforge Board to Discuss Stock Split Proposal - 25 Feb, 2025

    Coforge Ltd's board will meet on March 4, 2025, to evaluate a stock split proposal aimed at enhancing liquidity and accessibility for investors. The trading window is closed until 48 hours post-meeting.
  • Coforge Acquires Xceltrait to Boost IT Services - 21 Feb, 2025

    Coforge Limited has successfully acquired Xceltrait Inc. for $17.85 million, aiming to strengthen its expertise in AI and cloud services, particularly in the insurance sector. The acquisition aligns with Coforge's growth strategy, following strong financial results for Q3 FY2025.

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

    MF Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, COFORGE stock has moved up by 12.5%

  • 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 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

    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

  • 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 IT

₹37,706.90

1.32 (489.85%)

S&P BSE MidCap Select

₹15,448.86

-1.07 (-167.57%)

S&P BSE 150 MidCap

₹14,522.34

-1.06 (-155.62%)

Nifty LargeMidcap 250

₹14,893.95

-0.59 (-88.25%)

S&P BSE 400 MidSmallCap

₹10,854.98

-1.15 (-125.78%)

BSE IT Sector

₹37,040.19

1.17 (427.5%)

Nifty 200

₹13,041.25

-0.36 (-47.2%)

Nifty Midcap 150

₹19,228.35

-0.98 (-189.95%)

BSE Mid-Cap

₹41,904.81

-1.13 (-478.14%)

Nifty Midcap 100

₹51,969.75

-1.06 (-554.3%)

Nifty 500

₹21,437.75

-0.47 (-100.35%)

BSE Tech

₹17,698.96

0.97 (170.36%)

Nifty Midcap Sel

₹11,581.40

-1.01 (-118.1%)

S&P BSE 250 LargeMidCap

₹10,080.72

-0.36 (-36.45%)

BSE 500

₹33,761.03

-0.45 (-152.43%)

BSE 200

₹10,658.50

-0.34 (-36.42%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹17,775.75

-1.11 (-199.35%)

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
Book Value Per Share (₹)383.44406.95448.78504.5586.83
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

Coforge Valuation

Coforge in the last 5 years

  • Overview

  • Trends

Lowest (12.30x)

March 23, 2020

Industry (33.97x)

March 24, 2025

Today (64.90x)

March 24, 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 0.95%.

    Read More about Dividends

Coforge Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

Coforge Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹51,961.86 Cr105.02%0.57₹835 Cr₹9,179 Cr
BUY₹21,897.05 Cr139.15%0.50₹297 Cr₹1,842 Cr
SELL₹35,065.65 Cr172.15%0.55NANA
HOLD₹84,490.96 Cr400.7%0.52₹1,093 Cr₹9,821 Cr
HOLD₹48,481.25 Cr58.92%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 ₹7958.2, Open: ₹7870, Previous Close: ₹7769.55, High: ₹8082.5, Low: ₹7810, 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 9.08L.

What is today's market capitalisation of Coforge Ltd?

Today's market capitalisation of Coforge Ltd(COFORGE) is ₹51961.86Cr.

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 ₹7958.2. It is down -20.63% 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 ₹7958.2. It is up 85.62% from its 52 Week Low price of ₹4287.25