Coforge shares surge over 6% today following strong Q2 earnings
Coforge shares surged more than 6% in today’s trading session, reaching a high of ₹7,269 in early trade, following the announcement of its robust Q2 FY25 earnings.
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Coforge shares surged more than 6% in today’s trading session, reaching a high of ₹7,269 in early trade, following the announcement of its robust Q2 FY25 earnings.
Motilal Oswal expects significant upside in leading IT stocks, with projected gains of up to 26%. MOSL's top picks for the sector include HCL Technologies, LTIMindtree, and Persistent Systems, among others.
Coforge has partnered with Salesforce to introduce Coforge ENZO, a new offering aimed at helping businesses tackle decarbonization challenges and manage greenhouse gas (GHG) emissions effectively.
Coforge shares saw a sharp cut and hit a lower circuit of 10% in the morning trade today after the company posted a weak set of Q4 earnings.
Brokerage firm Jefferies has downgraded IT major Coforge post its Q4 results and cut its target price for the stock, expecting a 13% decline in share price from current levels.
IT major Coforge today posted a weak set of Q4 results as the company’s net profit in the January to March quarter for 2024 came in at Rs 229.2 crore against Rs 242.8 crore during the previous quarter, a decline of 5.6%.
IT major Coforge today announced that it will acquire a 54% stake at Rs 1,415 per share in Cigniti Technologies.
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