Coforge shares rise 10% on strong Q1 FY27 results
Coforge shares rose over 10% to ₹1,680 after reporting Q1 FY27 revenue of ₹5,527.7 crore, up 49.2% YoY. The rally was supported by a broader IT sector surge and a shift in investor focus towards Indian IT companies.
after close1 source ↓written by the desknot a recommendation
- to a high
- 10%
- year-on-year revenue increase
- 49.2%
Coforge shares surged over 10% to a high of ₹1,680 on the NSE following a 49.2% year-on-year revenue increase to ₹5,527.7 crore in Q1 FY27. This rally coincided with a broader IT sector boost, as major players like TCS and Infosys also saw gains. Global investors shifted focus from AI-linked stocks to Indian IT firms, enhancing sentiment further.
Not investment advice. For informational purposes only.