COFORGE

Coforge Limited · NSE · INE591G01025 · F&O · lot 475 · 272 sessions on record

₹1,826.00▲ +76.90 · +4.4%from ₹1,749.10 the session before · 1 Oct 2026 close · NSE end of day

Open: ₹1,764.80
High: ₹1,831.00
Low: ₹1,763.60
Day's range: ₹673.9% of the previous close
VWAP: ₹1,800.61close +1.4% from it
Volume, shares: 34 L1.41× the 20-session average
Turnover, ₹ crore: 620
Trades: 1.0 L34 shares per trade
Previous close: ₹1,749.10+76.90 to the close
Price band, next session: ₹1,643.40 – ₹2,008.6010% either side of the close · dynamic, widened in 5% steps when hit

Day range93% of the way up

₹1,763.60₹1,831.00

52-week range81% of the way up

₹1,008.10 17 Mar₹2,021.20 31 Aug

−9.7% from the high · +81% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days

short covering

futures read

price +4.4% · OI −3.1%

+4.90

futures premium, ₹

+0.3% to spot ₹1,826.00

0.76

puts per call, by OI

by volume 0.50

1,800

max pain

−1.4% from the close

▼ −3.1%

futures OI on the day

−1,000 lots · 32,000 open

Short covering into a 26-day expiry: futures OI −3.1% on a +4.4% day, the most call OI sits at 1,800, the most put OI at 1,800, max pain 1,800.

Futures and options

1 Oct close · lot 475 · NSE end of day

COFORGE futures closed at ₹1,830.90, +0.3% to spot, with 99% of open interest in the 27 Oct contract, and the 1,820 straddle prices a move of about ±8.6% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹1,826.00

Futures by expiry, basis against the spot close ₹1,826.00
Expiry	Close ₹	Basis ₹ · %	Annualised %	OI lots · on the day	Share of OI %	Contracts traded
27 Oct26 days	₹1,830.90	+4.90+0.3%	+3.8%	32,000▼ −3.1% · −1,000 lots	99	7,200
23 Nov53 days	₹1,836.00	+10.00+0.6%	+3.8%	360▼ −10.1% · −41 lots	1.1	320
29 Dec89 days	₹1,841.80	+15.80+0.9%	+3.5%	40▲ +21.2% · +7.0 lots	0.12	110

1.3% of futures OI sits beyond the 27 Oct contract · 52 of 70 listed contracts traded · 42,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 1,820 straddle closed at ₹156.60 (call 84.15 + put 72.45), pricing a move of about ±8.6% by the 27 Oct expiry. In the last 253 windows of 19 sessions, COFORGE moved more than that 114 times.

Call OI, lots: 11,00050 L shares
Put OI, lots: 8,10038 L shares
Puts per call, by OI: 0.76by volume 0.50
Max pain: 1,800−1.4% from the close
Contracts traded: 52 of 70listed for this expiry

Open interest by strike, lotstop three strikes each side

Calls

Strike

Puts

890

2,000

1,400

1,900

2,800

1,800

1,700

1,700

1,400

1,600

810

Open interest added on the day, lotsthree largest additions each side

Calls

Strike

Puts

+71

2,160

+90

2,000

+96

1,840

+320

1,820

+140

1,800

+230

Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close · hover or tap a session and the read beside the chart follows it

272 sessions on file · from 28 Aug

COFORGE close
Nifty 50, rebased
long build-up · price up, OI up
short build-up · price down, OI up
short covering · price up, OI down
long unwinding · price down, OI down

Session read · latest close: 1 Oct 2026
Close ₹ · day %: ₹1,826.00▲ +4.4% on the previous close
Against Nifty 50: Nifty −0.9%+5.3 pp difference on the day
Futures OI, lots: 32,000−1,000 lots · −3.1% on the day
The day's build-up: short coveringprice +4.4% · OI −3.1%
Against the averages: below 20 · above 5020-session ₹1,828.49 (−0.14%) · 50-session ₹1,809.49 (+0.91%)
Volume: 1.41×the previous 20 sessions · 34 L shares
Extremes on the day: none

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, COFORGE closed higher five sessions later in 7 of 8.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
Bulletin	Day of the news	1 session later	5 sessions later	Futures OI on the day
15 SeptCoforge maintains FY27 EBITDA margin guidance amid governance changes	▼ −0.5%Nifty +0.4% · −0.9 pp	▲ +1.0%Nifty +0.7% · +0.3 pp	▲ +0.4%Nifty +1.4% · −1.0 pp	▲ +5.5%short build-up
14 SeptCoforge secures approvals for $2.5B Encora acquisition	▼ −3.9%Nifty −1.2% · −2.7 pp	▼ −4.3%Nifty −0.8% · −3.5 pp	▼ −2.4%Nifty −0.3% · −2.1 pp	▲ +1.8%short build-up
20 AugIT stocks rebound as Nifty IT gains 1.4%	▲ +3.8%Nifty +0.6% · +3.2 pp	▲ +4.3%Nifty +0.7% · +3.6 pp	▲ +4.9%Nifty +0.1% · +4.8 pp	▲ +4.3%long build-up
28 JulCoforge reports strong revenue growth and interim dividend	▲ +1.7%Nifty +1.1% · +0.6 pp	▲ +3.6%Nifty +1.4% · +2.2 pp	▲ +5.4%Nifty +2.7% · +2.7 pp	▼ −3.6%short covering
28 JulCoforge shares rise 10% on strong Q1 FY27 results	▲ +1.7%Nifty +1.1% · +0.6 pp	▲ +3.6%Nifty +1.4% · +2.2 pp	▲ +5.4%Nifty +2.7% · +2.7 pp	▼ −3.6%short covering
28 JulCoforge reports Q1 results with 21.1% revenue growth	▲ +10.3%Nifty 0.0% · +10.3 pp	▲ +12.2%Nifty +1.1% · +11.1 pp	▲ +14.5%Nifty +2.6% · +11.9 pp	▲ +9.3%long build-up
25 JulCoforge secures $230 million AI transformation contract	▲ +2.9%Nifty +1.0% · +2.0 pp	▲ +13.6%Nifty +0.9% · +12.6 pp	▲ +19.1%Nifty +4.2% · +14.8 pp	▼ −5.0%short covering
24 JulCoforge secures $230 million AI contract with European client	▲ +2.9%Nifty +1.0% · +2.0 pp	▲ +13.6%Nifty +0.9% · +12.6 pp	▲ +19.1%Nifty +4.2% · +14.8 pp	▼ −5.0%short covering

8 of 24 bulletins

Quarterly results

consolidated · latest filed 28 Jul, 01:37 am IST · NSE filings

Revenue ₹5,528 cr, +50% on a year earlier; profit ₹532 cr, +49% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session

Quarterly results of COFORGE on the consolidated basis with the market's move on the first session after each filing
Quarter	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹	Market on the day
Jun 2026filed 28 Jul	₹5,528 cr	▲ +50%	₹532 cr	▲ +49%	12.28	▲ +10.3%Nifty 0.0% · +10.3 pp
Mar 2026filed 5 May · audited	₹4,450 cr	▼ −63%	₹666 cr	▼ −29%	18.10	▲ +9.6%Nifty +1.2% · +8.3 pp
Dec 2025filed 22 Jan	₹4,188 cr	▲ +26%	₹297 cr	▲ +16%	7.38	▼ −3.0%Nifty −0.9% · −2.1 pp
Sept 2025filed 24 Oct	₹3,986 cr	▲ +30%	₹425 cr	▲ +82%	11.07	▲ +4.0%Nifty +0.7% · +3.4 pp
Jun 2025filed 28 Jul	₹3,689 cr	▲ +54%	₹356 cr	▲ +160%	9.38	▲ +2.1%Nifty −0.6% · +2.8 pp
Mar 2025filed 5 May · audited	₹12,051 cr	▲ +410%	₹936 cr	▲ +310%	122.03	▼ −0.9%Nifty −0.3% · −0.6 pp
Dec 2024filed 23 Jan	₹3,318 cr	▲ +43%	₹256 cr	▲ +5.4%	31.94	▲ +0.4%Nifty −0.5% · +0.9 pp
Sept 2024filed 23 Oct	₹3,062 cr	▲ +35%	₹234 cr	▲ +24%	30.14	▲ +11.1%Nifty −0.1% · +11.3 pp

By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years

Financial-year results of COFORGE on the consolidated basis, summed from the quarters filed
Year	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹
FY26to Mar 2026	₹16,313 cr	▼ −22%	₹1,745 cr	▲ +11%	45.93
FY25to Mar 2025	₹20,832 cr	▲ +130%	₹1,565 cr	▲ +87%	204.89
FY24to Mar 2024	₹9,179 cr	—	₹836 cr	—	129.48

Fundamentals

consolidated · filings to Jun 2026 · close ₹1,826.00 on 1 Oct

COFORGE trades at 37 times trailing earnings against 17 for its industry, 8.4 times book value, revenue −18% over twelve months, a 1.3% dividend yield, market cap ₹81,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing

Market cap: ₹81,000 cron 1 Oct
Price to earnings: 37consolidated · four quarters to Jun 2026 · industry 17
Trailing EPS: ₹48.83diluted · consolidated · four quarters to Jun 2026
Price to book: 8.4consolidated · balance sheet to Mar 2026
Book value a share: ₹218.53consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity: 0.04borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity: 21%trailing profit over average equity · consolidated
Dividend yield: 1.3%₹24.00 a share in 365 days
Face value: ₹2a share
Shares outstanding: 44 cron 1 Oct

Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated

Revenue, trailing 12 months: ₹18,152 crfour quarters to Jun 2026
Revenue growth, 12 months: ▼ −18%against the twelve months before
Revenue 2-year CAGR: ▲ +39%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months: ₹1,920 crfour quarters to Jun 2026
Profit growth, 12 months: ▲ +7.7%against the twelve months before
Profit 2-year CAGR: ▲ +55%trailing twelve months against the twelve months 2 years earlier · consolidated

PeersBSE sub-group Computers - Software & Consulting · F&O stocks with filings on record · industry P/E 17, market caps over trailing profit of 11 stocks

Stocks in the BSE sub-group Computers - Software & Consulting with market cap, price to earnings and price to book
Stock	Market cap ₹	P/E	P/B	Close ₹
TCSTata Consultancy Services Limited	7,50,000 cron 1 Oct	15consolidated	6.9	₹2,075.00
INFYInfosys Limited	4,20,000 cron 1 Oct	14consolidated	4.5	₹1,035.00
HCLTECHHCL Technologies Limited	3,40,000 cron 1 Oct	19consolidated	4.5	₹1,243.10
WIPROWipro Limited	1,60,000 cron 1 Oct	13consolidated	1.8	₹159.35
TECHMTech Mahindra Limited	1,50,000 cron 1 Oct	27consolidated	5.0	₹1,533.00
LTMLTM Limited	1,20,000 cron 1 Oct	23consolidated	4.9	₹4,007.00
PERSISTENTPersistent Systems Limited	85,000 cron 1 Oct	44consolidated	11	₹5,367.00
COFORGECoforge Limited	81,000 cron 1 Oct	37consolidated	8.4	₹1,826.00
MPHASISMphasiS Limited	43,000 cron 1 Oct	23consolidated	4.0	₹2,250.20
HEXTHexaware Technologies Limited	30,000 cron 1 Oct	—	4.5	₹490.45
TATAELXSITata Elxsi Limited	19,000 cron 1 Oct	29standalone	6.3	₹3,092.80
KPITTECHKPIT Technologies Limited	13,000 cron 1 Oct	23consolidated	3.8	₹492.00
FRACTALFractal Analytics Limited	13,000 cron 1 Oct	—	4.0	₹727.35
RATEGAINRategain Travel Technologies Limited	10,000 cron 1 Oct	—	5.0	₹840.65
ZENSARTECHZensar Technologies Limited	9,900 cron 1 Oct	—	2.1	₹434.35
INTELLECTIntellect Design Arena Limited	8,600 cron 1 Oct	—	2.7	₹610.95
BSOFTBIRLASOFT LIMITED	7,500 cron 1 Oct	—	1.8	₹269.75
SONATSOFTWSonata Software Limited	7,100 cron 1 Oct	—	3.7	₹254.05
NEWGENNewgen Software Technologies Limited	6,500 cron 1 Oct	—	3.7	₹456.35
LATENTVIEWLatent View Analytics Limited	4,900 cron 1 Oct	—	2.7	₹234.50
MASTEKMastek Limited	4,800 cron 1 Oct	—	1.6	₹1,555.60
HAPPSTMNDSHappiest Minds Technologies Limited	4,600 cron 1 Oct	—	2.8	₹304.70
63MOONS63 moons technologies limited	3,700 cron 1 Oct	—	1.0	₹802.25
AURIONPROAurionpro Solutions Limited	3,400 cron 1 Oct	—	1.9	₹607.80
SAKSOFTSaksoft Limited	1,800 cron 1 Oct	—	2.4	₹139.35
SILVERTUCSilver Touch Technologies Limited	1,800 cron 1 Oct	—	10	₹138.70
ACCELYAAccelya Solutions India Limited	1,600 cron 1 Oct	—	6.5	₹1,094.20
NINSYSNINtec Systems Limited	1,500 cron 1 Oct	—	16	₹804.65
MCLOUDMagellanic Cloud Limited	1,400 cron 1 Oct	—	2.1	₹24.25
INFOBEANInfoBeans Technologies Limited	1,400 cron 1 Oct	—	3.4	₹143.60
XCHANGINGXchanging Solutions Limited	670 cron 1 Oct	—	1.7	₹59.75
SOFTTECHSofttech Engineers Limited	660 cron 1 Oct	—	3.9	₹474.30
INNOVANAInnovana Thinklabs Limited	600 cron 1 Oct	—	2.1	₹290.20
KSOLVESKsolves India Limited	570 cron 1 Oct	—	19	₹241.15
CSMCSM Technologies Limited	490 cron 1 Oct	—	4.7	₹94.25
MINDTECKMindteck (India) Limited	480 cron 1 Oct	—	1.6	₹150.95
XTGLOBALXtglobal Infotech Limited	380 cron 1 Oct	—	1.8	₹28.70
TREJHARATREJHARA SOLUTIONS LIMITED	320 cron 1 Oct	—	1.1	₹131.65
DRCSYSTEMSDRC Systems India Limited	190 cron 1 Oct	—	1.7	₹13.00
EMPOWEREmpower India Limited	180 cron 1 Oct	—	—	₹1.55
TRIGYNTrigyn Technologies Limited	160 cron 1 Oct	—	0.20	₹51.80
SECMARKSecMark Consultancy Limited	140 cron 1 Oct	—	6.1	₹137.50
RSSOFTWARER. S. Software (India) Limited	78 cron 1 Oct	—	2.5	₹30.05
CGVAKCG Vak Software & Exports Limited	74 cron 1 Oct	—	—	₹147.25
CURAACura Technologies Limited	72 cron 17 Sept	—	11	₹72.95
ORCHASPOrchasp Limited	44 cron 1 Oct	—	0.36	₹1.30
QUINTEGRAQuintegra Solutions Limited	3.6 cron 1 Oct	—	—	₹1.35
3IINFOLTD3i Infotech Limited	—	—	—	—
CALSOFTCalifornia Software Company Limited	—	—	—	—
CTECambridge Technology Enterprises Limited	—	—	—	—
CYBERTECHCybertech Systems And Software Limited	—	—	—	—
EQUIPPPEquippp Social Impact Technologies Limited	—	—	—	—

Shareholding

quarter to 30 Jun · pledge not stated · NSE filings

Foreign portfolio investors hold 24.3%, mutual funds 30.0%, insurance companies 10.5% and banks and financial institutions 2.1%, as filed for the quarter to 30 Jun.

24.3%30.0%10.5%9.3%23.8%

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file

Shareholding of COFORGE by category over the last 5 quarters with the change against the previous quarter
Category	30 Jun	3 Jun	23 Apr	31 Mar	31 Dec
Foreign portfolio investors	24.31▼ −0.35 pp	24.66▲ +1.34 pp	23.32▼ −7.34 pp	30.66▼ −3.87 pp	34.53
Mutual funds	30.00▲ +0.22 pp	29.78▼ −1.94 pp	31.72▼ −8.76 pp	40.48▲ +1.78 pp	38.70
Insurance companies	10.47▼ −0.55 pp	11.02▼ −0.35 pp	11.37▼ −2.77 pp	14.14▲ +0.39 pp	13.75
Banks and financial institutions	2.15▲ +0.24 pp	1.91▲ +0.58 pp	1.33▼ −0.23 pp	1.56▲ +0.34 pp	1.22
Individual investors	9.28▼ −0.02 pp	9.30▲ +0.60 pp	8.70▼ −2.29 pp	10.99▲ +1.30 pp	9.69
Bodies corporate	1.42▲ +0.23 pp	1.19▲ +0.13 pp	1.06▼ −0.26 pp	1.32▼ −0.10 pp	1.42
Other foreign holders	21.190.00 pp	21.19▼ −0.64 pp	21.83▲ +21.83 pp	0.000.00 pp	—
Others	1.18▲ +0.22 pp	0.96▲ +0.29 pp	0.67▼ −0.18 pp	0.85▲ +0.16 pp	0.69

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹4.00 a share, ex-date 3 Aug 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios

Corporate actions of COFORGE, upcoming first, then the most recent
Ex-date	Action	Amount or ratio	Record date	Source
recent
3 Aug 2026	dividend	₹4.00	3 Aug 2026	BSE
30 Jan 2026	dividend	₹4.00	31 Jan 2026	BSE
31 Oct 2025	dividend	₹4.00	31 Oct 2025	NSE
31 Jul 2025	dividend	₹4.00	31 Jul 2025	BSE
4 Jun 2025	split	—	4 Jun 2025	NSE
9 May 2025	dividend	₹19.00	12 May 2025	NSE
30 Jan 2025	dividend	₹19.00	30 Jan 2025	BSE
11 Oct 2024	dividend	₹19.00	12 Oct 2024	NSE

Calendaras notified to the exchange

Next results: —no board meeting notified yet
Dividends in 365 days: ₹24.00a share · ex-dates inside the year
Last dividend: ₹4.00ex-date 3 Aug 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

COFORGE is −7.1% over 20 sessions against Nifty's −6.2%, 9.7% below its 52-week high, realised volatility 35% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions

Returns of the stock and Nifty 50 over six windows, longest first
Window	From ₹	COFORGE %	Nifty 50 %	Difference pp
250 sessionssince 26 Sept	₹1,538.46	▲ +19%	▼ −9.1%	+28
120 sessionssince 9 Apr	₹1,264.89	▲ +44%	▼ −5.7%	+50
60 sessionssince 8 Jul	₹1,445.88	▲ +26%	▼ −6.1%	+32
20 sessionssince 2 Sept	₹1,965.77	▼ −7.1%	▼ −6.2%	−0.87
5 sessionssince 24 Sept	₹1,785.82	▲ +2.3%	▼ −2.8%	+5.0
1 sessionsince 30 Sept	₹1,749.04	▲ +4.4%	▼ −0.88%	+5.3

Averages of the closeclose against each average

5-session average: ₹1,770.82close +3.1% from it
20-session average: ₹1,828.49close −0.14% from it
50-session average: ₹1,809.49close +0.91% from it
200-session average: ₹1,524.65close +20% from it

Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average

Average true range, 14: ₹623.4% of the close
Average day's range, 20: ₹563.1% of the close
Volume against 20 sessions: 1.41×34 L vs 25 L average

Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell

Realised volatility, 20: 35%≈ ±2.2% a session · moved more than that on 5 of 20
Realised volatility, 60: 37%≈ ±2.3% a session · moved more than that on 13 of 60
Realised volatility, 250: 39%≈ ±2.4% a session · moved more than that on 62 of 250
Beta to Nifty, 60: 1.30moved with Nifty on 37 of 60 sessions
Beta to Nifty, 250: 1.02moved with Nifty on 160 of 250 sessions

Up and down sessionscloses above and below the previous close

Last 20 sessions: 9 up · 11 downof 20
Last 60 sessions: 30 up · 30 downof 60
Last 250 sessions: 125 up · 125 downof 250
Best session, 250: ▲ +10%28 Jul
Worst session, 250: ▼ −6.5%12 Feb

Coforge Limited is in 19 NSE indices

all 19 indices

32 bulletins on COFORGE

latest 15 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

15 Sept Coforge maintains FY27 EBITDA margin guidance amid governance changesCoforge reaffirmed its FY27 guidance, targeting a 20.5–21% EBITDA margin and over 100% free cash flow conversion. The company is also restructuring its governance with new leadership in the Nomination and Remuneration Committee.Medium 14 Sept Coforge secures approvals for $2.5B Encora acquisitionCoforge Limited has secured all regulatory approvals for its $2.5 billion acquisition of Encora, set to close by April 2026. The deal includes issuing 93,796,508 equity shares at ₹1,815.91 each, enhancing Coforge's market presence.High

August 2026

20 Aug IT stocks rebound as Nifty IT gains 1.4%IT stocks rebounded on 19 Aug 2023, with the Nifty IT index gaining 1.47% to 30,659.80 points. This recovery follows three days of losses, driven by buying interest in key stocks like Coforge and HCL Tech.Medium

July 2026

28 Jul Coforge reports strong revenue growth and interim dividendCoforge reported strong revenue growth driven by the Encora acquisition and Cigniti merger. The company declared an interim dividend while facing exceptional costs impacting margins, indicating a strategic focus on future growth.Medium 28 Jul Coforge shares rise 10% on strong Q1 FY27 resultsCoforge 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.High 28 Jul Coforge reports Q1 results with 21.1% revenue growthCoforge reported Q1 results with 21.1% revenue growth to $592.2 million, but net profit fell 15.3% to ₹518.6 crore due to one-off costs. The Encora acquisition begins to contribute, highlighting initial integration challenges.Medium 25 Jul Coforge secures $230 million AI transformation contractCoforge secured a $230 million AI transformation contract from a major European client, enhancing its enterprise-scale capabilities. The five-year deal focuses on Low-Code/No-Code platforms and AI-powered automation, solidifying Coforge's market position in Europe.High 24 Jul Coforge secures $230 million AI contract with European clientCoforge has secured a $230 million AI transformation contract with a European client, enhancing productivity and decision-making. Following the announcement, shares rose 1.72% to ₹1,464.70, indicating strong market interest in AI solutions.High 16 Jul Analysts recommend tech stocks with up to 25.9% upsideAnalysts are recommending several technology stocks, including Eternal Ltd with a 25.9% upside potential. Other stocks like Info Edge, Firstsource Solutions, Mphasis, Coforge, and Tech Mahindra also received 'BUY' ratings, indicating growth opportunities in the sector.Medium

May 2026

19 May Tech stocks rally 8% amid macroeconomic concernsThe Nifty IT index surged over 4% in intraday trading, marking an 8% rally over three sessions. Coforge rose nearly 6% and Mphasis climbed more than 5%, though analysts warn of macroeconomic uncertainties and slow AI adoption impacting the sector.Medium 19 May IT index gains nearly 4% as rupee weakensThe Nifty IT index rose 2.43% on Monday, gaining nearly 4% over two days as the rupee weakened to 96.3325 against the dollar. This benefits IT firms like Persistent and Coforge, which derive much of their revenue from US clients.High 9 May Coforge-Cigniti merger details and implications for investorsCoforge shares rose nearly 18% after strong earnings and the announcement of a 1:1 share swap with Cigniti Technologies. The record date for eligibility is set for May 16, 2026, which may boost investor sentiment and market position for Coforge.High 8 May Coforge-Cigniti merger details and implications for investorsCoforge announced the merger with Cigniti Technologies, offering a 1:1 share exchange ratio for shareholders. The record date for this transaction is set for 16 May 2026, with Coforge shares rising nearly 18% following the earnings announcement.Medium 6 May Cigniti Technologies cancels Q4 results after Coforge acquisitionCigniti Technologies has ceased operations as an independent entity after the NCLT approved its merger with Coforge. The board meeting for Q4 results was cancelled, and shareholders will receive one Coforge share for each Cigniti share held.High 6 May Coforge Q4 profit more than doubles to ₹612 croreCoforge reported Q4 profit of ₹612 crore, up 134.4% YoY, with revenue rising 30% to ₹4,450 crore. The company secured $648 million in new orders, boosting its order book to $1.75 billion, indicating strong growth potential for FY27.High 4 May Spirit Airlines shutdown raises concerns for Indian IT firmsThe shutdown of Spirit Airlines is set to impact Coforge, a mid-tier IT services firm, with billing of a couple of million dollars per quarter. Rising jet fuel prices could have wider implications for Indian IT companies amid growing distress in the aviation sector.Medium 4 May Spirit Airlines shutdown impacts Coforge and Indian IT sectorThe shutdown of Spirit Airlines is expected to impact Coforge, with potential losses of a couple of million dollars in quarterly billing. Rising jet fuel prices may also affect the broader Indian IT sector, indicating challenges ahead.Medium 3 May NCLT approves Coforge-Cigniti merger creating $2.50B entityNCLT sanctioned the merger between Coforge and Cigniti Technologies, creating a $2.50 billion AI-native engineering entity. The merger received overwhelming shareholder support, with 100% approval from Coforge and 99.95% from Cigniti, effective from 01 April 2025.High 2 May NCLT approves Coforge-Cigniti merger creating $2.50B entityThe NCLT approved the merger of Coforge Limited and Cigniti Technologies, creating a $2.50 billion AI-native engineering entity. The merger will be effective from April 1, 2025, with strong shareholder support reported across both companies.High 1 May NCLT approves Coforge-Cigniti merger creating $2.5B entityThe NCLT has sanctioned the merger between Coforge and Cigniti, creating a $2.5 billion AI-native engineering leader. The merger received 100% approval from Coforge shareholders and 99.95% from Cigniti's, effective from 01 April 2025.High 1 May NCLT approves Coforge-Cigniti Technologies mergerNCLT approved the merger between Coforge and Cigniti Technologies, creating a $2.50 billion AI-native engineering services leader. The merger will be effective from April 1, 2025, following full regulatory compliance, with overwhelming shareholder support reported.High

February 2026

19 Feb Coforge shares may rise 77% after Sabre earnings callCoforge shares rose after CLSA's positive outlook post Sabre's earnings call, with a price target of ₹2,426 suggesting a 77% upside. Sabre's 2026 guidance aligns with market estimates, indicating mid-single digit revenue growth.Medium

January 2026

31 Jan Coforge acquisition to elevate revenue to $2.5 billionCoforge's acquisition of Encora will boost its revenue to $2.5 billion, leveraging Encora's nearly $600 million in annual revenue. The deal positions Coforge to meet rising demand for AI-led engineering and cloud services in the market.High

December 2025

28 Dec Coforge acquires Encora for $2.35 billion in all-stock dealCoforge announced acquisition of Encora for $2.35 billion in an all-stock deal. The merger aims for $2 billion in AI, data, and cloud revenues by FY27, creating a $2.5 billion entity.High 27 Dec Coforge acquires Encora for $2 billion, markets steadyCoforge announced a $2 billion acquisition of Encora, a major move in the IT sector. Meanwhile, Zepto plans an ₹11,000 cr IPO for 2026, as markets stabilize after a three-week decline.High 27 Dec Coforge acquires Encora for $2.35 billion in all-stock dealCoforge has acquired Encora, a Silicon Valley AI firm, in a $2.35 billion all-stock deal. The acquisition will be financed through equity, with Encora’s shareholders set to hold 20% of Coforge’s expanded share capital.High 27 Dec Coforge in talks to acquire Encora for $2 billionCoforge is negotiating to acquire Encora for $2 billion, with a board meeting scheduled to discuss fundraising. Encora was previously valued at $1.5 billion in 2021. This acquisition could enhance Coforge's market position and service offerings.High 26 Dec Coforge in talks to acquire Encora for $2 billionCoforge is in discussions to acquire Encora for $2 billion, ahead of a board meeting to consider fundraising. Encora, owned by Advent International, was previously valued at $1.5 billion in 2021.High 23 Dec Coforge shares drop 7% ahead of QIP fund raise meetingCoforge shares fell over 7% in intraday trade, hitting a low of ₹1,739.30, after announcing a board meeting to consider a fund raise via QIP on 26 Dec 2023. The stock was trading at ₹1,790.70, down 4.17%.Medium 13 Dec Rupee hits record low; IT stocks show mixed performanceThe rupee hit a record low, affecting IT stocks on 12 Dec. The Nifty IT index fluctuated, closing up 0.18% at 38,166, with TCS gaining 0.68% while Coforge fell 0.33%.Medium 12 Dec Rupee hits record low, IT stocks show mixed performanceThe rupee hit a record low, affecting investor sentiment in the IT sector. The Nifty IT index was up 0.18% at 38,166, with Tata Consultancy Services gaining 0.68%, while Coforge declined by 0.33%.Medium

November 2025

11 Nov Coforge receives credit rating upgrade from CRISILMedium

About Coforge Limited

exchange masters as of 18 Sept 2026 · classification by BSE

Company: Coforge Limited
Exchange: NSE · BSE 532541, group A
Listed on NSE: 30 Aug 2004
Classification: Information Technology › IT - Software › Computers - Software & Consulting
Index: BSE 100
Face value: ₹2 a share
ISIN: INE591G01025
Sessions on record: 272
Price source: NSE UDiFF bhavcopy · end of day · delayed
Filings: NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed: 1 Oct, 09:56 pm IST
Bulletins: 32 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.