Coforge Limited
COFORGE.NS
₹1765.50
▼ 2.24%
Coforge shed 2.24% on Monday, pulling back from levels just 9% under its 52-week high of ₹1,989.7, even as the company continues investor meetings running from August 13 to 20 and rides the momentum of a $230-million, five-year AI-led transformation deal signed in July with a major European client. The pullback follows a 15.3% sequential drop in Q1 FY27 net profit to ₹518.6 crore, and the stock remains richly valued at roughly 66.7 times earnings, a premium that's kept some investors cautious even as it trades 79% above its 52-week low. The recently completed amalgamation of Cigniti Technologies into the parent adds another moving part to the story. Still, the broader analyst community isn't backing away, with 35 analysts pegging an average target of ₹1,904.40 and a "buy" consensus intact.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| 6.65% | 20.73% | 12.14% | 35.73% |
Analyst Consensus
Average Target Price: ₹1904.40 (range ₹1187.00 - ₹2580.00) based on 35 analysts
Strong Buy: 5
Buy: 25
Hold: 1
Sell: 3
Strong Sell: 1
Related News
| Aug 13, 2026 | Coforge Limited Share Price Jumps 1.43% Today (Aug 13, 2026) |
| Jul 24, 2026 | Coforge Secures $230 Million Plus Five-Year Contract With A European Client |
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