Coforge Limited
COFORGE.NS
₹1878.40
▲ 3.60%
Coforge was among the standout gainers in the IT pack, up roughly 3.6% and outperforming the broader Nifty IT index after the company landed a five-year AI transformation contract worth more than $230 million with a major European client — one of the largest such deals struck in Europe. The win comes on the back of a blockbuster June quarter, where net profit jumped 63% year-on-year to Rs 518.6 crore and revenue grew 49% to Rs 5,528 crore, partly aided by the amalgamation of Cigniti Technologies into the company effective April 2026. The stock is still trading about 9% below its 52-week high of Rs 1,990, but its long-term compounding has been impressive, with a 36.53% CAGR over ten years. With 35 analysts maintaining a "buy" consensus and an average target of Rs 1,904.40, Coforge's deal-led momentum appears to be resonating with the Street.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| 10.16% | 24.05% | 13.90% | 36.55% |
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
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