Coforge Ltd share price logo

Coforge Ltd Share Price

(COFORGE)

₹74851.46%

as on 04:01PM, 29 Apr 2025

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Coforge Performance

  • Day's Low

    Day's High

    ₹7,350.5
    Day's Price Range
    ₹7,555
  • 52 Week's Low

    52 Week's High

    ₹4,287.25
    52-Week Price Range
    ₹10,026.8
1 Month Return-3.8 %
3 Month Return-10.12 %
1 Year Return+ 46.67 %
Previous Close₹7,377.50
Open₹7,456.00
Volume5.70L
Upper Circuit₹8,115.00
Lower Circuit₹6,640.00
Market Cap₹50,058.82Cr

Coforge Fundamentals

P/E Ratio

62.52

PEG Ratio

11.09

Market Cap

₹50,058.82 Cr

P/B Ratio

10.26

EPS

135.21

Dividend Yield

1.38

Sector

IT - Software

ROE

33.46

Coforge Analyst Rating

based on 31 analysts

BUY

67.74%

Buy

9.68%

Hold

22.58%

Sell

Based on 31 analysts offering long term price targets for Coforge. An average target of ₹8749.45

Source: S&P Global Market Intelligence

Coforge Share analysis

Coforge price forecast by 31 analysts

Upside of16.89%

High

₹12000

Target

₹8749.45

Low

₹5220

Coforge target price ₹8749.45, a slight upside of 16.89% compared to current price of ₹7485. According to 31 analysts rating.

Source: S&P Global Market Intelligence

Key events for Coforge Ltd

  • Coforge Faces Legal Complaint Over Security Incident - 30 Apr, 2025

    Coforge Limited disclosed a legal complaint in the U.S. related to a security incident involving a client. The complaint alleges unauthorized access to a customer loyalty database. Coforge asserts it did not provide core cybersecurity services and continues to serve the client without significant revenue impact.
  • Coforge Announces Share Sale Agreement with Sapiens UK - 29 Apr, 2025

    Coforge's subsidiary, Coforge U.K., has entered a share purchase agreement to sell its entire stake in Coforge Advantage Go for GBP 43 million, translating to approximately Rs 490.85 crore. The transaction is expected to complete within 4-6 weeks and Coforge Advantage Go contributed 1.7% to total income.
  • Bajaj Broking Recommends Buy on Coforge Shares - 24 Apr, 2025

    Bajaj Broking Research advises investors to buy Coforge shares in the range of Rs 7300-7400, projecting an 11% rise to Rs 8200 within three months. A stop loss is recommended at Rs 6870.
  • Coforge Shows Bullish Patterns Indicating Upside Potential - 22 Apr, 2025

    Coforge Ltd is exhibiting a Bullish White Swan harmonic pattern on the weekly chart, indicating a potential reversal. Additionally, a bullish belt hold pattern has formed at the reversal zone, suggesting a possible upside rally in the coming weeks.
  • Coforge Shares Surge After Bulk Purchase by Motilal Oswal - 21 Apr, 2025

    Coforge Limited's shares rose by 4% following Motilal Oswal Mutual Fund's acquisition of 3.5 lakh shares worth ₹231 crore. The company reported a 44% revenue increase in Q3, although net profit declined. Coforge maintains a strong order book and diverse revenue streams.
  • Motilal Oswal MF Increases Stake in Coforge - 17 Apr, 2025

    Motilal Oswal Mutual Fund purchased additional shares of Coforge for Rs 231 crore, raising its equity stake from 8.06% to 8.58%. Coforge's subsidiary also completed the acquisition of TMLabs.
  • Jefferies Cuts Target Price for Coforge - 09 Apr, 2025

    Jefferies has reduced its target price for Coforge from ₹10,350 to ₹7,860 while maintaining a Buy rating, amid concerns over IT sector outlook.
  • Coforge Reports Strong Q3 FY25 Performance - 07 Apr, 2025

    Coforge Ltd reported a robust 40.3% year-on-year revenue growth in Q3 FY25, reaching ₹3,318.2 crore. EBITDA increased by 29.3%, and the company secured four large deals, boosting its order book to $1.37 billion.
  • Coforge Faces Market Pressure Despite Acquisition Success - 04 Apr, 2025

    Coforge completed its acquisition of Rythmos Inc. but faced significant share price declines due to external market pressures, including tariffs and revenue concerns for IT companies.
  • Coforge Shares Decline Amid Market Volatility - 03 Apr, 2025

    Coforge shares experienced significant declines, falling 7.7% and 7.28% in a single day. JPMorgan identified it as a potential recovery play amid broader IT sector challenges.
  • Coforge Shares Decline Amid Increased Trading Activity - 01 Apr, 2025

    Coforge Ltd shares fell significantly on April 1, 2025, with a 3.91% drop to Rs 7,791.85, followed by a 4.11% decline amid rising trading volumes, indicating investor concern and a shift in sentiment.

Insights on Coforge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 17 quarters, 1.19K Cr → 3.37K Cr (in ₹), with an average increase of 6.1% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 9.59% to 9.85% in Mar 2025 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, COFORGE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 133.2 Cr → 215.5 Cr (in ₹), with an average increase of 20.2% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, COFORGE stock has moved up by 6.1%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, COFORGE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 35.80% to 36.92% in Mar 2025 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 42.55% to 40.21% in Mar 2025 quarter

Coforge Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹2,323.30Cr (-)₹2,358.50Cr (↑1.52%)₹2,400.80Cr (↑1.79%)₹3,062.30Cr (↑27.55%)₹3,318.20Cr (↑8.36%)
Net Income₹242.80Cr (-)₹229.20Cr (↓5.60%)₹139.30Cr (↓39.22%)₹233.60Cr (↑67.70%)₹255.90Cr (↑9.55%)
Net Profit Margin10.45% (-)9.72% (↓6.99%)5.80% (↓40.33%)7.63% (↑31.55%)7.71% (↑1.05%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,264.10Cr (-)₹3,255.60Cr (↑43.79%)₹3,814.10Cr (↑17.16%)₹4,519.30Cr (↑18.49%)
Total Liabilities₹459.00Cr (-)₹1,049.50Cr (↑128.65%)₹1,198.80Cr (↑14.23%)₹1,207.10Cr (↑0.69%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹227.90Cr (-)₹485.00Cr (↑112.81%)₹388.70Cr (↓19.86%)₹75.80Cr (↓80.50%)₹295.30Cr (↑289.58%)

Coforge Index Inclusions

Nifty Midcap Sel

₹12,195.00

-0.04 (-5.4%)

BSE Tech

₹17,282.58

0.76 (130.79%)

Nifty Midcap 100

₹54,587.95

0.27 (147.7%)

BSE 200

₹10,986.45

0.04 (4.25%)

S&P BSE 150 MidCap

₹14,998.79

0.26 (38.88%)

Nifty Midcap Liquid 15

₹14,055.80

0.18 (25.45%)

S&P BSE 400 MidSmallCap

₹11,199.56

0.25 (27.99%)

Nifty LargeMidcap 250

₹15,416.05

0.1 (15.35%)

BSE 500

₹34,785.55

0.06 (19.76%)

Nifty 200

₹13,469.00

0.03 (4.4%)

Nifty Midcap 150

₹20,009.05

0.21 (42.35%)

Nifty Midcap 50

₹15,442.30

0.24 (37.35%)

S&P BSE 250 LargeMidCap

₹10,387.30

0.04 (4.03%)

Nifty MidSmallcap 400

₹18,431.30

0.21 (38.8%)

S&P BSE MidCap Select

₹15,808.18

0.18 (28.66%)

BSE IT Sector

₹35,243.27

1.13 (392.6%)

NIFTY IT

₹35,920.40

1.23 (437.45%)

BSE Mid-Cap

₹43,194.16

0.23 (97.15%)

Nifty 500

₹22,112.40

0.05 (10.55%)

Coforge Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
40.21%
0.00
Mutual Funds
36.92%
0.00
Retail Investors
9.85%
0.00
Others
13.02%
0.00

Coforge Key Indicators

Details20202021202220232024
Book Value Per Share (₹)383.44406.95448.78504.5586.83
Details20202021202220232024
Earning Per Share (₹)74.8276.9117.36121.95135.21
Details20202021202220232024
Return On Equity %18.6912.6932.1430.3933.46
Details20202021202220232024
Return On Assets %18.8220.1220.3218.1917.88

Coforge Valuation

Coforge in the last 5 years

  • Overview

  • Trends

Lowest (12.30x)

March 23, 2020

Industry (32.32x)

April 29, 2025

Today (62.52x)

April 29, 2025

Highest (80.99x)

January 2, 2025

LowHigh

Coforge Earnings and Dividends

  • Coforge Ltd Earnings Results

    Coforge Ltd’s net profit fell -9.45% since last year same period to ₹215.50Cr in the Q3 2024-2025. On a quarterly growth basis, Coforge Ltd has generated 6.58% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Coforge Ltd Dividends January,2025

    In the quarter ending December 2024, Coforge Ltd has declared dividend of ₹19 - translating a dividend yield of 1.02%.

    Read More about Dividends

Coforge Technicals Summary

Bearish

Neutral

Bullish

Bullish

Coforge Ltd is currently in a Bullish trading position according to technical analysis indicators.

Coforge Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹50,058.82 Cr104.39%0.57₹835 Cr₹9,179 Cr
BUY₹22,764.62 Cr93.18%0.50₹297 Cr₹1,842 Cr
SELL₹35,900.57 Cr123.59%0.55NANA
HOLD₹84,221.34 Cr435.55%0.52₹1,093 Cr₹9,821 Cr
HOLD₹44,312.77 Cr47.76%0.56₹1,306 Cr₹9,647 Cr

About Coforge

Coforge Limited is a leading provider of Information Technology solutions, offering Application Development and Maintenance, Managed Services, Cloud Computing, and Business Process Outsourcing to organizations across various sectors. Incorporated in 1992 as NIIT Technologies Limited, the company has evolved into a world class business, maintaining ISO 27001 standards and SEI CMMI Level 5 Version 1.2 certification. It has development centres around the world from New Delhi to London and Singapore. In 2002, NIIT Technologies became its own entity with restructuring and shortly after entered the Managed Services space. In 2008, the company launched its unique Fleet Management System and received numerous awards, including the ‘Banking and Finance ICT Innovation Award for Belgium/Luxembourg’. In 2015, Coforge Limited expanded into Latin America and Ireland, opened a Delivery Centre in Greater Noida and acquired a majority stake in Incessant Technologies. Over the years, the company has been enhancing its portfolio of services, offering Value Added Application Services in Software as a Service mode and investing in its advanced analytics platform. Some of the notable milestone projects include a Rs. 3440 million contract with the Airports Authority of India, setting up state-of-the-art Airport Operations Control Centers across 10 cities, and a multi-year contract with the national airline of Ireland. In 2021, Coforge Limited completed an acquisition of majority stake in M/s SLK Global Solutions Private Limited. The company is committed to helping their clients stay competitive by leveraging its innovative capabilities and domain expertise.

Revenue: ₹3,318.20Cr as on December 2024 (Q4 24)
Net Profit: ₹255.90Cr as on December 2024 (Q4 24)
Listing date: 30 Aug, 2004
Chairperson Name: Basab Pradhan
OrganisationCoforge
Headquarters
IndustryIT - Software
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FAQs on Coforge Ltd

What is Coforge Ltd price today?

Coforge Ltd share price today stands at ₹7485, Open: ₹7456, Previous Close: ₹7377.5, High: ₹7555, Low: ₹7350.5, 52 Week High: ₹10026.8, 52 Week Low: ₹4287.25.

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What are today's traded volumes of Coforge Ltd?

Today's traded volume of Coforge Ltd(COFORGE) is 5.70L.

What is today's market capitalisation of Coforge Ltd?

Today's market capitalisation of Coforge Ltd(COFORGE) is ₹50058.82Cr.

What is the 52 Week High and Low Range of Coforge Ltd?

Coforge Ltd (COFORGE)
Price
52 Week High
₹10026.8
52 Week Low
₹4287.25

How much percentage Coforge Ltd is down from its 52 Week High?

Coforge Ltd (COFORGE) share price is ₹7485. It is down -25.35% from its 52 Week High price of ₹10026.8

How much percentage Coforge Ltd is up from its 52 Week low?

Coforge Ltd (COFORGE) share price is ₹7485. It is up 74.59% from its 52 Week Low price of ₹4287.25