Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Coforge Ltd Performance

Today's Low
5,091.05
arrowIcon
Today's High
5,177.20
52 Wk Low
3,770.05
arrowIcon
52 Wk High
6,847.45


Open

5175

Traded Value (Cr)

174.78 Cr

Prev. Close

5206.9

VWAP

5126.22

Volume

5,31,498

Face Value

10

Coforge Ltd Fundamentals

Market Cap
₹ 35,227 Cr
P/E Ratio (TTM)
47.87
P/B Ratio
10.59
Debt to Equity
0.36
ROE
20.72 %
EPS (TTM)
119.05
Dividend Yield
1.11%
Book Value
538.27

Click here to know more about Fundamentals

Coforge Ltd F&O

Coforge Ltd Option Chain

Coforge Ltd Financials

Coforge Ltd Financials

Coforge Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Mutual Funds 41.68 % 42.77 % 42.29 % 27.73 %
FII 35.00 % 34.04 % 34.36 % 24.78 %
Others 15.95 % 16.02 % 15.95 % 12.80 %
Retail 7.37 % 7.17 % 7.40 % 8.05 %
Promoters 0.00 % 0.00 % 0.00 % 26.63 %

Mutual Funds

41.68%

FII

35.00%

Others

15.95%

Retail

7.37%

Promoters

0.00%

Mutual Funds

42.77%

FII

34.04%

Others

16.02%

Retail

7.17%

Promoters

0.00%

Mutual Funds

42.29%

FII

34.36%

Others

15.95%

Retail

7.40%

Promoters

0.00%

Mutual Funds

27.73%

FII

24.78%

Others

12.80%

Retail

8.05%

Promoters

26.63%

Resistance and Support

₹5,254.63

PIVOT

resistance-arrow
Resistance
First Resistance₹5,309.267
Second Resistance₹5,408.633
Third Resistance₹5,463.267
support-arrow
Support
First Resistance₹5,155.267
Second Resistance₹5,100.633
Third Resistance₹5,001.267
RSI31.431
MACD-131.358
ADX47.970
CCI-221.019

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day531,498163,49647.88
Week498,364305,96959.80
1 Month441,447208,72548.41
6 Months531,498236,25644.45

About Coforge Ltd

Coforge Limited was originally incorporated as Public Limited Company on May 13th, 1992 under the name 'NIIT Technologies Limited'. On 14 June 2020, Shareholders of the Company approved the proposed change in name of the Company from 'NIIT Technologies Limited' to 'Coforge Limited' and consequently, name of the Company was changed from 'NIIT Technologies Limited' to 'Coforge Limited' w.e.f. 03 August 2020. Coforge is a global digital services and business solutions provider with in-depth domain expertise that specializes in selected industry verticals. The Company delivers services around the world directly and through its network of subsidiaries and overseas branches. Presently, it is rendering Information Technology solutions and is engaged in Application Development and Maintenance, Managed Services, Cloud Computing and Business Process Outsourcing to organizations in a number of sectors viz. Financial Services, Insurance, Travel, Transportation and Logistics, Manufacturing and Distribution and Government. The Company is certified in accordance to the ISO 27001 standard and also assessed at SEI CMMI - Level 5 Version 1.2. The Company has world-class development centres at New Delhi, Kolkata, Mumbai, Bangalore, Atlanta, London and Singapore. The company delivers services around the world directly and through its network of subsidiaries and overseas branches. The company also has a sound Business Continuity Plan in place that can address any natural or accidental disasters at its development and operation centres. The year 2002 marked a significant milestone for NIIT's software arm for the first time, it notched up revenues higher than that of the education division. This triggered the move to establish NIIT Technologies as a separate company. A restructuring exercise initiated in 2003, resulted in the creation of NIIT Technologies in June 2004. The company's commitment to quality and adherence to global standards has further strengthened its credentials among discerning customers. NIIT Technologies was among the early few software companies to upgrade its ISO certification to ISO9001: 2000. Subsequent re-certifications have been completed in 2003 and 2006. The formal assessment for HR practices was done in 2004 for Level 3 practices and in 2005 for Level 5. In February of the year 2006, the company formally made its foray into the Managed Services space to enhance its portfolio of services offerings. In February of the year 2006, the company formally made its foray into the Managed Services space to enhance its portfolio of services offerings. During the same year 2006, a joint venture company 'ADECCO NIIT Technologies Private Limited' was incorporated in which the company is 50% JV partner. Inorganic growth, an important element of the growth strategy of NIIT Technologies, received fresh impetus during 2006-07, when the company acquired ROOM Solutions, a leading name in the Insurance market in the UK. The Company had ranked in ET 500, 2007 among the Top 20 wealth creator companies of India. During the year 2007-08, the company was felicitated with numerous awards. The company was presented the prestigious Banking & Finance ICT Innovation Award for Belgium/Luxembourg, along with the KBC bank. During the same period 2007-08, the company had obtained the official project completion signoff for the prestigious and operationally critical Comprehensive Maintenance Management System (CMMS) of the Indian Navy, which was executed at the Western Navy Headquarters of the Indian Navy at Mumbai by the Delivery Team of the India (Government) line of business in the APAC and India Business Unit. NIIT Technologies ranked No. 1 in the prestigious Black Book of Outsourcing 2008 Travel Industry user survey. The Company made a partnership with the Centre for Development of Advanced Computing (C-DAC), Noida in March of the year 2008, to offer value added application services through the Software as a Service mode of delivery. As at August 2008, NIIT Technologies launched its unique Fleet Management System (FMS) Solution Accelerator in keeping with its focus to address the growing public, passenger transportation and trucking business for logistics support. The total number of new clients added during the year 2014 under review stood at 16; these included several multi-million dollar and multi-year deals in both international and domestic markets, including business worth $300 million from a top BFSI client, a Rs. 3440 million contract with the Airports Authority of India (AAI) to set up state-of-the-art Airport Operations Control Centers (AOCCs) across 10 cities, and two contracts over $25 million (secured during the last quarter of the year) from existing BFSI clients in the US. The financial year 2014 also saw NIIT Technologies foray into two new geographies, Latin America and Ireland. In Latin America, the Company entered into an engagement with GRU Aeroporto Internacional de So Paulo (Sao Paolo International Airport) in Brazil to implement and transform the Cargo Handling system at that airport. This has further expanded the Company's presence within the Airports sub-segment of its Travel & Transportation vertical. It also reflects the Company's ability to leverage its Spanish operations created after the earlier acquisition of Proyecta Sistemas de Informacion S.A. (Proyecta) as a gateway to Spanish-speaking countries in Latin America. In Ireland, the Company entered into a multi-year contract with the national airline there and opened a new global delivery centre at its Greater Noida campus (an SEZ facility) to provide a range of services from Business Intelligence and Service-Oriented Architecture (SOA) Testing to Responsive Website Development and Migration.The Company made substantial progress in its implementation of the Airports Operations Control Centre for the Airports Authority of India (AAI), with successful go-live across multiple airports during the year 2015. This programme is the first multi-airport installation in Asia, which is aimed at enabling information sharing across these airports instantly and hence benefits AAI, airlines, as well as other stakeholders at those airports. In May 2015, the Company made its foray into the high opportunity area of Digital Integration by acquiring 51% stake in Incessant Technologies, a global BPM specialist sharply focused on enabling its clients to automate and integrate back end systems with a digital front end. This acquisition provides NIIT Technologies with the capability to be a significant player in the Digital Integration space with Digitization and Automation of business processes for seamless customer experience, and also enables the Company to reinforce its position in the BSFI vertical across geographies including North America, Europe, and Australia. As a responsive, customer-centric organization, NIIT Technologies keeps evaluating opportunities where it can leverage its innovative capabilities and domain expertise to make its clients more competitive. In line with this approach, in FY2015 the Company invested in and launched +ADVANTAGE suite, a next generation platform designed to support growth and underwriting profitability of Commercial Insurance firms. The newly launched +ADVANTAGE suite's highly configurable business-user led platform readily adapts to the needs of specific classes of business, allowing new lines to be brought to market quickly. During the year 2015, NIIT Technologies made significant progress in the transformation of its sales and marketing activity in line with the corporate agenda, with major improvements in internal processes as well as induction of fresh talent into the organization. The Company now has a new global marketing head, supported by new marketing heads in each of its key geographies - North America, Europe, and Asia-Pacific. It also added new sales heads in the both the US and Europe for the Travel & Transportation vertical. In addition to that, the company inducted new heads to lead its sales efforts in the BFS and Insurance segments in the US. In addition to the induction of fresh talent into its sales and marketing functions, the Company has reinforced its senior leadership team with a new head for its European business. During the year 2016, the Company completed some key flagship digital experience projects for several clients and secured multiple new Digital engagements. In addition to that, it expanded the capability of its advanced analytics platform Digital Foresight. Towards this end, the Company has partnered with UiPath; a Software Company that specializes in Robotic Process Automation (RPA). During FY 2018, the Company acquired controlling interest in RuleTek; a BPM architecture services company with a track record of successful implementations for Fortune 500 companies. In 2019, Company acquired majority stake in WHISHWORKS IT Consulting, an IT services and consulting company specializing in MuleSoft and Big Data technologies. It opened a new location at Princeton, NJ In year 2021, Company acquired M/s SLK Global Solutions Private Limited (the Investee Company)on April 12, 2021. During the year 2023, two new step down subsidiary companies, Coforge Solution Pvt. Ltd., India and Coforge Japan GK, Japan were incorporated. The Company launched ELEVATE- Navigating Leadership Transitions in building the mindsets and skill sets for role effectiveness.

Managing Director

Founded

1992

NSE Symbol

COFORGE

Coforge Ltd Management

NameDesignation
Ashwani PuriIndependent Director
Basab PradhanChairperson and Independent Di
Hari GopalakrishnanDirector
Cheong Tuck Kuen KennethDirector
Patrick John CordesDirector
Kriti Ram HariharanDirector
Sudhir SinghExecutive Director & CEO
Barkha SharmaCompany Sec. & Compli. Officer
Mary Beth BoucherIndependent Director

Coforge Ltd News

Coforge bags ServiceNow 2024 Emerging Industry Partner of the Year – Worldwide award
Coforge Ltd soars 2.87%
Coforge Ltd is quoting at Rs 5825, up 2.87% on the day as on 12:49 IST on the NSE. The stock is up 42.8% in last one year as compared to a 28.03% spurt in NIFTY and a 21.8% spurt in the Nifty IT index.
Coforge schedules EGM
On 12 April 2024
Coforge Ltd leads losers in 'A' group
Maharashtra Seamless Ltd, Gujarat Pipavav Port Ltd, Relaxo Footwears Ltd and Jindal Saw Ltd are among the other losers in the BSE's 'A' group today, 18 March 2024.
Coforge to raise Rs 3,200 cr via QIP
The IT company announced that its board has approved a proposal to raise funds upto Rs 3,200 crore through qualified institutional placement (QIP).
Coforge announces board meeting date
On 16 March 2024
Coforge allots 16,631 equity shares under ESOP
Coforge to convene board meeting
On 2 May 2024
Coforge Ltd rises for third consecutive session
Coforge Ltd is quoting at Rs 6802, up 2.05% on the day as on 12:49 IST on the NSE. The stock is up 56.89% in last one year as compared to a 24.14% spurt in NIFTY and a 23.23% spurt in the Nifty IT index.
Coforge allots 26,509 equity shares under ESOP

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
TCS₹ 13,84,352 Cr
₹ 3,826.20
(-0.93 %)
31.27
INFY₹ 5,85,791 Cr
₹ 1,411.25
(-0.56 %)
21.52
HCLTECH₹ 3,92,803 Cr
₹ 1,447.50
(-1.32 %)
33.42
WIPRO₹ 2,36,573 Cr
₹ 452.75
(1.89 %)
26.48
LTIM₹ 1,38,028 Cr
₹ 4,660.55
(-0.78 %)
30.79

Coforge Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Coforge Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Coforge Ltd's share price is ₹5,118.15 as of April 19, 2024

Coforge Ltd's P/E ratio is 47.87 times as of April 19, 2024.

Coforge Ltd's most recent financial reports indicate a price-to-book ratio of 10.59, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Coforge Ltd's market is 35,228 Cr as on April 19, 2024.

The current financial records of Coforge Ltd show a 20.72% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Coforge Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Coforge Ltd's 52-week high and low as of April 19, 2024 are ₹5177.2 and ₹5091.05 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Coforge Ltd stands at 0.00%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 34.04% to 35.00%.