# Coforge (COFORGE) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/coforge

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,076
- Change: -0.14%
- As of: 2026-11-06
- 1D return: -0.14%
- 5D return: +1.52%
- 1M return: +14.42%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

COFORGE (₹2,076) is trading in a strong uptrend across daily, weekly, and monthly timeframes, with price positioned above all key moving averages and the Supertrend indicator. However, trend conviction on the daily chart is weak (ADX 14.97), suggesting consolidation rather than aggressive momentum. The stock is near its upper range boundaries (+83.6% of the 20-day range, +95.4% of the 252-day range), indicating limited upside room without a breakout. Recent volatility is elevated, marked by an extreme volume-driven move on 2026-10-26 (+4.9%) and a downward gap on 2026-10-28 (-1.8%). Today’s formation of an active Outside Bar suggests indecision or potential reversal after the recent highs. Resistance is immediate at ₹2,089.4 (pivot, +0.65%), while support lies at ₹2,059.8 (-0.78%). A break below ₹2,059.8 could invalidate the short-term bullish structure, whereas a close above ₹2,089.4 would confirm renewed upward participation.

- Trend: Bullish across all timeframes, but daily trend strength is weak (ADX 14.97); monthly trend is established (ADX 29.1).
- Price Position: Trading near upper range extremes (+83.6% of 20-day, +95.4% of 252-day), limiting immediate upside.
- Key Levels: Immediate resistance at ₹2,089.4 (+0.65%); immediate support at ₹2,059.8 (-0.78%).
- Volatility & Risk: High annualized volatility (+39.1%); recent anomalies include an extreme volume spike on 2026-10-26 and a gap down on 2026-10-28.

- Outside Bar
- Shooting Star
- Doji
- Bearish Engulfing Reversal
- Bullish Engulfing Reversal

### News Context

Coforge has advanced its artificial intelligence capabilities by joining the SpaceX Super Intelligence Partner Network as a Transformation Partner, effective November 6, 2026. This partnership enables Coforge to deploy the Grok AI portfolio across enterprise operations using its Forward Deployed Engineering unit and Nuuron platform, targeting outcomes in software modernisation and workflow automation.

Market sentiment remains positive, with Coforge hitting fresh record highs in both October and November 2026 after breaking out of a two-month consolidation phase. Brokerage firms have highlighted this momentum: Globe Capital Markets included Coforge in its top Diwali picks on November 5, projecting 22–34% upside driven by AI-led productivity gains. Similarly, Nuvama Wealth selected Coforge for Muhurat Trading on November 4, citing attractive valuations and improving risk-reward prospects. Technical analysts suggest sustained upward momentum, with targets above ₹2,200 and immediate support levels identified between ₹1,810 and ₹1,940.

- Strategic Partnership: Joined SpaceX’s Super Intelligence Partner Network on November 6, 2026, to deploy Grok AI via Forward Deployed Engineering and Nuuron platforms for enterprise software modernisation.
- Price Action: Stock hit fresh record highs in October and November 2026, breaking a two-month consolidation range; technical experts target levels above ₹2,200 with support at ₹1,810–₹1,940.
- Brokerage Outlook: Globe Capital Markets (Nov 5) projected 22–34% upside based on AI-led productivity drivers, while Nuvama Wealth (Nov 4) cited attractive valuations and extreme bearish foreign-investor positioning as catalysts.

- [Coforge joins SpaceX Super Intelligence Network to deploy Grok AI across enterprises](https://www.businesstoday.in/markets/stocks/story/coforge-joins-spacex-super-intelligence-network-to-deploy-grok-ai-across-enterprises-566162-2026-11-06)
- [Stock Radar: Coforge stock hits fresh record high in November 2026; will the rally continue?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-november-2026-will-the-rally-continue/articleshow/135574557.cms)
- [Stocks to buy: Adani Power, Bajaj Finance, Coforge among Globe Capital's top Diwali picks](https://www.businesstoday.in/markets/stocks/story/stocks-to-buy-adani-power-bajaj-finance-coforge-among-globe-capitals-top-diwali-picks-565965-2026-11-05)
- [Diwali 2026: Stocks to buy for Samvat 2083: Adani Energy, Coforge, PNB, Zydus, KDDL - 5 shares for Muhurat Trading](https://www.livemint.com/market/stock-market-news/diwali-2026-stocks-to-buy-for-samvat-2083-adani-energy-coforge-pnb-zydus-kddl-5-shares-for-muhurat-trading-11793785141234.html)
- [Stock Radar: Coforge stock hits fresh record high in October; will the rally continue in November 2026?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-october-will-the-rally-continue-in-november-2026/articleshow/135464719.cms)

### What Changed

Coforge (NSE: COFORGE) has materially expanded its artificial intelligence capabilities by joining the SpaceX Super Intelligence Partner Network as a Transformation Partner, announced on November 6, 2026. This partnership enables the firm to deploy the Grok AI portfolio into enterprise production workflows using its Momentuum blue Forward Deployed Engineering unit and Coforge Nuuron suite, aiming for software modernization and workflow automation. Concurrently, the stock reached fresh record highs in November 2026, breaking out of a two-month consolidation phase. As of the observation date, the share price stood at ₹2,076, up from ₹2,060, with immediate support noted at ₹1,940. On the governance front, Coforge filed notices on November 5, 2026, regarding a postal ballot seeking shareholder approval for the appointment of Mr. Akhil Kumar Gupta as an Independent Director for a five-year term ending September 28, 2031. E-voting opened on November 6, 2026, and closes on December 5, 2026.

- New Partnership: Joined SpaceX Super Intelligence Partner Network on November 6, 2026, to deploy Grok AI via Momentuum blue and Nuuron platforms.
- Price Action: Stock hit fresh record highs in November 2026; current price is ₹2,076 (up from ₹2,060), with support at ₹1,940.
- Governance Filing: Postal ballot notice dispatched on November 5, 2026, for appointing Mr. Akhil Kumar Gupta as Independent Director; e-voting runs until December 5, 2026.

- [Coforge joins SpaceX Super Intelligence Network to deploy Grok AI across enterprises](https://www.businesstoday.in/markets/stocks/story/coforge-joins-spacex-super-intelligence-network-to-deploy-grok-ai-across-enterprises-566162-2026-11-06)
- [Stock Radar: Coforge stock hits fresh record high in November 2026; will the rally continue?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-november-2026-will-the-rally-continue/articleshow/135574557.cms)
- [Stocks to buy: Adani Power, Bajaj Finance, Coforge among Globe Capital's top Diwali picks](https://www.businesstoday.in/markets/stocks/story/stocks-to-buy-adani-power-bajaj-finance-coforge-among-globe-capitals-top-diwali-picks-565965-2026-11-05)
- [Coforge Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Coforge Joins SpaceX Super Intelligence Partner Network to Take Grok into Enterprise Production". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125315_IntimationofPressReleasellNovember062026signed.pdf)
- [Coforge Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125502_CoforgePostalBallotPublicationsigned.pdf)
- [Coforge Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/COFORGE_05112026211157_SignedPostalBallotNoticeIntimation.pdf)
- [COFORGE LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2213_WebXMLFile_20261105_213419214.xml)

### Official Filings

Coforge Limited has filed multiple disclosures with the NSE and BSE in early November 2026, highlighting strategic product launches and governance updates. On November 6, the company announced its entry into the SpaceX Super Intelligence Partner Network as a Transformation Partner, aiming to deploy Grok into enterprise workflows via its Momentuum FDE unit. This follows recent product announcements for BridgeCX (November 3) and the Autonomous Software Factory (October 29), indicating a continued focus on AI-driven software solutions.

On the governance front, Coforge intimated the dispatch of a Postal Ballot Notice on November 5, seeking shareholder approval for the appointment of Mr. Akhil Kumar Gupta as an Independent Director. The Board had previously approved this appointment on September 28, 2026. Remote e-voting is scheduled from November 6 to December 5, 2026, with results expected by December 7, 2026. If approved, Mr. Gupta’s tenure will run for five years, ending September 28, 2031, including provisions for continuation past the age of 75.

Additionally, on October 29, Coforge reported the allotment of 24,242 equity shares under its ESOP (2005) scheme. Following this allotment, the paid-up share capital increased to Rs. 88,61,25,728, comprising 44,30,62,864 equity shares of face value Rs. 2 each. The company is currently completing issue and listing formalities for these shares.

- Strategic Partnership: Joined SpaceX Super Intelligence Partner Network as a Transformation Partner on November 6, 2026, to assist enterprises in deploying Grok using Momentuum FDE and Nuuron suite.
- Governance Update: Postal Ballot for appointing Mr. Akhil Kumar Gupta as Independent Director is open for e-voting from November 6 to December 5, 2026; results due by December 7, 2026.
- Director Tenure: Proposed term for Mr. Gupta is five years (September 29, 2026, to September 28, 2031), with a special resolution sought for continuation past age 75.
- Capital Structure: Paid-up share capital stands at Rs. 88,61,25,728 (44,30,62,864 shares) following the allotment of 24,242 ESOP shares on October 29, 2026.

- [Coforge Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Coforge Joins SpaceX Super Intelligence Partner Network to Take Grok into Enterprise Production". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125315_IntimationofPressReleasellNovember062026signed.pdf)
- [Coforge Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125502_CoforgePostalBallotPublicationsigned.pdf)
- [Coforge Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/COFORGE_05112026211157_SignedPostalBallotNoticeIntimation.pdf)
- [COFORGE LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2213_WebXMLFile_20261105_213419214.xml)
- [Coforge Limited has informed the Exchange regarding a press release dated November 03, 2026, titled " Coforge Launches BridgeCX Real-Time Personalization Solution Built on Pega Customer Decision Hub and Mastercard Dynamic Yield. ". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_03112026104435_SignedIntimationofPressReleasellNov032026.pdf)
- [Integrated Filing- Financials|Revision|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1751793_03112026040619_WEB.xml)
- [Integrated Filing- Financials|Revision|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1751792_03112026040614_WEB.xml)
- [Coforge Limited has informed the Exchange regarding a press release dated October 29, 2026, titled " Coforge Introduces Autonomous Software Factory for the Era of Agentic Software Development. ". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_29102026101428_IntimationofPressReleasellOctober292026.pdf)
- [Coforge Limited has informed the Exchange regarding Allotment of 24242 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/COFORGE_29102026164735_SignedIntimation184.pdf)
- [Coforge Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2213_WebXMLFile_20261029_165417469.xml)

### Fundamentals

Coforge demonstrates a significant acceleration in operating trajectory, with TTM sales rising 42% and net profit surging 92%. The latest quarter (Sep 2026) recorded robust YoY sales growth of 54%, driving EPS to ₹13.27. However, earnings quality faces pressure from rising interest costs, which jumped to ₹108 crore in Q2 FY26-27, and negative other income of -₹31 crore, indicating non-operating headwinds. Balance sheet expansion is aggressive; total assets more than doubled to ₹34,780 crore by Sep 2026, supported by a rise in borrowings to ₹6,026 crore. While cash conversion efficiency dipped to 76% in Mar 2026, the company maintains strong liquidity with cash reserves at ₹1,822 crore. Institutional ownership has shifted, with FIIs reducing stakes to 24.75% while DIIs hold 43.79%, amidst a growing retail shareholder base.

- Revenue and Profit Acceleration: TTM sales grew 42% and net profit surged 92%; Sep 2026 quarterly sales rose 54% YoY to ₹6,171 crore.
- Margin Pressure Signals: Interest expenses tripled to ₹108 crore in Sep 2026, and other income turned negative (-₹31 crore), offsetting operating gains.
- Aggressive Balance Sheet Expansion: Total assets increased to ₹34,780 crore (from ₹13,590 crore in Sep 2025), driven by fixed asset growth to ₹23,592 crore and borrowings rising to ₹6,026 crore.
- Ownership Shift: FII holding declined to 24.75% in Sep 2026 from 42.09% in Sep 2024, while DII holding settled at 43.79%.

### Bull Case

Coforge presents a constructive case anchored by strong technical momentum and strategic positioning in artificial intelligence. The stock hit fresh record highs in November 2026, breaking out of a two-month consolidation phase, with the NSE closing at ₹2,076.0 on 2026-11-06. Technical indicators across daily, weekly, and monthly timeframes show bullish supertrend directions, supporting sustained upward momentum. Strategically, Coforge has joined the SpaceX Super Intelligence Partner Network as a Transformation Partner to deploy Grok AI applications, leveraging its Forward Deployed Engineering unit and Nuuron platform for enterprise workflow automation. This partnership highlights a tangible shift toward high-growth AI-led productivity. Brokerage firms including Globe Capital Markets and Nuvama Wealth have identified Coforge as a top Diwali pick, citing strong earnings growth drivers and attractive valuations relative to extreme bearish foreign-investor positioning. While the stock faces near-term resistance around ₹2,089–₹2,108, the structural integration of AI capabilities provides a clear conditional upside path if execution delivers measurable business outcomes.

- Technical Breakout: Stock reached fresh record highs in November 2026 after consolidating for over a month; daily, weekly, and monthly supertrends are all bullish, with immediate support at ₹1,940 and resistance near ₹2,089–₹2,108.
- AI Partnership Catalyst: Joined SpaceX’s Super Intelligence Partner Network to deploy Grok AI via the Nuuron platform, targeting software modernisation and workflow automation for enterprise clients.
- Institutional Support: Selected by Globe Capital Markets and Nuvama Wealth as top Diwali picks, citing AI-led productivity and structural demand, with projected upside of 22–34 per cent for the basket.
- Market Context: Extreme bearish foreign-investor positioning creates potential for mean reversion gains, supported by improving risk-reward prospects noted by wealth managers.

- [Coforge joins SpaceX Super Intelligence Network to deploy Grok AI across enterprises](https://www.businesstoday.in/markets/stocks/story/coforge-joins-spacex-super-intelligence-network-to-deploy-grok-ai-across-enterprises-566162-2026-11-06)
- [Stock Radar: Coforge stock hits fresh record high in November 2026; will the rally continue?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-november-2026-will-the-rally-continue/articleshow/135574557.cms)
- [Stocks to buy: Adani Power, Bajaj Finance, Coforge among Globe Capital's top Diwali picks](https://www.businesstoday.in/markets/stocks/story/stocks-to-buy-adani-power-bajaj-finance-coforge-among-globe-capitals-top-diwali-picks-565965-2026-11-05)
- [Diwali 2026: Stocks to buy for Samvat 2083: Adani Energy, Coforge, PNB, Zydus, KDDL - 5 shares for Muhurat Trading](https://www.livemint.com/market/stock-market-news/diwali-2026-stocks-to-buy-for-samvat-2083-adani-energy-coforge-pnb-zydus-kddl-5-shares-for-muhurat-trading-11793785141234.html)
- [Stock Radar: Coforge stock hits fresh record high in October; will the rally continue in November 2026?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-october-will-the-rally-continue-in-november-2026/articleshow/135464719.cms)
- [Coforge Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Coforge Joins SpaceX Super Intelligence Partner Network to Take Grok into Enterprise Production". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125315_IntimationofPressReleasellNovember062026signed.pdf)
- [Coforge Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125502_CoforgePostalBallotPublicationsigned.pdf)
- [Coforge Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/COFORGE_05112026211157_SignedPostalBallotNoticeIntimation.pdf)
- [COFORGE LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2213_WebXMLFile_20261105_213419214.xml)
- [Coforge Limited has informed the Exchange regarding a press release dated November 03, 2026, titled " Coforge Launches BridgeCX Real-Time Personalization Solution Built on Pega Customer Decision Hub and Mastercard Dynamic Yield. ". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_03112026104435_SignedIntimationofPressReleasellNov032026.pdf)

### FAQs

**What recent strategic partnership has Coforge announced, and what is its operational scope?**

On November 6, 2026, Coforge joined the SpaceX Super Intelligence Partner Network as a Transformation Partner. The company will deploy the Grok AI portfolio across enterprise operations using its Forward Deployed Engineering unit and Nuuron platform to integrate applications into client infrastructure.

**How has Coforge's stock price performed recently, and what are the key technical levels?**

Coforge hit fresh record highs in November 2026, closing at ₹2,076.0 on November 6. Technical indicators show a bullish trend with immediate support at ₹1,940 and resistance near ₹2,089.4. Year-to-date returns stand at +25.4%, while the 6-month return is +62.1%.

**Are there any upcoming shareholder votes or governance changes to monitor?**

A postal ballot for the appointment of Mr. Akhil Kumar Gupta as an Independent Director opened on November 6, 2026, and closes on December 5, 2026. If approved via special resolution, his five-year term runs from September 29, 2026, to September 28, 2031.

**What new product solutions has Coforge launched recently?**

On November 3, 2026, Coforge launched BridgeCX, a customer engagement solution built on Pega Customer Decision Hub and integrated with Mastercard Dynamic Yield. This aims to connect decisioning with real-time digital personalization across customer touchpoints.

- [Coforge joins SpaceX Super Intelligence Network to deploy Grok AI across enterprises](https://www.businesstoday.in/markets/stocks/story/coforge-joins-spacex-super-intelligence-network-to-deploy-grok-ai-across-enterprises-566162-2026-11-06)
- [Stock Radar: Coforge stock hits fresh record high in November 2026; will the rally continue?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-november-2026-will-the-rally-continue/articleshow/135574557.cms)
- [Stocks to buy: Adani Power, Bajaj Finance, Coforge among Globe Capital's top Diwali picks](https://www.businesstoday.in/markets/stocks/story/stocks-to-buy-adani-power-bajaj-finance-coforge-among-globe-capitals-top-diwali-picks-565965-2026-11-05)
- [Diwali 2026: Stocks to buy for Samvat 2083: Adani Energy, Coforge, PNB, Zydus, KDDL - 5 shares for Muhurat Trading](https://www.livemint.com/market/stock-market-news/diwali-2026-stocks-to-buy-for-samvat-2083-adani-energy-coforge-pnb-zydus-kddl-5-shares-for-muhurat-trading-11793785141234.html)
- [Stock Radar: Coforge stock hits fresh record high in October; will the rally continue in November 2026?](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-october-will-the-rally-continue-in-november-2026/articleshow/135464719.cms)
- [Coforge Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Coforge Joins SpaceX Super Intelligence Partner Network to Take Grok into Enterprise Production". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125315_IntimationofPressReleasellNovember062026signed.pdf)
- [Coforge Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125502_CoforgePostalBallotPublicationsigned.pdf)
- [Coforge Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/COFORGE_05112026211157_SignedPostalBallotNoticeIntimation.pdf)
- [COFORGE LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2213_WebXMLFile_20261105_213419214.xml)
- [Coforge Limited has informed the Exchange regarding a press release dated November 03, 2026, titled " Coforge Launches BridgeCX Real-Time Personalization Solution Built on Pega Customer Decision Hub and Mastercard Dynamic Yield. ". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/COFORGE_03112026104435_SignedIntimationofPressReleasellNov032026.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹2,089.4
- Risk regime: Price Risk Requires Attention

### Support levels
- 1821.421875
- 1780.0125
- 1717.21875

### Resistance levels
- 2108.6000000000004
- 2138.2000000000003
- 2157.4000000000005

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.14% |
| return_10 | +9.23% |
| return_1m | +12.23% |
| return_1y | +17.69% |
| return_20 | +14.42% |
| return_3m | +17.10% |
| return_5 | +1.52% |
| return_6m | +62.14% |
| return_since_start | +7.80% |
| return_ytd | +25.38% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -45.71% |
| annualized_volatility | +39.06% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Coforge Limited FY2026-27 Q2: Revenue and profit rise sequentially

Coforge’s consolidated revenue from operations rose 11.6% QoQ to ₹6,171 crore in Q2 FY2026-27, while profit before tax increased 13.8% to ₹799 crore. Revenue was up 54.8% YoY and profit before tax rose 43.1%; the quarter also saw substantial increases in reported assets, goodwill and borrowings compared with 31 March 2026.

## Revenue and profit increase

Revenue from operations rose for each of the past four reported quarters, from ₹4,188 crore in Q3 FY2025-26 and ₹4,450 crore in Q4 FY2025-26 to ₹5,528 crore in Q1 FY2026-27 and ₹6,171 crore in Q2 FY2026-27. Total income reached ₹6,195 crore, up 11.5% QoQ from ₹5,555 crore in Q1.

Expenses increased 11.3% QoQ to ₹5,341 crore from ₹4,797 crore. Profit before tax rose to ₹799 crore from ₹702 crore, while profit for the period increased 13.8% to ₹605 crore from ₹532 crore. Comprehensive income rose 15.5% to ₹779 crore.

Basic earnings per share were ₹13.27, up 7.5% from ₹12.34 in Q1 FY2026-27, a slower increase than profit for the period.

## Finance costs and borrowings

Finance costs increased 24.7% QoQ to ₹108 crore from ₹86.6 crore, faster than revenue. At 30 September 2026, borrowings comprised ₹4,242 crore of noncurrent borrowings and ₹1,404 crore of current borrowings.

## Segment results

Segment revenue was ₹6,171 crore in Q2 FY2026-27, up 11.6% QoQ from ₹5,528 crore in Q1. Segment profit before tax rose 11.6% to ₹985 crore from ₹882 crore, broadly matching the pace of segment revenue growth.

## Balance sheet expands

Total assets stood at ₹34,780 crore at 30 September 2026, compared with ₹14,881 crore at 31 March 2026. Goodwill increased to ₹16,535 crore from ₹4,167 crore, while noncurrent assets rose to ₹26,214 crore from ₹8,976 crore over the same dates.

Equity was ₹22,537 crore at 30 September 2026, compared with ₹9,681 crore at 31 March 2026. Liabilities increased to ₹12,243 crore from ₹5,201 crore. Trade receivables stood at ₹5,492 crore, up from ₹3,970 crore; cash and cash equivalents were ₹1,822 crore, compared with ₹1,094 crore.

## Key Takeaway

Q2 FY2026-27 delivered strong sequential growth in revenue and profit, with profit before tax increasing faster than revenue. The substantial expansion in reported assets and goodwill, alongside higher receivables and borrowings, is a significant balance-sheet development alongside the income-statement growth.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +0.00%
- FII holding: +24.31%
- DII holding: +42.62%
- Mutual fund holding: +30.00%
- Retail holding: +7.65%
- Promoter pledged: +0.00%

### Major reported shareholders

- Ai Altius Parent (Cayman) Limited — +12.85%
- Encora Holdco Limited — +8.33%
- Motilal Oswal Midcap Fund — +5.04%
- Hdfc Mutual Fund - Hdfc Mid-Cap Fund — +4.33%
- Life Insurance Corporation Of India — +3.56%
- Sbi Equity Hybrid Fund — +2.62%
- Dsp Midcap Fund — +2.55%
- Icici Prudential Technology Fund — +2.48%
- Government Pension Fund Global — +2.42%
- Uti-Flexi Cap Fund — +1.95%

## Official filings

- 2026-11-06 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125315_IntimationofPressReleasellNovember062026signed.pdf)
- 2026-11-06 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_06112026125502_CoforgePostalBallotPublicationsigned.pdf)
- 2026-11-05 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_05112026211157_SignedPostalBallotNoticeIntimation.pdf)
- 2026-11-05 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2213_WebXMLFile_20261105_213419214.xml)
- 2026-11-03 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_03112026104435_SignedIntimationofPressReleasellNov032026.pdf)
- 2026-11-03 — Financial Results Filing: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1751793_03112026040619_WEB.xml)
- 2026-11-03 — Financial Results Filing: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1751792_03112026040614_WEB.xml)
- 2026-10-29 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_29102026101428_IntimationofPressReleasellOctober292026.pdf)
- 2026-10-29 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_29102026164735_SignedIntimation184.pdf)
- 2026-10-29 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2213_WebXMLFile_20261029_165417469.xml)
- 2026-10-28 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_28102026095518_IntimationofPressReleasellOctober282026.pdf)
- 2026-10-27 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_27102026094229_IntimationofPressReleasellOctober272026.pdf)
- 2026-10-27 — Regulatory Filing: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_10272026154502_53972.zip)
- 2026-10-26 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_26102026091317_IntimationofPressReleasellOctober262026.pdf)
- 2026-10-24 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_24102026143236_7SignedNewspaperPublications.pdf)
- 2026-10-24 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_24102026143550_8SignedTranscriptIntimation.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026161820_BMOutcome23102026F.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026162532_2FactSheetWebPresentationF.pdf)
- 2026-10-23 — Press Release: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026163959_3PressReleaseF.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026170429_4IntimationunderReg30VolunaryWindingup.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026173621_5AppointmentofStatutoryAuditors.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/COFORGE_23102026213218_6AudioRecordingIntimation.pdf)
- 2026-10-23 — Generic Announcement: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2213_WebXMLFile_20261023_213312062.xml)
- 2026-10-23 — Financial Results Filing: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1745133_23102026093328_WEB.xml)
- 2026-10-23 — Financial Results Filing: Coforge Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1745130_23102026093306_WEB.xml)

## News and market events

- 2026-11-07 — Mint: **Mphasis, Coforge shine in strong Q2 for IT midcaps while Sonata faces seasonal headwinds | Company Business News** — Mphasis and Coforge delivered strong Q2 growth, demonstrating resilience against an uncertain demand environment and cautious client spending among India's mid-sized IT services companies. In contrast, Sonata faced seasonal headwinds during the same period. — [Source](https://www.livemint.com/companies/company-results/mphasis-coforge-q2-earnings-sonata-hexaware-headwinds-11793957129564.html)
- 2026-11-06 — Economic Times: **Coforge joins SpaceX Super Intelligence partner network to take Grok into enterprise production** — Coforge has joined the SpaceX Super Intelligence Partner Network as a Transformation Partner to integrate Grok technology into enterprise client infrastructures. Through its specialized unit, Momentuum blue, Coforge will embed engineering teams and AI agents within client environments to deploy Grok solutions across business workflows and achieve measurable outcomes. The collaboration aims to combine Coforge’s industry expertise with SpaceXSI’s capabilities to transition Grok from technology to production use. — [Source](https://cio.economictimes.indiatimes.com/news/corporate-news/coforge-joins-spacex-super-intelligence-partner-network-to-take-grok-into-enterprise-production/135608765)
- 2026-11-06 — BUSINESSTODAY: **Coforge joins SpaceX Super Intelligence Network to deploy Grok AI across enterprises** — IT services firm Coforge has joined the SpaceX Super Intelligence Partner Network as a Transformation Partner to deploy the Grok AI portfolio across enterprise operations. The collaboration will leverage Coforge's Forward Deployed Engineering unit and Nuuron platform to integrate Grok applications into client infrastructure, aiming to deliver measurable business outcomes in areas such as software modernisation and workflow automation. — [Source](https://www.businesstoday.in/markets/stocks/story/coforge-joins-spacex-super-intelligence-network-to-deploy-grok-ai-across-enterprises-566162-2026-11-06)
- 2026-11-06 — The Hindu: **Coforge joins SpaceX partner network to deploy Grok AI tools for enterprises** — Coforge has joined the SpaceX Super Intelligence Partner Network to deploy Grok AI tools for enterprises. The company will act as a Transformation Partner, developing industry-specific solutions and integrating them into clients' existing systems using its Nuuron enterprise AI platform. — [Source](https://www.thehindubusinessline.com/info-tech/coforge-joins-spacex-partner-network-to-deploy-grok-ai-tools-for-enterprises/article71673451.ece)
- 2026-11-06 — Economic Times: **Stock Radar: Coforge stock hits fresh record high in November 2026; will the rally continue?** — Coforge Ltd has broken out of a two-month consolidation phase, reaching fresh record highs in November 2026. Experts suggest the stock may target levels above 2,200 over the next three to four weeks, with immediate support established at 1,940. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-november-2026-will-the-rally-continue/articleshow/135574557.cms)
- 2026-11-05 — BUSINESSTODAY: **Stocks to buy: Adani Power, Bajaj Finance, Coforge among Globe Capital's top Diwali picks** — Globe Capital Markets has identified Adani Power, Bajaj Finance, Coforge, Siemens Energy India, Hindalco Industries, and Polycab India as top Diwali picks, projecting 22-34 per cent upside for the six stocks. The brokerage cites strong earnings growth drivers such as capacity expansion, AI-led productivity, and structural power infrastructure demand, while noting manageable risks like NIM compression and commodity volatility. — [Source](https://www.businesstoday.in/markets/stocks/story/stocks-to-buy-adani-power-bajaj-finance-coforge-among-globe-capitals-top-diwali-picks-565965-2026-11-05)
- 2026-11-04 — Mint: **Diwali 2026: Stocks to buy for Samvat 2083: Adani Energy, Coforge, PNB, Zydus, KDDL - 5 shares for Muhurat Trading** — Nuvama Wealth identifies improving risk-reward prospects for Indian equities in Samvat 2083, citing attractive valuations, extreme bearish foreign-investor positioning, and potential global catalysts. The brokerage's Diwali stock picks include Adani Energy Solutions, Coforge, KDDL, Punjab National Bank, and Zydus Lifesciences, selected based on their technical structures and potential for further gains. — [Source](https://www.livemint.com/market/stock-market-news/diwali-2026-stocks-to-buy-for-samvat-2083-adani-energy-coforge-pnb-zydus-kddl-5-shares-for-muhurat-trading-11793785141234.html)
- 2026-11-03 — Economic Times: **Stock Radar: Coforge stock hits fresh record high in October; will the rally continue in November 2026?** — Coforge Ltd, a leading IT sector player, has hit a fresh record high after consolidating in a narrow range for over a month. Technical indicators suggest sustained upward momentum, with experts targeting levels above 2,200 in the next three to four weeks. Analysts recommend a buy-on-dips strategy with a strict stop loss at 1,810. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-coforge-stock-hits-fresh-record-high-in-october-will-the-rally-continue-in-november-2026/articleshow/135464719.cms)
- 2026-11-02 — Times of India: **Stocks to buy: What's the outlook for Nifty for November 2-November 6 week? Top stock recommendations** — Sudeep Shah of SBI Securities has recommended buying COFORGE and ICICI Bank for the week of November 2-6, 2026, citing technical breakout and consolidation patterns respectively. — [Source](https://timesofindia.indiatimes.com/business/india-business/stocks-to-buy-whats-the-outlook-for-nifty-for-november-02-november-06-week-check-list-of-top-stock-recommendations-coforege-icici-bank/articleshow/135449123.cms)
- 2026-11-02 — MONEYCONTROL: **Momentum Stocks: Silky Overseas, Menon Bearings up on sheer momentum; Coforge, Indian Hotels at 52-week high** — Silky Overseas and Menon Bearings rose due to trading momentum, while Coforge and Indian Hotels reached 52-week highs in their respective share prices. — [Source](https://www.moneycontrol.com/news/business/stocks/momentum-stocks-silky-overseas-menon-bearings-up-on-sheer-momentum-coforge-indian-hotels-at-52-week-high-14065760.html)
- 2026-11-02 — Economic Times: **Nifty’s next move hinges on breakout above 23,200: Analysts** — Analysts from HDFC Securities, Tradebulls Securities, and Anand Rathi Share and Stock Brokers have issued recommendations for specific equities including DLF, Zensar Technologies, Coforge, BSE, and ITC, citing technical breakouts and accumulation patterns, while advising a sell position for Radico due to negative momentum signals. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/nifty-faces-key-23200-hurdle-analysts-remain-cautious/articleshow/135440855.cms)
- 2026-10-29 — Mint: **MSCI Rejig: LIC, Meesho likely to enter India Standard Index; OFSS, Siemens Energy may be dropped** — Brokerage JM Financial expects the November 2026 MSCI India Standard Index review to add Life Insurance Corporation of India, Meesho, and Coforge while excluding Oracle Financial Services Software and Siemens Energy India. The estimated net passive inflows resulting from these changes are projected at approximately $1.4 billion. — [Source](https://www.livemint.com/market/stock-market-news/msci-rejig-lic-meesho-likely-to-enter-india-standard-index-ofss-siemens-energy-may-be-dropped-11793271137051.html)
- 2026-10-28 — BUSINESSTODAY: **Infosys, other IT stocks fall up to 5%; why AI's capex boom is making investors fret** — IT stocks plunged up to 5 per cent in Wednesday's trade, with Infosys Ltd, Tata Consultancy Services Ltd (TCS), Coforge Ltd, Tech Mahindra Ltd (TechM) and Mphasis leading the selloff as a growing artificial intelligence (AI) capex pipeline dampened investor sentiment and dashed hopes of a 'reverse AI' trade. — [Source](https://www.businesstoday.in/markets/stocks/story/infosys-other-it-stocks-fall-up-to-5-why-ais-capex-boom-is-making-investors-fret-564173-2026-10-28)
- 2026-10-27 — CNBC-TV18: **Axis Securities' Diwali picks: 9 stocks to watch after market correction** — Uttam Kumar Srimal, Deputy Head-Fundamental Research at Axis Securities sees opportunities after the market correction, favouring private banks, metals, quick commerce, autos and hotels. DCB Bank and Coforge feature among its Diwali picks. — [Source](https://www.cnbctv18.com/market/stocks/axis-securities-diwali-stock-picks-dcb-bank-indian-hotels-coforge-eternal-hindalco-apl-apollo-ashok-leyland-20020355.htm)
- 2026-10-27 — Mint: **Top Diwali 2026 Muhurat stocks to buy: Axis Securities lists 9 shares for Samvat 2083 | Check target, upside | Stock Market News** — Top Diwali 2026 Muhurat stocks to buy: Brokerage firm Axis Securities said that returns over Diwali 2026 to Diwali 2027 will increasingly depend on buying the right businesses at sensible valuations, monitoring earnings delivery and avoiding excessive concentration in expensive or speculative ideas. — [Source](https://www.livemint.com/market/stock-market-news/top-diwali-2026-muhurat-stocks-to-buy-axis-securities-lists-9-shares-for-samvat-2083-check-target-upside-11793090694908.html)
- 2026-10-26 — Economic Times: **Ather rides to profit; Pronto's US AI play** — Ather Energy swung to profit in the July-September quarter. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/ather-rides-to-profit-sahamati-defers-new-fee-model/articleshow/135212517.cms)
- 2026-10-26 — Mint: **Top 3 stocks to buy tomorrow: Laurus Labs, MCX, Coforge by market expert; check stop-loss, target price for Tue, 27 Oct** — India’s benchmark indices ended a four-session losing streak, with the Nifty 50 rising 0.68% and the Sensex 0.66%. Gains were limited by elevated oil prices and uncertainty ahead of the US Federal Reserve decision. Analysts highlighted key technical levels and recommended Laurus Labs, MCX , Coforge. — [Source](https://www.livemint.com/market/stock-market-news/top-3-stocks-to-buy-tomorrow-laurus-labs-mcx-coforge-by-market-expert-check-stop-loss-target-price-for-tue-27-oct-11793014330701.html)
- 2026-10-26 — MONEYCONTROL: **Coforge stock rebounds 9% from day's low; brokerages back growth outlook after Q2 results** — Coforge stock rebounds 9% from day's low; brokerages back growth outlook after Q2 results Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jamia Protest UP Polls 2027 Rahul Gandhi Infosys Share Price Aamir Khan Small Cap Stocks Cyclone Arnab Dhanush News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up — [Source](https://www.moneycontrol.com/news/business/markets/coforge-stock-rebounds-9-from-day-s-low-brokerages-back-growth-outlook-after-q2-results-14060099.html)
- 2026-10-26 — The Hindu: **Coforge shares surge post Q2 results; analysts divided on valuation** — Shares of Coforge Limited were trading up 2.51 per cent at ₹1,948.20 around midday on Monday, touching an intraday high of ₹1,951.80, as investors reacted to the IT firm’s strong quarterly earnings reported on Friday. — [Source](https://www.thehindubusinessline.com/markets/coforge-shares-surge-post-q2-results-analysts-divided-on-valuation/article71625943.ece)
- 2026-10-26 — MONEYCONTROL: **Buy Coforge; target of Rs 2300: Prabhudas Lilladher** — Buy Coforge; target of Rs 2300: Prabhudas Lilladher Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jamia Protest UP Polls 2027 Rahul Gandhi Infosys Share Price Aamir Khan Small Cap Stocks Cyclone Arnab Dhanush News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakhs Credit Cards Lifetime Free — [Source](https://www.moneycontrol.com/news/business/earnings/buy-coforge-target-of-rs-2300-prabhudas-lilladher-14060032.html)
- 2026-10-26 — Economic Times: **Coforge slips 3% even as Jefferies, Nomura, others raise targets after Q2 earnings. Why are they bullish?** — Coforge shares fell despite strong Q2 results and brokerages raising target prices. Net profit surged 56.5% year-on-year to Rs 588.1 crore, while revenue jumped 54% to Rs 6,170.8 crore. EBITDA rose 67% to Rs 1,269.7 crore, with margins expanding 168 basis points to 20.6%. The company raised its FY27 EBIT margin guidance to 16%, while its 12-month order book grew 45% to $2.38 billion. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/coforge-slips-3-even-as-jefferies-nomura-others-raise-targets-after-q2-earnings-why-are-they-bullish/articleshow/135202672.cms)
- 2026-10-26 — MONEYCONTROL: **Buy Coforge; target of Rs 2100: Emkay Global Financial** — Buy Coforge; target of Rs 2100: Emkay Global Financial Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jamia Protest UP Polls 2027 Rahul Gandhi Infosys Share Price Aamir Khan Small Cap Stocks Cyclone Arnab Dhanush News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakhs Credit Cards Lifetime F — [Source](https://www.moneycontrol.com/news/business/earnings/buy-coforge-target-of-rs-2100-emkay-global-financial-14059901.html)
- 2026-10-26 — BUSINESSTODAY: **Coforge shares fall 5% on Q2 earnings; brokerages share target prices: Check details** — Coforge Ltd shares fell 5% on Monday morning after the IT services company reported its September quarter results and raised its full-year operating margin guidance. — [Source](https://www.businesstoday.in/markets/stocks/story/coforge-shares-fall-5-after-q2-results-3-brokerages-set-target-prices-check-details-563544-2026-10-26)
- 2026-10-26 — CNBC-TV18: **Coforge shares could continue outperforming after Q2, as per Jefferies; Citi says 'sell'** — Citi pointed to several forward-looking indicators, including organic headcount growth of around 9% year-on-year, trailing 12-month order inflows of $2.9 billion and a 45.4% year-on-year increase in the executable order book. However, it said that the order book growth was boosted by the consolidation of Encora. — [Source](https://www.cnbctv18.com/market/coforge-share-price-could-continue-outperforming-after-q2-as-per-jefferies-citi-says-sell-20018994.htm)
- 2026-10-26 — Mint: **Top stocks to watch today: Paytm, Mankind Pharma, Infosys, BPCL shares in focus on Monday, 26 Oct | Full list** — Top stocks to watch today: Paytm, Mankind Pharma, Tata Consumer, ITC Hotels, Infosys, BPCL, Kotak Mahindra Bank, Coforge among shares in focus on Monday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-paytm-mankind-pharma-infosys-bpcl-shares-in-focus-on-monday-26-oct-full-list-11792978063209.html)

## Business profile

**Strategic vision:** IT services for digital transformation and consulting.

### Business segments
- **Digital Transformation Services:** Offers services designed to support digital transformation and operational efficiency, including AI solutions, cloud infrastructure, data management, and enterprise applications.
- **Business Process Solutions (BPS):** Provides AI-Led Business Process Solutions focusing on end-to-end digital transformation, integrating automation, analytics, and AI/ML for intelligent decision-making.

### Competitive strengths
- Deep industry expertise across key sectors
- AI engineering capabilities
- Proprietary assets for solution development

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/coforge
Markdown representation: https://faxioms.com/stocks/coforge?render=md