Coforge Ltd Share Price

Computers - Software - Medium / Small

NSE: COFORGE Mid Cap ISIN: INE591G01017
As on 22 December 2024 at 17:29 IST
As on 22 December 2024 at 17:29 IST
9,657.10
+ 185.75
(1.96%)
Over 1 Month
14.13%
Over 6 Months
76.27%
Over 1 Year
55.16%
Over 3 Years
80.83%

Coforge Ltd Summary

Close 9,657.10
Open 9,188.20
High 9,672.35
Low 9,188.20
Volume 6,54,193
Net Turnover (in ₹) 5,27,05,79,296.35
52 Week High 9,797.10
52 Week Low 4,287.25
52Wk High / Low
4,287.25
9,797.10

Coforge Ltd Key Financial Data

Market Cap (in ₹ Cr) 62,650.25
EPS (TTM) 151.78
Book Value (BV) 836.97
Div. Yield 0.75
P/E (TTM) 61.73
Price/Book Value 11.19
Delivery % 41.14
Face Value 10

Coforge Ltd Key Ratios

P/E ratio 34.26
P/B ratio 10.26
EV to Sales 7.09
PEG Ratio 1.01
ROA 25.69
ROE 33.46
Debt-Equity 0.14
Net Profit Margin 20.45
Operating Profit Margin 26.18

Coforge Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Coforge Ltd ₹9,369.55 ₹62,644.24
Tata Consultancy Services Ltd ₹4,168.05 ₹15,08,036.97
Infosys Ltd ₹1,922.05 ₹7,98,086.90
HCL Technologies Ltd ₹1,911.20 ₹5,18,635.67
Wipro Ltd ₹305.15 ₹3,19,392.18
LTIMindtree Ltd ₹5,820.85 ₹1,72,459.77

Coforge Ltd News

Coforge Ltd rises for third straight session

Coforge Ltd is quoting at Rs 9610.3, up 1.47% on the day as on 12:49 IST on the NSE. The stock is up 59.14% in last one year as compared to a 13.26% jump in NIFTY and a 28.99% jump in the Nifty IT index.

19 Dec 2024

Coforge Ltd soars 0.83%, gains for fifth straight session

Coforge Ltd is quoting at Rs 8838.6, up 0.83% on the day as on 12:44 IST on the NSE. The stock is up 55.02% in last one year as compared to a 17.47% jump in NIFTY and a 34.74% jump in the Nifty IT.

05 Dec 2024

Coforge announces board meeting date

On 22 January 2025

05 Dec 2024

Coforge allots 97,431 equity shares under ESOP

29 Nov 2024

Coforge Ltd up for five straight sessions

Coforge Ltd is quoting at Rs 8636.75, up 0.29% on the day as on 12:44 IST on the NSE. The stock is up 55.16% in last one year as compared to a 21.48% gain in NIFTY and a 36.77% gain in the Nifty IT.

26 Nov 2024

Coforge Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue5,608.704,818.403,713.702,5182,515.60
Total Expenses4,539.903,943.603,022.202,234.602,028.30
Profit Before Tax1,068.80822.50691.50283.40487.30
Profit After Tax991.80732.50644.50239.90422.50
Operating Profit after Depreciation1,141.10933.60743.30289.20495.10

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets448.20435.90394.10382.70412
Total Non Current Assets3,329.502,741.802,6071,435.701,386.20
Total Current Assets1,155.301,036.30633.90814959.90
TOTAL ASSETS4,484.803,778.103,240.902,249.702,346.10
Total Shareholder's Fund3,312.202,615.302,206.101,805.101,975.10

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities295.3075.80388.70485227.90
Net Cash used in Investing Activities489.60414.10-730.80-4.20206
Net Cash used in Financing Activities-879.30-413.101.90-494-132.80

Coforge Ltd Corporate Actions

Coforge Ltd

₹19/Share

Announcement Date 11 Oct 2024
Record Date 12 Oct 2024
Div Yield 190%

About Coforge Ltd

Coforge Limited is a global enterprise that operates as an Information and digital services and solutions company. IT digital transformation services are also provided by the company. Some of these services are as follows: application development and maintenance, among others. It also offers such services as cloud computing and consulting. Coforge is a company in the information technology sector abbreviated as IT. It provides solutions that meet clients’ needs and comes up with new ideas in different sectors. These industries include banking and financial services, insurance, travel and transportation, and logistics.

Coforge was established on May 13, 1992; it has been operating for many years. Coforge was formed earlier under NIIT Technologies but later renamed in 2020 to its current name. It has its office situated in Noida, Uttar Pradesh. It also has other offices in New Jersey and the United States of America.

Thus, domestic investment contributes 47.29% and foreign investment 41.43% in Coforge Limited. This strategic support has further enabled Coforge to increase its operations globally while providing enhanced services. It also provides for its stability and its growth prospects in the market over the threatening competitors.

More specifically, Coforge’s offerings include digital supply chain solutions, AI solutions, data solutions, and enterprise solutions. All these services aim to assist organizations in enhancing customers' perceptions of them. However, Coforge is not rated as the market-leading stock in its sector of the IT Industry. However, due to its unique approaches and ideas, as well as its established client base, it occupies a significant position in the market.

Coforge Limited has its registered office located in Noida, Uttar Pradesh. The registrar’s office is in Jhandewalan Extension, New Delhi. It has a professional board of directors, and Mr. Sudhir Singh, as Chief Executive Officer, heads the company. The professional includes managerial promotors-
·   Om Prakash Bhatt
·   Gautam Samanta
·   Mary Beth Boucher
·   Anil Chanana
Nonetheless, Coforge Limited is bound to expand its presence further and assimilate more and better services. A company that plays a vital role in the digital development of organizations around the world. This has made it a vital player in the IT industry, given its focus on innovation and customers.

Importance of Coforge Limited

Coforge Limited is a significant player in the global information technology (IT) services sector. Its significance lies in delivering innovative digital solutions. This enables businesses to adapt to an ever-changing technological environment. Understanding the importance of Coforge involves looking at its contributions to various industries. These include its role in digital transformation and its impact on the global economy.

One of the key areas where Coforge makes a significant impact is in the banking and insurance (BFSI) sector. The company provides tailored solutions that address the unique challenges financial institutions face. These solutions include digital banking platforms and customer relationship management (CRM) tools. Institutions can offer their customers better services and low costs with these technologies.

Coforge plays a vital role in streamlining operations and improving service delivery in travel and transportation. The company offers digital supply chain management solutions and real-time tracking tools. These innovations help businesses in this sector enhance their operational efficiency and provide better services to their customers. As a result, companies can achieve higher levels of customer satisfaction and loyalty.

Coforge’s importance is also evident in its commitment to digital transformation. The company helps businesses transition from traditional IT systems to modern, cloud-based infrastructures. This shift enables organizations to be more agile and scalable. through adopting cloud computing, businesses can reduce their IT costs and access advanced analytics tools. Its expertise in cloud services ensures that companies can make this transition effectively.

Moreover, Coforge’s role in the IT sector extends to its contributions to the global economy. The company operates in multiple countries and drives economic growth. While investing in local, coforge helps build a skilled workforce to meet the digital age’s demands.  This global presence also allows the company to understand and address the unique market needs, making it a valuable partner for businesses worldwide.

Coforge’s importance is further highlighted by its focus on innovation. The company invests heavily in research and development to stay with technological advancements. This commitment to innovation enables Coforge to offer cutting-edge solutions. These solutions offer the role that addresses emerging challenges and opportunities. For example, the company’s AI and machine learning work helps businesses make informed decisions and drive growth.

Coforge’s importance is also reflected in its strong financial performance. The company has consistently achieved strong revenue growth and profitability. This highlights its capacity to generate value for shareholders. This financial stability allows Coforge to reinvest in its business and expand its global footprint. As a result, the company is well-positioned to continue its growth trajectory and maintain its leadership in the IT sector.

Furthermore, Coforge’s strategic partnerships with leading technology providers enhance its capabilities. These partnerships also enable Coforge to stay updated with the latest technological trends. Coforge’s commitment to innovation and corporate social responsibility further underscores its significance in IT services. As the company grows and evolves, its impact on the global economy and technological landscape will only become more pronounced.

Coforge Ltd Stock Analysis

  1. Annual revenue for Coforge Ltd increased by 16.40% to ₹5,608.70 crore in FY 2024 from ₹4,818.40 crore in FY 2023.
  2. Annual Net Profit for Coforge Ltd increased by 35.40% to ₹991.80 crore in FY 2024 from ₹732.50 crore in FY 2023.
  3. Promoter Shareholding in Coforge Ltd remains unchanged by 0.00% in the most recent quarter, from 0% in June 2024 to 0% in September 2024.
  4. Coforge Ltd delivered a 1-year return of 55.16% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. Coforge Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹9,657.10. The latest Coforge Ltd share price is INR ₹9,657.10.
  6. Coforge Ltd share price today has been at a low of 9,346.10 and a high of 9,797.10. Over the past 52 weeks, the Coforge Ltd share price has seen a low of 4,287.25 and a high of 9,797.10.

FAQ’s

What is the share price of Coforge Ltd today?

Coforge Ltd share price as on 22 Dec 2024 is ₹ 9657.1

What is the Market Cap of Coforge Ltd?

The market cap of Coforge Ltd stock is ₹62,650.25 Cr.

What is the PE Ratio of Coforge Ltd?

The Price to Earnings (P/E) Ratio of Coforge Ltd is 34.26

What is the PB Ratio of Coforge Ltd?

The Price to Book (P/B) Ratio of Coforge Ltd is 10.26

What is the 52 week high of Coforge Ltd Share Price?

The 52 week high of Coforge Ltd share price stands at ₹9,797.10

What is the 52 week low of Coforge Ltd Share Price?

The 52 week low of Coforge Ltd share price stands at ₹4,287.25

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