Price-based indicators and levels
| Indicator | Value | Signal |
|---|---|---|
| Relative Strength Index (RSI) | +56.53 | Neutral |
| MACD | +0.50 | Bullish |

| Period | SMA | EMA |
|---|---|---|
| 20D Moving Average | 1816.34 | 1817.12 |
| 50D Moving Average | 1825.04 | 1777.74 |
| 200D Moving Average | 1524.69 | 1615.49 |

Coforge Limited was originally incorporated as Public limited company on May 13, 1992 as 'NIIT Technologies Limited'. On 3 August, 2020, name of the Company was changed to 'Coforge Limited'. Coforge operates as a focused, AI-native engineering services leader, differentiated by its deep domain specialization, its engineering-led delivery model, and consistent execution in complex, large-scale transformation programs. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration and Automation technologies to transform client businesses into intelligent, high-growth enterprises. Coforge's proprietary platforms power critical business processes across its core verticals. Over the years, the Company has evolved from a traditional technology service provider into a strategic transformation partner, helping clients solve complex, domain-specific challenges by integrating advanced technologies with deep expertise. The Company's platforms, including Data Cosmos, CodeInsightAI, Coforge QuasarTM, AI Studio, Coforge AgentSphereTM, GenAI Central, and Trust AI, are enabling scalable and responsible AI adoption, driving productivity gains and faster time-to-value while ensuring governance, security, and enterprise-grade reliability. 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. In 2024, Company signed a TCV USD 300 million deal in Q1 FY24, securing five years of revenue visibility in one of its top Banking & Financial Services (BFS) clients. Further, the Company signed its largest ever deal totalling TCV of USD 400 million over ten-year in the Q4 FY24 quarter in another top BFS customer, thus assuring revenue visibility in an environment of revenue slippages seen for the sector. The Company launched Orion, a Gen AI-based autonomous self-service solution to enhance customer experience across multiple industries.; launched Quasar Responsible AI; Coforge Quasar to develop and build their own Gen AI-powered applications at scale. Within the Travel, Transportation, Hospitality (TTH) Business Unit, Coforge clocked new clients, particularly in the Airlines sector. Key engagements through the year included executing a modernisation programme for a leading Middle East Airport, creating a new nearshore engineering capability for a prominent US airline, and driving the validation services programme of a major cruise line to enhance customer experience across their websites. Generative AI and its potential applications emerged as a focal point in industry discussions in 2024. In collaboration with Microsoft, Company launched the Microsoft 365 co-pilot and advisor co-pilot to optimise insurance underwriting processes. It also launched a large-scale AI-training program to upskill the employees in Generative AI fundamentals and AI technologies, including GitHub Copilot. On the contrary, the Company established 'The Coforge Public Library' in Noida, India in 2024. The Company acquired 7,639,492 equity shares aggregating to 27.98% of paid up share capital of Cigniti Technologies Limited on July 04, 2024 and July 05, 2024. In 2025, Coforge launched a GenAI Center of Excellence based on its AI framework on the ServiceNow platform. Coforge enhanced collaboration with Microsoft to boost developer productivity; trained over 10,000 developers on GitHub Copilot. It launched the Coforge Data & AI Lab at IIT BHU to foster academic-industry collaboration and applied AI research in areas to make a broad social impact, launched its Copilot offering and and Advisor Copilot on the Microsoft Marketplace to optimize insurance underwriting processes. Revised Learning Needs Identification Survey has been launched to capture role-specific requirements across employee groups. Developed a GenAI-powered solution for the wealth and private banking arm of a global bank, enabling real time call transcription, analysis, and actionable insights in FY 2025. In 2025-26, Cigniti Technologies Limited has been amalgamated with the Company effective on April 29, 2026. Pursuant to the Scheme, one fully paid-up equity share of the Company of Rs 2 each are issued to the shareholders of Cigniti Technologies Ltd for every one fully paid-up equity share of Rs 10 each held by them. During 2026, the Company acquired Encora, an AI-native engineering firm in near-shore markets. It enhanced access to specialized engineering talent and new client segments across the engineering platform. The Company has expanded the learning access with leading enterprises and OEMs, extending beyond formal classroom programs. It targeted learning interventions across QE, Data & AI, Experience, Software Engineering, Intelligent Automation, CIMS, Salesforce, MuleSoft, Pega & Appian, focused on niche technologies, domains, and client needs. The business aligned learning calendar enabling rapid, market ready upskilling for lateral hires during the year.

5 Oct 2026
Coforge Ltd is quoting at Rs 1846.1, up 1.1% on the day as on 12:49 IST on the NSE. The stock is up 11.05% in last one year as compared to a 10.43% fall in NIFTY and a 18.95% fall in the Nifty IT index.
Coforge Ltd rose for a third straight session today. The stock is quoting at Rs 1846.1, up 1.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 22462.4. The Sensex is at 72003.25, up 0.13%. Coforge Ltd has dropped around 4.59% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has dropped around 6.18% in last one month and is currently quoting at 28304.7, down 0.57% on the day. The volume in the stock stood at 27.24 lakh shares today, compared to the daily average of 26.16 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1852.1, up 1.16% on the day. Coforge Ltd is up 11.05% in last one year as compared to a 10.43% fall in NIFTY and a 18.95% fall in the Nifty IT index. The PE of the stock is 60.34 based on TTM earnings ending June 26.

28 Jul 2026
Affle 3i Ltd, Lodha Developers Ltd, Mastek Ltd and Hexaware Technologies Ltd are among the other gainers in the BSE's 'A' group today, 28 July 2026.
Affle 3i Ltd, Lodha Developers Ltd, Mastek Ltd and Hexaware Technologies Ltd are among the other gainers in the BSE's 'A' group today, 28 July 2026. Coforge Ltd spiked 9.23% to Rs 1669.45 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 10.85 lakh shares were traded on the counter so far as against the average daily volumes of 2.26 lakh shares in the past one month. Affle 3i Ltd surged 8.71% to Rs 1623. The stock was the second biggest gainer in 'A' group. On the BSE, 1.04 lakh shares were traded on the counter so far as against the average daily volumes of 22985 shares in the past one month. Lodha Developers Ltd soared 7.06% to Rs 1284.4. The stock was the third biggest gainer in 'A' group. On the BSE, 5.94 lakh shares were traded on the counter so far as against the average daily volumes of 4.43 lakh shares in the past one month. Mastek Ltd rose 6.81% to Rs 1850. The stock was the fourth biggest gainer in 'A' group. On the BSE, 19281 shares were traded on the counter so far as against the average daily volumes of 14064 shares in the past one month. Hexaware Technologies Ltd spurt 6.51% to Rs 597.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.48 lakh shares were traded on the counter so far as against the average daily volumes of 2.62 lakh shares in the past one month. Powered by Capital Market - Live News

28 Jul 2026
Coforge surged 9.57% to Rs 1,674.70 after the company reported a strong set of earnings for the quarter ended 30 June 2026.
The company's board also gave in-principle approval to set up an entity in China to expand its operations, with further details to be shared later. The announcement came alongside the company's financial results for the quarter ended 30 June 2026. On a consolidated basis, the company's net profit rose 63.4% YoY to Rs 518.60 crore, while it declined 15.3% sequentially. Gross revenue increased 49.2% YoY and 24.2% QoQ to Rs 5,527.70 crore in the June 2026 quarter. In US dollar terms, revenue stood at $592.2 million, up 33.3% YoY and 21.1% QoQ. Gross profit rose 50.4% YoY and 23.8% QoQ to Rs 1,893.40 crore. Gross margin improved to 34.3% from 34.0% in Q1 FY26. EBITDA climbed 73.6% YoY and 22.5% QoQ to Rs 1,123.30 crore. EBITDA margin expanded 285 basis points YoY to 20.3%. Profit before tax stood at Rs 702.10 crore in Q1 FY27, up 92.1% YoY and 12.3% QoQ. Total direct costs rose 48.6% YoY to Rs 3,634.30 crore, led by a 51.8% increase in direct people costs to Rs 2,620.80 crore and a 52.4% rise in subcontractor costs to Rs 592.10 crore. Selling, general and administration expenses increased 25.9% YoY to Rs 770.10 crore, while depreciation and amortisation expense rose 17.2% YoY to Rs 129.40 crore. During the quarter, Coforge secured $691 million in total contract value (TCV) order intake. Its executable order book for the next 12 months stood at $2.23 billion, up 27% QoQ, while the company signed four large deals across North America, Europe and Latin America. Last twelve months attrition declined to 10.4% from 10.8% in the previous quarter. Sudhir Singh, chief executive officer and executive director, said the company's strong quarterly performance reflected its differentiated capabilities and execution. He said 86% of revenue now comes from AI-led engineering, data and cloud services, while the robust order book, expanding AI-led pipeline and full operational integration of Encora position the company for another year of industry-leading growth. He added that EBIT margin expanded 414 basis points YoY and EBITDA margin widened 285 basis points due to AI adoption across client delivery and internal operations. The board also recommended an interim dividend of Rs 4 per share. The record date for the dividend has been fixed as 3 August 2026. Coforge is an AI-focused engineering services company that combines AI capabilities with industry expertise to develop enterprise solutions. The company integrates AI agents with its delivery teams to improve operational efficiency and focuses on secure, governed AI deployments. Powered by Capital Market - Live News

28 Jul 2026
Coforge Ltd has added 6.82% over last one month compared to 7.55% gain in BSE Information Technology index and 0.35% drop in the SENSEX
Coforge Ltd gained 4.35% today to trade at Rs 1594.95. The BSE Information Technology index is up 1.1% to quote at 28663.15. The index is up 7.55 % over last one month. Among the other constituents of the index, Mphasis Ltd increased 2.56% and Tata Consultancy Services Ltd added 2.51% on the day. The BSE Information Technology index went down 17.76 % over last one year compared to the 5.02% fall in benchmark SENSEX. Coforge Ltd has added 6.82% over last one month compared to 7.55% gain in BSE Information Technology index and 0.35% drop in the SENSEX. On the BSE, 58463 shares were traded in the counter so far compared with average daily volumes of 2.31 lakh shares in the past one month. The stock hit a record high of Rs 1988.9 on 08 Dec 2025. The stock hit a 52-week low of Rs 1008.5 on 17 Mar 2026. Powered by Capital Market - Live News

24 Jul 2026
Coforge added 3.11% to Rs 1484.70 after the company said that it has secured a five-year contract valued at over US$230 million from a major European client for an AI-led business transformation programme.
This strategic engagement represents one of the largest AI-led transformation programs secured by the company in the region. The programme will combine low-code/no-code platforms, AI-powered automation and AI-infused software development to modernise the client's business operations and accelerate digital transformation. The engagement is expected to improve decision-making, increase productivity, reduce manual intervention and enable faster delivery of business outcomes at scale. The win strengthens Coforge's positioning as an enterprise AI transformation partner and demonstrates growing demand for large, multi-year engagements that move AI adoption beyond pilot projects towards deployment across core business processes. John Speight, president and Europe business leader, Coforge, said: This engagement is a significant milestone for our European business and reflects the growing demand for AI-led transformation programs that deliver measurable business value. Organizations are increasingly looking to move beyond isolated AI initiatives and embed intelligence into their core operations. The pipeline of material AI-led transformation conversations across our markets continues to expand rapidly, as clients seek partners who can move from experimentation to enterprise-scale execution. By combining modern platforms, AI-powered automation, and our deep engineering capabilities, we will help the client accelerate innovation, improve operational efficiency, and create a more agile and future-ready enterprise. Coforge is an AI-native engineering services company that provides technology and digital transformation solutions across multiple industries. The company reported a 144.72% surge in consolidated net profit to Rs 612.3 crore on 5.17% jump in revenue from operations to Rs 4450.4 crore in Q4 FY26 over Q3 FY26. Powered by Capital Market - Live News






Historical price movement and trading activity

Today's High
1884.9

Today's Low
1837.2

Open
1880

Previous Close
1846.6

Volume
1259800

Total Traded Value High
2330840582.2
Financial strength and ownership structure

Market Capitalisation
₹37,431.17

Price to Book (PB)
4.04

Price to Earnings (PE)
24.07

Return on Equity (ROE)
21.92%

Earnings Per Share (EPS)
51.93

Dividend Yield
1.42%

