Coforge Share Price
- Advice
- Hold
Start SIP in Coforge
Start SIPCoforge Performance
Day Range
- Low 6,920
- High 7,049
52 Week Range
- Low 4,287
- High 7,088
- Open Price6,924
- Previous Close6,989
- Volume248222
Coforge F&O
Coforge Investment Rating
-
Master Rating:
-
Coforge has an operating revenue of Rs. 9,358.80 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 11% is healthy, ROE of 22% is exceptional. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 19% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 8% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 70 which is a FAIR score but needs to improve its earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 97 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,210 | 1,225 | 1,265 | 1,219 | 1,140 | 1,127 |
| Operating Expenses Qtr Cr | 1,136 | 1,066 | 1,092 | 1,109 | 1,072 | 1,033 |
| Operating Profit Qtr Cr | 74 | 159 | 173 | 110 | 68 | 94 |
| Depreciation Qtr Cr | 31 | 34 | 33 | 31 | 30 | 30 |
| Interest Qtr Cr | 17 | 22 | 19 | 18 | 14 | 13 |
| Tax Qtr Cr | 34 | 27 | 19 | 21 | 10 | 18 |
| Net Profit Qtr Cr | 81 | 294 | 410 | 77 | 211 | 241 |
Coforge Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹6,565.45
- 50 Day
- ₹6,219.45
- 100 Day
- ₹5,961.78
- 200 Day
- ₹5,730.72
- 20 Day
- ₹6,472.89
- 50 Day
- ₹6,200.18
- 100 Day
- ₹5,641.82
- 200 Day
- ₹5,865.56
Coforge Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 7,058.30 |
| Second Resistance | 7,118.05 |
| Third Resistance | 7,187.10 |
| RSI | 75.70 |
| MFI | 83.81 |
| MACD Single Line | 196.25 |
| MACD | 250.88 |
| Support | |
|---|---|
| First Support | 6,929.50 |
| Second Support | 6,860.45 |
| Third Supoort | 6,800.70 |
Coforge Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 260,625 | 7,748,381 | 29.73 |
| Week | 432,648 | 12,438,636 | 28.75 |
| 1 Month | 449,535 | 15,526,928 | 34.54 |
| 6 Month | 611,704 | 26,554,049 | 43.41 |
Coforge Result Highlights
Coforge Synopsis
NSE-Computer-Tech Services
Coforge is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. Company’s Total Operating Revenue is Rs. 4848.90 Cr. and Equity Capital is Rs. 61.80 Cr. for the Year ended 31/03/2024. Coforge Ltd. is a Public Limited Listed company incorporated on 13/05/1992 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L72100DL1992PLC048753 and registration number is 048753.| Market Cap | 46,614 |
| Sales | 4,918 |
| Shares in Float | 6.67 |
| No of funds | 483 |
| Yield | 1.09 |
| Book Value | 13.04 |
| U/D Vol ratio | 1.4 |
| LTDebt / Equity | 10 |
| Alpha | 0.01 |
| Beta | 0.81 |
Coforge Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|
| Promoters | |||
| Mutual Funds | 34.96% | 41.68% | 42.77% |
| Insurance Companies | 11.49% | 11.81% | 11.28% |
| Foreign Portfolio Investors | 41.43% | 35% | 34.04% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% |
| Individual Investors | 8.03% | 7.37% | 7.17% |
| Others | 4.08% | 4.13% | 4.73% |
Coforge Management
| Name | Designation |
|---|---|
| Mr. Om Prakash Bhatt | Chairman & Ind.Dire (Non-Exe) |
| Mr. Sudhir Singh | Executive Director & CEO |
| Mr. Gautam Samanta | Executive Director |
| Ms. Mary Beth Boucher | Ind. Non-Executive Director |
| Mr. Anil Chanana | Ind. Non-Executive Director |
| Mr. D K Singh | Ind. Non-Executive Director |
Coforge Forecast
Price Estimates
Coforge Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-10-22 | Quarterly Results & Interim Dividend | |
| 2024-07-22 | Quarterly Results & Interim Dividend | |
| 2024-05-27 | Others | To consider other business matters for considering and approving the Issue Price for the Equity Shares to be allotted to qualified institutional buyer. per share(100%)Interim Dividend |
| 2024-05-02 | Audited Results & Interim Dividend | |
| 2024-03-16 | Others | To consider Fund Raising per share(100%)Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-02 | INTERIM | Rs.19.00 per share(190%)Interim Dividend |
| 2024-05-15 | INTERIM | Rs.19.00 per share(190%)Interim Dividend |
| 2024-02-05 | INTERIM | Rs.19.00 per share(190%)Third Interim Dividend |
| 2023-11-02 | INTERIM | Rs.19.00 per share(190%)Second Interim Dividend |
| 2023-08-03 | INTERIM | Rs.19.00 per share(190%)Interim Dividend |
About Coforge
Coforge FAQs
What is Share Price of Coforge ?
Coforge share price is ₹6,998 As on 18 September, 2024 | 02:27
What is the Market Cap of Coforge ?
The Market Cap of Coforge is ₹46676 Cr As on 18 September, 2024 | 02:27
What is the P/E ratio of Coforge ?
The P/E ratio of Coforge is 59.6 As on 18 September, 2024 | 02:27
What is the PB ratio of Coforge ?
The PB ratio of Coforge is 12.5 As on 18 September, 2024 | 02:27
What are the most important metrics that can help to analyze the share price of Coforge?
Key metrics to analyze Coforge 's share price include revenue growth, profit margins, earnings per share, P/E ratio, debt to equity ratio, ROE, ROCE and market trends in the IT services sector.
How to Invest in Coforge?
To buy shares of Coforge, you need an account with a brokerage firm that operates on the NSE and BSE. You can open an account with 5paisa to buy Coforge 's shares.