Shares of Coforge rose 4% on Monday morning following the mid-sized IT exporter’s stellar performance in the September quarter. The company reported strong sequential and year-on-year growth in sales and profits, accompanied by improved profitability. It also supported momentum in winning new deals. Against this backdrop, analysts have increased their 12-month price targets by an […]
Mid-market IT services company Coforge on Friday reported 86% year-on-year growth in its net profit for the quarter ended September at Rs 376 crore, compared to Rs 202 crore in the year-ago period. The profit after tax (PAT) was attributable to the owners of the company. The company’s operating revenue in the July-September quarter stood […]