COFORGE.NSE

Coforge Ltd.

Indian IT firm Mphasis has filed a lawsuit against rival Coforge in a US court. Mphasis claims Coforge hired its former executives and accessed confidential client information. The suit seeks to prevent Coforge from employing these executives on shared client accounts. Mphasis also seeks damages and legal costs.

BENGALURU, May 6 : India's Coforge stock added more than $500 million in market capitalisation on Wednesday, closing 9.5 per cent higher at 1,280 rupees, after the mid-tier IT firm forecast robust earnings and its margin beat surprised analysts.Coforge's upbeat fiscal 2027 earnings outlook, supported by stron

BENGALURU, May 6 : India's Coforge stock added more than $500 million in market capitalisation on Wednesday, closing 9.5 per cent higher at 1,280 rupees, after the mid-tier IT firm forecast robust earnings and its margin beat surprised analysts.Coforge's upbeat fiscal 2027 earnings outlook, supported by stron

May 6 : India's Coforge stock jumped as much as 11.1 per cent on Wednesday, on track to log its best session in more than a year, after the mid-tier IT firm forecast robust earnings and its margin beat surprised analysts.The stock was trading 9.1 per cent higher at 11:15 a.m. IST, topping the Nifty IT index t

May 6 : India's Coforge stock jumped as much as 11.1 per cent on Wednesday, on track to log its best session in more than a year, after the mid-tier IT firm forecast robust earnings and its margin beat surprised analysts.The stock was trading 9.1 per cent higher at 11:15 a.m. IST, topping the Nifty IT index t

Indian shares advanced on Wednesday, led by banking stocks after the government approved a credit guarantee scheme to support businesses hit by the Iran war. Positive reactions to major corporate earnings and a decline in oil prices, driven by hopes of a potential U.S.-Iran peace deal, further supported the gains. The Nifty 50 rose 0.4% at 24,127.90, as of 10:05 a.m. IST, while the BSE Sensex added 0.31% to 77,260.52. Thirteen of the 16 major sectors were trading in the green. The broader small-caps and mid-caps rose about 1% each. Heavyweight banks, private banks rose 1% each, while state-owned lenders gained 1.6%. The uptick comes after the Union Cabinet approved on Tuesday a new emergency credit guarantee programme worth $1.9 billion to support businesses, particularly small firms, facing short-term liquidity stress due to the Iran war. “The scheme is a net positive for banks, a modest loan growth tailwind and a more meaningful near-term asset quality buffer,” said analysts at Nomura.

Indian shares advanced on Wednesday, led by banking stocks after the government approved a credit guarantee scheme to support businesses hit by the Iran war. Positive reactions to major corporate earnings and a decline in oil prices, driven by hopes of a potential U.S.-Iran peace deal, further supported the gains. The Nifty 50 rose 0.4% at 24,127.90, as of 10:05 a.m. IST, while the BSE Sensex added 0.31% to 77,260.52. Thirteen of the 16 major sectors were trading in the green. The broader small-caps and mid-caps rose about 1% each. Heavyweight banks, private banks rose 1% each, while state-owned lenders gained 1.6%. The uptick comes after the Union Cabinet approved on Tuesday a new emergency credit guarantee programme worth $1.9 billion to support businesses, particularly small firms, facing short-term liquidity stress due to the Iran war. “The scheme is a net positive for banks, a modest loan growth tailwind and a more meaningful near-term asset quality buffer,” said analysts at Nomura.

Indian IT services provider Coforge fourth-quarter profit more ​than doubled, the firm reported ​on Tuesday, helped by a rise ​in order intake and revenue.

Indian IT services provider Coforge fourth-quarter profit more ​than doubled, the firm reported ​on Tuesday, helped by a rise ​in order intake and revenue.