The report states Coforge's Q2FY27 numbers were in line with estimates, with EBIT margin guidance for FY27E upgraded from 15.5% to 16.0% and revenue up 53.6% YoY.
Read this note →Coforge Limited
NSE COFORGE BSE 532541 INE591G01025
0 filings · 0 analysed
2,047.40
+0.70%
over today
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| Motilal Oswal | 24 Oct 2026, 12:14 | long | 1,900.50 | 2,370.00 | 2,076.00 | 37% | open by 2027-10-24 |
| Kotak Securities Limited (Private Client Group Research, summarized from KIE research report) | 15 Sep 2026, 08:42 | long | 1,775.50 | 2,000.00 | 1,997.00 | 99% | hit |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
What the desks said
The report reiterates a BUY rating on Coforge with a target price of INR2,370 (25% upside), citing strong order intake, margin guidance upgrade to 16% for FY27, and expected growth acceleration in 2HFY27 as Encora integration completes.
Read this note →The note cites a forecast of 4.5% sequential growth for Coforge in Q2 FY27, aided by large deal wins and acquisitions.
Read this note →The report notes Coforge appointed Akhil Gupta as Non-Executive Independent Director and Chairperson for five years effective September 29.
Read this note →The note says the business story is intact and it stays positive, valuing the company at 26x June 2028E EPS for a fair value of Rs2,000, while flagging board-level exits and the absence of a promoter as governance considerations, and citing management's reiterated FY27E guidance of 20.5-21% EBITDA margin, 15.5%+ EBIT margin and FCF/PAT above 100% along with strong order bookings.
Read this note →Announcement timeline
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