COFORGE

Coforge Share PriceCoforge

₹3700.5
-48.1 (-1.28%)
  • Advice
  • Hold
As on 24 March, 2023 | 17:52 BSE: 532541 NSE: COFORGE

Coforge Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Coforge Share Price

  • Over 1 Month -15.47%
  • Over 3 Month -0.94%
  • Over 6 Month 10.91%
  • Over 1 Year -17.38%

Coforge Key Statistics

P/E Ratio 28.7
PEG Ratio 0.8
Market Cap Cr 22,605
Price to Book Ratio 8
EPS 105.5
Dividend 1.6
Relative Strength Index 29.12
Money Flow Index 21.27
MACD Signal -90.88
Average True Range 119.64

Coforge Investment Rating

  • Master Rating:
  • Coforge has an operating revenue of Rs. 7,587.50 Cr. on a trailing 12-month basis. An annual revenue growth of 38% is outstanding, Pre-tax margin of 13% is healthy, ROE of 24% is exceptional. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -12% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 93 which is a GREAT score indicating consistency in earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 39 indicates it belongs to a strong industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Coforge Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,0881,044972884
Operating Expenses Qtr Cr 934932878766
Operating Profit Qtr Cr 15411294119
Depreciation Qtr Cr 24272821
Interest Qtr Cr 16161415
Tax Qtr Cr 3422161
Net Profit Qtr Cr 240117135180

Coforge Technicals

EMA & SMA

Current Price
₹3700.5
-48.1 (-1.28%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 3974.78
  • 50 Day
  • 4064.77
  • 100 Day
  • 4024.16
  • 200 Day
  • 4001.03
  • 20 Day
  • 4057.13
  • 50 Day
  • 4152.17
  • 100 Day
  • 4034.07
  • 200 Day
  • 3821.94

Coforge Resistance and Support

PIVOT
₹3722.2
Resistance
First Resistance 3786.4
Second Resistance 3824.2
Third Resistance 3888.4
RSI 29.12
MFI 21.27
MACD Single Line -90.88
MACD -136.93
Support
First Resistance 3684.4
Second Resistance 3620.2
Third Resistance 3582.4

Coforge Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 242,512 7,120,152 29.36
Week 246,164 7,810,777 31.73
1 Month 327,518 12,324,502 37.63
6 Month 409,286 15,687,949 38.33

Coforge Result Highlights

Coforge Synopsis

NSE-Computer-Tech Services

Coforge is involved in the business activities of Computer programming activities. Company’s Total Operating Revenue is Rs. 3313.20 Cr. and Equity Capital is Rs. 60.90 Cr. for the Year ended 31/03/2022. 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 22,449
Sales 3,988
Shares in Float 3.67
No of funds 309
Yield 1.55
Book Value 10.35
U/D Vol ratio 0.7
LTDebt / Equity 15
Alpha -0.05
Beta 1.35

Coforge

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 39.99%40.06%40.09%
Mutual Funds 19.9%20.07%18.95%
Insurance Companies 6.5%5.94%6.54%
Foreign Portfolio Investors 21.3%21.02%21.87%
Financial Institutions/ Banks
Individual Investors 8.69%9.14%8.7%
Others 3.62%3.77%3.85%

Coforge Management

Name Designation
Mr. Basab Pradhan Chairman & Ind.Dire (Non-Exe)
Mr. Sudhir Singh Executive Director & CEO
Mr. Hari Gopalakrishnan Non Executive Director
Mr. Patrick John Cordes Non Executive Director
Mr. Kenneth Tuck Kuen Cheong Non Executive Director
Mr. Ashwani Puri Ind. Non-Executive Director
Mr. Kirti Ram Hariharan Non Executive Director
Ms. Mary Beth Boucher Non Exe. & Ind. Director

Coforge Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Coforge MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 35010
Axis Long Term Equity Fund Growth 28754
UTI Flexi Cap Fund Regular Plan Growth 23945
Kotak Equity Arbitrage Fund Growth 21918
Axis Midcap Fund Growth 18920

Coforge FAQs

What is Share Price of Coforge ?

Coforge share price is ₹3700 As on 24 March, 2023 | 17:38

What is the Market Cap of Coforge ?

The Market Cap of Coforge is ₹22605.3 Cr As on 24 March, 2023 | 17:38

What is the P/E ratio of Coforge ?

The P/E ratio of Coforge is 28.7 As on 24 March, 2023 | 17:38

What is the PB ratio of Coforge ?

The PB ratio of Coforge is 8 As on 24 March, 2023 | 17:38

Q2FY23

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