Coforge
- Advice
- Hold
Coforge Performance
Day Range
- Low 5,576.75
- High 5,714.85
52 Week Range
- Low 3,564.75
- High 5,846.25
- Open Price5,576.75
- Previous Close5,566.30
- Volume552016
Start SIP in Coforge
Start SIPCoforge Investment Rating
-
Master Rating:
-
Coforge has an operating revenue of Rs. 8,723.00 Cr. on a trailing 12-month basis. An annual revenue growth of 25% is outstanding, Pre-tax margin of 12% is healthy, ROE of 22% is exceptional. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 19% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 55 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. 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 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,219 | 1,140 | 1,127 | 1,088 | 1,044 | 972 | 884 |
| Operating Expenses Qtr Cr | 1,109 | 1,072 | 1,033 | 934 | 932 | 878 | 766 |
| Operating Profit Qtr Cr | 110 | 68 | 94 | 154 | 112 | 94 | 119 |
| Depreciation Qtr Cr | 31 | 30 | 30 | 24 | 27 | 28 | 21 |
| Interest Qtr Cr | 18 | 14 | 13 | 16 | 16 | 14 | 15 |
| Tax Qtr Cr | 21 | 10 | 18 | 34 | 22 | 16 | 1 |
| Net Profit Qtr Cr | 77 | 211 | 241 | 240 | 117 | 135 | 180 |
Coforge Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹5,427.70
- 50 Day
- ₹5,271.11
- 100 Day
- ₹5,095.04
- 200 Day
- ₹4,804.68
- 20 Day
- ₹5,357.80
- 50 Day
- ₹5,230.20
- 100 Day
- ₹5,138.73
- 200 Day
- ₹4,678.27
Coforge Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 5,747.48 |
| Second Resistance | 5,800.22 |
| Third Resistance | 5,885.58 |
| RSI | 70.13 |
| MFI | 69.66 |
| MACD Single Line | 116.50 |
| MACD | 148.49 |
| Support | |
|---|---|
| First Resistance | 5,609.38 |
| Second Resistance | 5,524.02 |
| Third Resistance | 5,471.28 |
Coforge Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 556,105 | 22,789,183 | 40.98 |
| Week | 283,970 | 11,955,126 | 42.1 |
| 1 Month | 289,135 | 10,053,216 | 34.77 |
| 6 Month | 561,854 | 29,222,045 | 52.01 |
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. 4230.50 Cr. and Equity Capital is Rs. 61.10 Cr. for the Year ended 31/03/2023. 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 | 35,111 |
| Sales | 4,574 |
| Shares in Float | 6.16 |
| No of funds | 437 |
| Yield | 1.37 |
| Book Value | 13 |
| U/D Vol ratio | 0.9 |
| LTDebt / Equity | 13 |
| Alpha | 0.09 |
| Beta | 1.07 |
Coforge
| Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
|---|---|---|---|---|
| Promoters | 26.63% | 30.16% | 39.99% | |
| Mutual Funds | 42.29% | 27.73% | 23.44% | 19.9% |
| Insurance Companies | 10.88% | 8.9% | 8.26% | 6.5% |
| Foreign Portfolio Investors | 34.37% | 24.78% | 25.4% | 21.3% |
| Financial Institutions/ Banks | 0.12% | 0.09% | 0.01% | |
| Individual Investors | 7.4% | 8.05% | 8.72% | 8.69% |
| Others | 4.94% | 3.82% | 4.01% | 3.62% |
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. Kirti Ram Hariharan | Non Executive Director |
| Mr. Ashwani Puri | Ind. Non-Executive Director |
| Ms. Mary Beth Boucher | Ind. Non-Executive Director |
Coforge Forecast
Price Estimates
Coforge Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-10-19 | Quarterly Results & Interim Dividend | |
| 2023-07-20 | Quarterly Results & Interim Dividend | |
| 2023-04-27 | Audited Results & 4th Interim Dividend | |
| 2023-01-20 | Quarterly Results & Interim Dividend | |
| 2022-10-20 | Quarterly Results & Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 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 |
| 2023-05-10 | INTERIM | Rs.19.00 per share(190%)Interim Dividend (RD revised) |
| 2023-02-03 | INTERIM | Rs.19.00 per share (190%) Third Interim Dividend |
| 2022-11-04 | INTERIM | Rs.13.00 per share (130%) Second Interim Dividend |
Coforge FAQs
What is Share Price of Coforge ?
Coforge share price is ₹5,694 As on 29 November, 2023 | 20:03
What is the Market Cap of Coforge ?
The Market Cap of Coforge is ₹35084.9 Cr As on 29 November, 2023 | 20:03
What is the P/E ratio of Coforge ?
The P/E ratio of Coforge is 50.4 As on 29 November, 2023 | 20:03
What is the PB ratio of Coforge ?
The PB ratio of Coforge is 11.1 As on 29 November, 2023 | 20:03