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COFORGE Limited

COFORGE | NSE

1,150.90

INR

-69.70

-5.71%

COFORGE | NSE
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About COFORGE Limited

Sector

Technology

Industry

Information Technology Services

Earnings date

31/03/2024

As of date

24/04/2026

Close

1,150.90

Open

1,211.00

High

1,214.50

Low

1,136.30

Coforge Limited provides information technology (IT) and IT enabled services in India the Americas Europe the Middle East and Africa India and the Asia Pacific. It offers digital process automation services including workflow/process management artificial intelligence (AI) and predictive analytics RPA and case management; digital services such as interactive services product engineering enterprise and intelligent automation; and cloud and infrastructure management services comprising cloud workplace cybersecurity data center and always on network as well as service integration services. The company provides cybersecurity services which include security incident management; vulnerability management; threat intelligence; identity and access management; phishing analysis and training; governance & risk management; and workplace security. In addition it offers AI and machine learning business analytics and BI data engineering and management D&A Ops and advisory services; advanced application engineering services including development operations and quality engineering services; business process solutions; and media solutions such as print design services and marketing solutions. The company serves insurance travel transportation hospitality banking and financial services healthcare and life sciences public sector and retail and consumer goods industries. It has strategic alliances with Kong Inc. for cloud API services; and Newgen Software Technologies Limited to enhance digital operations for organizations. The company was formerly known as NIIT open Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in New Delhi India.

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COFORGE | NSE

Risk
49.4
Sharpe
-0.43
Luna's Score
46/100
Recommendation
Hold

Luna says (COFORGE | NSE)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

Rich in Valuation (Price to Book > 8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

48.5%

1 month

49.4%

3 months

41.7%

6 months

35.8%

Returns

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Fundamental Ratios

PE

57.82

Fwd. PE

-

Price to book

13.25

Debt to equity

0.20

Debt to assets

0.12

Ent. to EBITDA

32.65

Ent. to rev.

5.28

PEG

-

Other Fundamentals

EBITDA

14.50B

MarketCap

76.29B

MarketCap(USD)

793.14M

Div. yield

1.05

Op. margin

8.82

Erngs. growth

-21.70

Rev. growth

8.10

Ret. on equity

24.23

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

198.60

Range1M

224.70

Range3M

750.90

Volumes: Market Activity

Volume Averages

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Rel. volume

1.56

Price X volume

6.14B

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Sonata Software LimitedSONATSOFTWInformation Technology Services256.9873.03B-2.81%57.1654.43%
eClerx Services LimitedECLERXInformation Technology Services146869.10B-1.11%28.5711.82%
Happiest Minds Technologies LimitedHAPPSTMNDSInformation Technology Services361.1554.35B-3.45%49.7018.93%
Mastek LimitedMASTEKInformation Technology Services1700.152.49B-2.63%25.5124.71%
Datamatics Global Services LimitedDATAMATICSInformation Technology Services707.442.24B-2.91%18.691.41%
Computer Age Management Services LimitedCAMSInformation Technology Services760.838.93B-1.25%60.2310.53%
R Systems International LimitedRSYSTEMSInformation Technology Services267.1231.60B-4.69%43.4812.17%
Cigniti Technologies LtdCIGNITITECInformation Technology Services1136.231.05B-5.33%29.074.22%
RPSG VENTURES LIMITEDRPSGVENTInformation Technology Services840.428.01B-3.35%n/a157.89%
Saksoft LimitedSAKSOFTInformation Technology Services138.1717.66B-3.71%31.965.21%
  • 1

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Bansal Wire Industries LtdBANSALWIREIN302.8549.60B-1.16%88.68
Nuvama WealthNUVAMAIN134648.07B-2.23%34.83122.74%
Northern Arc Capital LtdNORTHARCIN256.8946.78B-0.17%15.48
Juniper Hotels LtdJUNIPERIN208.2644.93B-2.74%176.8847.33%
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Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA32.6519.92Expensive
Ent. to Revenue5.285.16Par
PE Ratio57.8235.22Expensive
Price to Book13.256.77Expensive
Dividend Yield1.051.59Poor
Std. Deviation (3M)41.7042.76Par
Debt to Equity0.200.22Par
Debt to Assets0.120.10Expensive
Market Cap76.29B770.55BEmerging
  • 1

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