Coforge Share Price: In four business days, the shares of Koforge, a company providing IT services in three, have slipped and during this time it has broken about 7%. The selling storm in its shares, including its biggest clients, the business results of Saabre put pressure on which its shares slipped 35% on NASDAQ in the US market. Its shock was also seen in the domestic stock market and Koforge’s shares were shocked. Talking about today, it is currently down by 4.04% on BSE at ₹ 1635.95. It fell 5.27% to ₹ 1615.00 in intra-day.
Why the shares of Coforge, who are sabre’s shock.
Saabre was less than the second quarter of 2025’s second quarter April-June 2025 Revenue and Operating Profit Company’s initial guidance. Apart from this, the company has reduced the guidance of air distribution volume to 4% -10% while the first double-digit growth was the guidance. Guidance of revenue growth also reduced from high single-designation growth to a low-single digit from the flat. The growth of operating profit also reduced from $ 63 crore to $ 53-$ 57 crore.
How is business health?
In the first quarter of the current financial year 2026, in April 2025, the net profit of Coforge rose to 138.4% on an annual basis and 21.5% on a quarterly basis to ₹ 317 crore. Talking about revenue, it rose 56.5% to ₹ 3,689 crore on an annual basis. On an annual basis, the company’s operating margin also improved 61 basis points to 17.5%. However, in the June quarter, the company received new deals of $ 50.7 crore, while in the March quarter it got new deals worth about $ 210 crore. However, the size of the orders on which to work in a year rose by 3% on a quarterly basis and 44% on an annual basis to $ 154 crore. Along with the quarterly results, the company announced an interim dividend of every share of ₹ 4.
Koforge’s shares were at ₹ 1154.00 on 12 August 2024 last year, which is a record low of one year for its shares. From this lower level, it jumped 73.62% in four months to reach ₹ 2003.59 on 30 December 2024, which is a one -year record high level for its shares. Now, if we talk further, according to the details on the Indian, out of the 31 analysts covering it, 20 have purchased it and 4 have given it to hold and 7. Its highest target price is ₹ 2400 and Lost Target Price ₹ 1140.
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