Coforge Ltd. - Strong Execution; Robust Outlook
We recommend a BUY rating on the stock and assign a 24x P/E multiple to its FY25E earnings of Rs 238.7/share to arrive at a TP of Rs 5,615/share,...
605 Views
Accenture - Skeptical Outlook For FY24; FY 25 May See a Strong Recovery
Accenture reported strong Q4FY23 results, below street expectations on all financial and operational terms. Revenue for the quarter stood at $15.98...
626 Views
Coforge Ltd. - Superior Execution; Robust Outlook
In Q1FY24, Coforge Ltd (Coforge) reported revenue of Rs 2,221 Cr, up 2.4% QoQ and 2.8% QoQ (in CC terms) which stood below than our expectations.
417 Views
Coforge Ltd. - Better Execution; Strong Outlook
In Q4FY23, Coforge Ltd (Coforge) reported revenue of Rs 2,170 Cr, up 5.6% QoQ and 5% QoQ (in CC terms) which stood in line with our expectations.
555 Views
Coforge Ltd. - Robust Execution; Improving Outlook to Support Growth
Improved outlook on the vertical and engagement with clients give us confidence in the company’s outlook. TCV stood strong in Q3FY23 with robust...
402 Views