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,...
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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.
214 Views
Top Sector Ideas - IT Services
Despite the delay in automation spending, deal wins remained strong during the quarter. Many Indian IT service companies reported the highest-ever...
443 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...
448 Views
Top Sector Ideas - IT Services
Despite the delay in automation spending, deal wins remains strong this quarter. Many of India's IT service companies reported the highest order...
388 Views