Coforge Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Coforge Ltd
COFORGE
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 36.39 | 8.50 | 1.32% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 26.93 | 7.46 | 1.80% |
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Coforge Limited, formerly NIIT Technologies Ltd, is an India-based information technology (IT) solutions company. The principal business activity of the Company is computer program consultancy and related services. The Company is engaged in application development and maintenance, managed services, cloud computing and business process outsourcing. The Company’s segments include Europe, Middle East and Africa (EMEA); Asia Pacific (APAC); India and Americas. The Company offers data and analytics, digital process transformation, application services, business process services, cyber security, infrastructure management services, cloud services and digital services. It swerves organizations in several sectors, including banking and financial services, insurance, travel and transportation and logistics, manufacturing and distribution and government.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Increased Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has increased by 1.12%
Recent NewsAll news
Hmm, looks like data is unavailable here. Please come back after some timeRecent EventsAll events
Press Release
Coforge Limited has informed the Exchange about press release dated 24-Nov-2022 titled Coforge partners with the Mack Institute for Innovation Management at the University of Pennsylvania￢ﾀﾙs Wharton School | Download
Coforge Limited has informed the Exchange about press release dated 24-Nov-2022 titled Coforge partners with the Mack Institute for Innovation Management at the University of Pennsylvania￢ﾀﾙs Wharton School | Download
Press Release
Coforge Limited has informed the Exchange about press release dated 23-Nov-2022 titled Coforge recognized as one of India's Best Workplaces in IT & IT-BPM 2022 - Top 50 by Great Place to Work India | Download
Coforge Limited has informed the Exchange about press release dated 23-Nov-2022 titled Coforge recognized as one of India's Best Workplaces in IT & IT-BPM 2022 - Top 50 by Great Place to Work India | Download
Cash Dividend
Interim 2 • Div/Share: ₹ 13
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value