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Akhilesh Jat SEBI RA

7th May ยท SEBI-Registered Analyst

๐Ÿš€ Coforge Extends Winning Streak After Strong Q4 Show

COFORGE
Limited shares continued their strong momentum as the stock gained over 10% yesterday and opened with another 1%+ gap-up today, marking its third straight session of gains. The rally followed the companyโ€™s impressive Q4 earnings performance, which boosted investor sentiment. For Q4, Coforge reported a sharp 145% year-on-year jump in net profit to โ‚น612 crore compared to โ‚น250 crore last year. Revenue rose 5% to โ‚น4,450 crore from โ‚น4,232 crore, while EBIT increased 26% to โ‚น696 crore versus โ‚น554 crore in the corresponding quarter. The strong earnings growth and operational improvement kept the stock in focus across the IT sector during recent trading sessions. ๐Ÿ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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