🧾 Coforge Ltd – Short-term Pain, Long-term Opportunity?

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recently crashed over 9% in a day, spooking traders. But here’s what’s really happening behind the scenes: 📊 Q1 FY26 Results (YoY / QoQ): Revenue: ₹3,689 Cr → 🔼 +56.5% YoY / +8.2% QoQ Net Profit: ₹317.4 Cr → 🔼 +138.4% YoY / +21.5% QoQ EBITDA Margin: 17.5% → ⬆️ Slight improvement QoQ (but still below Street expectations) ✅ Numbers were solid, led by the Sabre mega-deal and Travel/BFSI segment recovery ⚠️ But Market Reacted to This: 🔻 USD Revenue Growth Guidance Cut: FY26 revenue guidance reduced to 13–16% (vs earlier 17–18%) 📉 New Deal Wins Slowed: TCV down to $442M vs $531M in Q4 FY25 🤝 BFSI & EU clients delaying decisions 💰 Valuations were rich — any disappointment = sharp correction 📉 Short-Term Technical View 🧨 Breakdown below ₹1,750 support 💸 RSI at ~28 → Oversold zone 📉 Likely retest of ₹1,600–₹1,630 levels before any bounce 🔼 Resistance zone: ₹1,750–₹1,820 Not a good time for fresh entry. Wait for stability or reversal confirmation. 🧠 Long-Term View – Remains Positive 🧬 Healthy sector tailwinds in Travel & BFSI 💼 Strong execution + Sabre deal impact will reflect fully from Q2 onward 📈 Re-rating possible post FY26 if deal wins and margins improve 🎯 Good stock for long-term SIP or staggered entry post 5–10% more correction. 📝 Final Take “Coforge delivered a great Q1 — but the street punished it for scaling back future promises. Strong company, soft guidance = short-term pain, long-term opportunity.”