Coforge Ltd. Share Price

Coforge (NSE: COFORGE) — Monday trading plan

Coforge (NSE: COFORGE) — Monday trading plan ₹1,867.90 +2.95% on Friday, 9 October Last reported close · NSE/BSE market data Moneycontrol +1 Coforge has a constructive short-term setup: Friday's price rose 2.95%, with approximately 2.56 million shares traded across NSE and BSE, slightly above its reported 20-day average of 2.33 million. mint Key levels for Monday Trading level Price Friday's high / breakout trigger ₹1,884–₹1,885 Near-term support ₹1,840–₹1,830 First upside reference ₹1,908–₹1,933 Major resistance zone ₹2,020–₹2,021 These are technical reference levels from recent market data, not guaranteed targets. Moneycontrol +1 My preferred setup Buy trigger: Only if price sustains above ₹1,885 with strong volume. Stop-loss: Around ₹1,830, subject to your entry and risk tolerance. First target: ₹1,910–₹1,930. Avoid chasing: If it opens with a large gap above the breakout level, wait for a retest. Verdict: Coforge is worth watching for Monday, but the breakout is not yet confirmed. These levels are a conditional trading plan, not a live Monday signal. Are you planning to trade intraday or hold for 2–5 days? I can tailor the entry and stop-loss accordingly

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Coforge Limited an Indian IT services company focused

Strong Q1 FY27 results: Revenue increased 49% year-on-year to ₹5,527.7 crore, while profit after tax (PAT) rose 110% to ₹518.6 crore. EBITDA margin expanded to 20.3%. Coforge Strong order visibility: The executable order book for the next 12 months reached $2.23 billion, up 44% year-on-year, supporting future revenue visibility. Coforge AI business expansion: Coforge introduced CXNova, an agentic AI customer-experience platform, and continued expanding its AI engineering capabilities. These initiatives could create new growth opportunities if customers adopt them commercially. Coforge Newsroom Expansion in Europe: On October 1, 2026, the company announced the expansion of its Kraków engineering centre in Poland as an AI engineering and nearshore delivery hub. Coforge Newsroom Upcoming results: Coforge is scheduled to consider its next quarterly financial results on October 23, 2026. Results, management commentary and FY27 growth guidance may influence the share price. NSE India How could these developments impact the share price? The overall fundamental outlook appears constructive because of strong revenue and profit growth, a growing order book and increasing exposure to AI-led services. However, investors should monitor whether the company sustains its growth and margin improvement in subsequent quarters. Global client spending, competition, acquisition-related costs and high market expectations could create volatility. Even strong results may not push the stock higher if they are already reflected in its valuation.

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Coforge rebuilds above its moving-average support zone

closed at ₹1,859 after gaining 1.1%, holding above its 20-day average at ₹1,822 and 55-day average near ₹1,796. The move indicates that buyers are defending the moving-average band after the recent sharp pullback from the ₹2,000 region. The stock remains volatile, but the short-term setup has improved. The 20-day average is above the 55-day average, while MACD has crossed above its signal line and the histogram has turned positive. This signals that selling momentum is easing, although it needs follow-through before a stronger recovery can be confirmed. For Coforge, interest-rate concerns matter indirectly through global technology spending. Higher rates can make clients cautious on discretionary transformation budgets and delay deal decisions. At the same time, currency movement can influence rupee earnings because of the company’s overseas revenue exposure. ₹1,822 is the immediate support, followed by ₹1,796. Holding this zone can allow the stock to revisit ₹1,900 and then ₹2,000. A close below ₹1,796 would weaken the recovery attempt.

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PRE MARKET--> FIIS/ IT STOCKS/ NIFTY & BANKNIFTY AND MORE...

Nifty Deeply Oversold! Crude Cools, FIIs Keep Selling — Can IT Stocks Trigger a Relief Rally? Indian markets enter today's session at a critical point. After eight consecutive weekly declines, Nifty is now trading near multi-month lows and technical indicators have moved into deeply oversold territory. The biggest question for investors is: Can an oversold market finally see a relief bounce, or will continued FII selling keep the pressure alive? There are some encouraging signals — particularly from crude oil and global IT — but foreign selling remains the biggest obstacle. ---->Nifty Is Deeply Oversold The Indian market has gone through an unusually long period of weakness. Nifty has recorded its eighth consecutive weekly decline, its longest losing streak in 25 years. The index closed around 22,422 in the previous session, while technical analysts have highlighted the 22,200–21,740 zone as an important structural support area. ---->FIIs Are Still Selling The biggest problem remains foreign institutional selling. FIIs have been consistently reducing exposure to Indian equities. In September alone, FIIs reportedly pulled out around ₹44,010 crore, while DIIs invested nearly ₹76,030 crore. ---->IT Could Provide the Market Some Support One of the most interesting positive triggers is coming from global IT. Accenture delivered a strong Q4

COFORGE PERSISTENT HCLTECH ---->Metals: Cooling Global Commodity Prices Could Hurt The other side of the commodity story is metals. HINDALCO VEDL NMDC JINDALSTEL --->Key Levels to Watch Support: 22,200 A decisive break below this level could open the door towards 22,000. Resistance: 22,600 A sustained move above 22,600 could strengthen the possibility of a short-covering rally.

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Coforge chairman quits; shares fall 8.7% intraday

Coforge Limited's chairman O P Bhatt resigned on 9 September and the stock fell as much as 8.7 percent to Rs 1,780.70 from Rs 1,950. A new chair is in place, but the 1 October NSE close is 6.4 percent below Rs 1,950. Board events: - 9 Sep: Bhatt quit; Coforge cites an audit finding that material information on his board evaluation was not fully disclosed - Coforge says the matter has no connection with its financial statements - Independent director D K Singh quit days later citing "differences and tension" with executives; Coforge called that unfounded - Akhil Gupta, ex Bharti Enterprises, is chair from 29 Sep, subject to shareholder approval Q1 FY27 (27 July): EBIT margin 16.0 percent against FY27 guidance of 15.5 percent or more, with Encora consolidated from 1 May. Coforge [][***** shares closed at Rs 1,804.03 on 1 October on StockGro (NSE Rs 1,826.00), 9.7 percent below the 52-week high. My view: hold, not a fresh entry. Coforge calls this board process, not accounts; I cannot verify that. A second independent director quitting within days worries me: a new chair fills the seat, not the question of why two left. JPMorgan is Overweight, but its Rs 1,850 target is 1.3 percent above Thursday's close. Holders stay into Q2 FY27 results (date not yet out; last year 24 October). Fresh money waits for the first full Encora quarter: consolidated EBIT margin of 16 percent or more, no further board exits. I would then accumulate in the Rs 1,780 to 1,810 zone Kundan Motwani flagged on 3 October. My exit is another independent director resigning, or a Q2 margin below 15.5 percent. Disclosure: Vijay Kumar Gupta, SEBI Registered Research Analyst, INH000020226, Vijay Gupta Advisory. SEBI registration and NISM certification do not guarantee performance or assure returns. Securities markets are subject to market risks. No holdings in the subject company.

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Coforge (COFORGE) remains a midcap name worth for Monday

Coforge (COFORGE) remains a midcap name worth watching for Monday, October 5. Friday close: ₹1,826, up 4.4% Friday high: ₹1,831 50-DMA: ₹1,809.5 — price closed above it. Trendlyne’s Oct. 2 midcap screen shows Coforge as a fresh 50-DMA crossover. ***** +1 The important technical trigger is around ₹1,831–₹1,850. A sustained move through that zone with strong volume would give better breakout confirmation. Initial downside levels to monitor are roughly ₹1,810 and then ₹1,780. ***** Monday plan: I would avoid buying simply because of a gap-up. Watch the first 15–30 minutes; a breakout above ₹1,831 with volume is the setup to monitor, while a move back below ₹1,810 weakens it. This is a technical watchlist setup, not a buy recommendation

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