30 Sep 2025 | 3 Mins Read

Coforge shares surge 2% on 'outperform' rating from CLSA

Flipitmoney

Coforge shares gained up to 2% to Rs 1,584 on NSE after CLSA initiated coverage with an outperform rating, setting a price target of Rs 2,346, a 51% upside from Monday's close. CLSA expects Coforge's revenue to grow 15% CAGR between FY26 and FY28, with EBIT and EPS rising 16% and 22% CAGR, respectively.