27 Oct 2025 | 3 Mins Read
Coforge shares rise 5% on target increase
Flipitmoney
Coforge Ltd.'s shares rose 5% after reporting Q2FY26 results, beating estimates with revenue growth of 5.9%, profit of ₹376 crore, and 14% EBIT margins. The company expects strong growth in the second half and aims to maintain at least 14% EBIT margin, prompting brokerages to raise price targets, with Morgan Stanley setting a ₹2,030 target.