Coforge Limited Share Price Today

Techno Funda Ratings

RS Rating
49
Moderate
EPS Rating
90
Excellent
A/D Rating
C
Moderate

Key Metrics

Current Price

₹1508.4

Market Cap

₹ 66,682 Cr.

Stock P/E

40.6

ROE

20.6 %

RSI

51.83

Trend

Bullish

Share Price Chart

Technical Commentary

Coforge Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 47 and an EPS Rating of 90. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Coforge Ltd is trading above its 50 DMA (1435.83), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 40.6 and an ROE of 20.6%. Market relative strength is mediocre (RS Rating: 47), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: C). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Coforge is an IT services company providing end-to-end software solutions and services. . It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA. Over the years, Coforge has set up subsidiaries in the US, Singapore, Australia, UK, Germany and Thailand, mainly to market and mobilise projects for the software division. The company has business partnerships with large IT companies across the world.

Coforge Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Coforge Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Coforge Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price1508.4
RSI (14)51.83
50 DMA1435.83
200 DMA1517.23
TrendBullish
A/D RatingC
RS Rating49
EPS Rating90
TI651.09
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Coforge Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹1613
R2₹1586.8
R1₹1547.6
PP₹1521.4
S1₹1482.2
S2₹1456
S3₹1416.8

Financial Ratios

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MetricValue
Market Cap₹ 66,682 Cr.
Current Price₹ 1,508
High / Low₹ 1,990 / 1,008
Stock P/E40.6
Book Value₹ 284
Dividend Yield1.01 %
ROCE23.5 %
ROE20.6 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20232,17011714%
Jun 20232,22117614%
Sep 20232,27618815%
Dec 20232,32324317%
Mar 20242,31822917%
Jun 20242,35713913%
Sep 20243,02623414%
Dec 20243,25825613%
Mar 20253,42230715%
Jun 20253,68935616%
Sep 20253,98642518%
Dec 20254,23229717%
Mar 20264,45066620%

Shareholding Pattern

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HolderHolding
FIIs 28.91%
DIIs 23.44%
Public 16.93%
No. of Shareholders43,273
Promoters 30.72%
Government 0.00%

Pros and Cons

Pros

  • Healthy return on equity of 20.6% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (1435.83).

Cons

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    Frequently Asked Questions

    What is the current technical trend and RSI for Coforge Ltd share?

    Based on the latest closing data, the technical momentum for Coforge Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 51.83, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1435.83) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Coforge Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Coforge Ltd today centers at a Pivot Point (PP) of ₹1521.4. Upside resistance challenges are calculated at R1: ₹1547.6, R2: ₹1586.8, and R3: ₹1613. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1482.2, S2: ₹1456, and S3: ₹1416.8.

    How does the fundamental ROE and P/E ratio look for Coforge Ltd?

    Coforge Ltd is currently trading with a valuation metrics context of a Stock P/E of 40.6, against a core structural efficiency Return on Equity (ROE) standing at 20.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 90, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Coforge Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Coforge Ltd is trading above its 50... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 47, and long-term trend backing from the TI65 indicator (Bullish pattern).

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