Stock news timeline · COFORGE
COFORGE LIMITED
News timeline · Last 30 days
23 Aug 2026 – 21 Sep 2026 · Times in IST
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Saturday, 19 Sep 20262 updates
Coforge Unveils AI Framework for ROI Gains
Coforge Ltd introduced the Value Gates Framework to help enterprises turn AI investments into measurable business outcomes. The framework focuses on assessing AI initiatives' business impact, user adoption, governance, and ROI at every stage. Source: BSE
Wednesday, 16 Sep 20262 updates
Nirmal Bang Sticks to 'Sell' on IT Giants; Mid-Caps Shine with AI Edge
Nirmal Bang maintains 'Sell' on TCS, Infosys, Wipro, HCLTech, Tech Mahindra, LTIMindtree; cites IT sector challenges. Mid-cap IT firms like Coforge, Persistent Systems, Mphasis outperform, leveraging AI-driven delivery; large caps face growth stagnation. Source: NDTV Profit
Coforge: Company Focuses on Transitioning from AI Features to Business Results in High Technology
Tuesday, 15 Sep 20266 updates
KEC Intl Gains 5% on ₹1,303 Cr Orders; Coforge Up 2.4% Amid Board Reshuffle
KEC International surged 5% after securing ₹1,303 crore orders across India, Middle East, and Americas. Coforge rose 2.4% following board reshuffling after an independent director's resignation. Source: Livemint
CLSA Reiterates 'Outperform' on Coforge, Sets ₹2,170 Target
CLSA reiterates High-conviction Outperform on Coforge with a ₹2,170 target. Coforge is seen well-positioned for AI with FDE academy and cloud engineering. Source: Livesquawk
Coforge: Company Expands Automotive Engineering Presence To Boost Innovation In Connected, Electric, And Software-Defined Vehicles.
Coforge: Co Retains FY27 Guidance, Targets 20.5–21% EBITDA Margin And >100% FCF Conversion, Signalling Sustained Earnings And Cash-flow Confidence.- Newspaper
Coforge: CLSA on Coforge High-conviction Outperform, Target Price ₹2,170, as management is taking steps to preserve board independence and minority-shareholder interests after two independent-director resignations, despite a ~4.5% weekly stock correction; sees Coforge well positioned for AI through its FDE academy, human+AI agent delivery model, open-source/open-weight models and stronger cloud engineering.
Coforge: Nomura on Coforge Buy, Target Price ₹1,860, as quick backfilling of two independent-director vacancies and appointment of a permanent chairperson would strengthen board governance; management’s assurance that operations, financials and FY27E guidance remain unaffected is important, with FY27E EBIT margin >15.5% and FCF/PAT >100%; stock trades at 24.9x FY28F EPS of ₹74.1.
Monday, 14 Sep 20261 update
Coforge Q1 Revenue Up 24%, Profit Dips 15% on One-Off Costs
Coforge maintains FY27 guidance with EBITDA margin of 20.5-21% despite board changes. Q1 revenue grew 24.2% to ₹5,527.7 crore; profit fell 15.3% due to one-off costs. Source: CNBC TV 18
Sunday, 13 Sep 20261 update
Coforge Denies Discord After Director Resigns; KPMG Raised Audit Concerns
Coforge denies board discord after independent director DK Singh's resignation. KPMG flagged internal audit gaps in August; directors had renewed terms earlier. Source: Financial Express
Friday, 11 Sep 20262 updates
Coforge's NRC Chair Resigns Amid Governance Issues; Interim Leaders Appointed
Coforge's NRC Chair DK Singh resigns after KPMG audit flags governance issues, marking the second high-profile departure after Chairman O.P. Bhatt. Coforge reconstitutes NRC, appoints interim leaders amid governance scrutiny, aiming to rebuild stakeholder trust and ensure transparency. Source: NDTV Profit
Coforge Investor Call on Sep 14, Pre-Registration Needed
Coforge Ltd to host an Analyst/Investor Conference Call on Sep 14, 2026, at 4:30 PM IST. Pre-registration for the call is required via the provided Zoom link. Source: BSE
Thursday, 10 Sep 20262 updates
Motilal Oswal Sees 19% Upside in Coforge, Sets ₹2,200 Target
Motilal Oswal retains Buy on Coforge with ₹2,200 target, ~19% upside. Chairman O.P. Bhatt's resignation, Vivek Sharma's interim role have negligible impact. Source: Livesquawk
Coforge: Motilal Oswal on Coforge Buy, Target Price ₹2,200, with negligible operational impact from chairman O. P. Bhatt’s immediate resignation and Vivek Sharma’s interim appointment; business outlook and estimates remain intact, with Coforge retained as the sector top pick and ~19% upside.
Wednesday, 09 Sep 20267 updates
Coforge Profit & Expenses Rise, BSE: 532541
Coforge reports annual profit & operating expenses, stock listed on BSE 532541. Operating expenses total 14,264.2, showing growth from 7,043.4 in prior periods. Source: livemint.com
Coforge Slides 8.7% as Chairman Resigns Over Governance Concerns
Coforge's stock dropped 8.7% to ₹1,781 on NSE after Chairman OP Bhatt resigned over board evaluation concerns. The resignation raised governance questions; interim Chairperson Vivek Sharma appointed, while Coforge faces scrutiny. Source: Business Standard
Coforge: Chairman & Independent Director O.P. Bhatt resigns with immediate effect following concerns over the Board Evaluation process; Co. clarifies that the matter is unrelated to financials, financial reporting, operations or business guidance.
Coforge: Co Clarified That The Board Evaluation Matters Are Purely Regulatory, Unrelated To Its Financials, Operations Or Business Performance, And Have No Impact On Its Near-, Medium- Or Long-term Guidance.
Coforge Sets Oct 23 for Q2 Review, Trading Window Closes Oct 1
Coforge to shut trading window from October 1, 2026, until post-results. Board meeting scheduled for October 23, 2026, to review quarterly results. Source: Company announcement / exchange filing
Coforge Chair Om Prakash Bhatt Resigns Post Audit Concerns
Coforge Chairman Om Prakash Bhatt resigns after audit findings. Audit revealed concerns, including nondisclosure of material info on his performance. Source: The Hindu BusinessLine
Coforge Chairperson O.P. Bhatt Resigns; Vivek Sharma Steps In
Coforge Ltd announces resignation of Chairperson & Independent Director, O.P. Bhatt, effective immediately. Vivek Sharma appointed interim Chairperson until Jan 31, 2027; resignation tied to board evaluation concerns. Source: BSE
Wednesday, 02 Sep 20263 updates
Coforge, OFSS Defy IT Slump; Surge 20%-58% YTD
Coforge, OFSS defy IT sector's ₹6.4 trillion rout, rising 20% and 58% YTD. OFSS benefits from product-led model; Coforge leverages AI, acquisitions, order book strength. Source: Business Standard
Coforge Unveils AI Launchpad for Smarter Enterprise AI Deployment
Coforge introduced AI Launchpad, enabling enterprises to deploy and manage AI ecosystems in controlled environments. The platform addresses challenges like talent shortages and governance, offering flexibility across open-weight and frontier AI models. Source: BSE
Coforge: Unveils AI Launchpad, A New Open-Weight AI System For Businesses
Monday, 31 Aug 20261 update
Coforge: Launches AI Adoption Framework To Speed Up Results; This Initiative Aims To Tackle Governance And Change Management Challenges In AI Growth, Using Kotter's Change Model, Prosci's ADKAR Framework, And Operational Change Management.
Friday, 28 Aug 20262 updates
Coforge Gains 3.4% on Pegasystems AI Partnership
Coforge shares rise 3.4% to ₹1,967 after deepening partnership with Pegasystems for AI solutions. The deal enables Coforge to integrate Pega's AI platform, targeting insurance, travel, and financial sectors. Source: The Hindu Business Line
Coforge: Company Grows Strategic Alliance With Pega To Speed Up Enterprise AI Changes.
Wednesday, 26 Aug 20261 update
Coforge: Plans Meeting With Analysts And Investors On September 2
Tuesday, 25 Aug 20263 updates
UBS Upgrades Coforge & TechM, Cuts HCLTech; Targets Up 59%
UBS upgrades Coforge, Tech Mahindra, Mphasis; downgrades HCLTech, Persistent. Target prices raised by up to 59%. Nifty IT rallied 20% since July lows; UBS sees selective opportunities due to AI-driven workflow demand. Source: NDTV Profit
Coforge: UBS on Coforge Upgrade to Buy, Target Price Rs 2,400, as UBS prefers Tier-2 IT companies over Tier-1 amid uncertain near-term AI revenue offset to legacy deflation.
Coforge: Marks Six Years Of Change As A Leader In AI Engineering Services With Operations In 47 Locations And Over 46,000 Employees.
Monday, 24 Aug 20261 update
Coforge Marks 6 Years with AI Focus, Honors 1,200 Employees
Coforge Ltd celebrates six years of transformation, uniting 46,000 employees across 47 global locations for Coforge Day. CEO Sudhir Singh emphasizes AI-driven enterprise autonomy, while over 1,200 employees are recognized for contributions. Source: BSE