Information technology services provider Coforge Ltd. today announced plans to acquire rival Encora Digital LLC for $2.35 billion. Coforge, which is listed on two stock exchanges in India, will ...
Infosys, Coforge and eClerx remain Nomura’s preferred IT stock bets as the brokerage argued that worries around India’s IT services sector being a net ‘AI loser’ were overstated. Nomura said the ...
Coforge share price: Brokerages said that the valuations appear expensive as AI firm Encora posted only 7-10% organic revenue growth in the past two years. The shares of Coforge rose more than 2 ...
Coforge on Friday said that it has agreed to acquire US-based digital engineering firm Encora in an all-stock transaction valued at an enterprise value of $2.35 billion (around Rs 21,140 crore), ...
Coforge share price: Coforge share price remained under pressure on Tuesday, slipping 5% in intra-day trade even as leading brokerages reaffirmed bullish views on the midcap IT firm, projecting upside ...
Coforge’s $2.35 billion Encora deal strengthens its AI-led engineering services presence; Jefferies, Motilal Oswal see 49% upside. Motilal Oswal has reaffirmed its Buy rating and set a target price of ...
The Indian IT sector’s retail vertical continues to face muted growth, though companies like HCL Technologies and Tech Mahindra (TechM) have delivered relatively stronger performance through ...
Defying seasonal weaknesses, mid-sized information technology (IT) outsourcers Coforge Ltd and Mphasis Ltd beat analyst expectations for the October-December 2025 quarter, mirroring the trend of their ...
MOFSL in its latest strategy note said the worst of earnings cuts is behind us. Supported by a slew of government measures and upcoming reforms, the domestic brokerage expects Indian stocks to benefit ...
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Why did Infosys, Coforge, MphasiS and other IT stocks jump up to 4%? Key reasons explained
Domestic tech stocks, which had been under pressure in recent sessions, saw a strong reversal in sentiment during Wednesday’s trade, as all 10 constituents of the Nifty IT index ended with solid gains ...
CHENNAI: IT services provider Coforge Ltd (formerly NIIT Technologies Ltd,) on Friday announced that it will acquire US-based technology firm Encora from private equity major Advent International in a ...
https://www.thehindubusinessline.com/markets/stock-markets/coforge-tech-mahindra-hcl-tech-wipro-infosys-tcs-dip-as-nifty-it-slips-kotak-warns-of-gen-ai-disruption ...
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