Coforge Share Price Surge to ₹8,154.95, Reaching New 52-Week High

Coforge Ltd is gaining spotlight on Tuesday. On November 12, 2024, Coforge share price opened at ₹8,150.00, up from its previous close of ₹8,066.90. 

At 11:07 AM, the share price of Coforge was trading at ₹8,096.10, up by 0.36%. Notably, Coforge touched a 52-week high of ₹8,154.95 earlier in the day. The market cap of the company is ₹54,003.72 crore. 

Q2 FY 2025 Performance Highlights

For Q2FY25, Coforge reported strong financial performance. Revenue for the quarter stood at ₹30,623 million (US$ 369.4 million), showcasing solid growth. The EBITDA margin for the quarter was 15.8%, reflecting a 53 basis points improvement on a YoY basis. Adjusted Profit After Tax (PAT), excluding minority interest, was ₹2,552 million, up 35.6% compared to the same quarter last year.

In terms of business development, Coforge continued its strong growth momentum, with an order intake of US$ 516 million, marking the eleventh consecutive quarter of order intake above US$ 300 million. The company also added 13 new clients during the quarter, further strengthening its market position. These positive results highlight Coforge’s continued focus on expanding its business and delivering value to its shareholders.

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