Overview

• Coforge climbed about 3.8–4% in early trade to roughly Rs 1,608, lifting market value to around Rs 53,451 crore.
• CLSA forecasts FY26–28 compound growth of about 15% for revenue, 16% for EBIT and 22% for EPS.
• The brokerage highlights an industry-leading order book, deep client relationships and execution strength under CEO Sudhir Singh.
• Coforge’s specialization spans financial services and travel, which contribute roughly two-thirds of revenue, with niche ties to Duck Creek, Guidewire, Pega and Mendix.
• Bloomberg data show 28 of 39 analysts rate the stock a buy, with a Rs 1,895 consensus 12-month target that trails CLSA’s view.