Coforge's Evaluation Score Adjusted Amid Strong Financial Performance and Growth Indicators
Coforge, a midcap player in the Computers - Software & Consulting sector, has recently adjusted its evaluation score, reflecting a shift in technical trends. The company has shown strong financial performance, with significant growth in net sales and operating profit, alongside a low debt-to-equity ratio and high institutional holdings.
Coforge, a midcap player in the Computers - Software & Consulting industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a mildly bullish stance to a bullish outlook. The company's performance indicators reveal a robust financial landscape. Over the past year, Coforge has achieved a return of 17.32%, significantly outperforming the BSE500 index. The company has demonstrated strong growth, with net sales increasing at an annual rate of 26.70% and operating profit rising by 23.95%. Notably, the operating cash flow reached its highest at Rs 1,237.10 crore, while net sales for the quarter peaked at Rs 3,985.70 crore.
Coforge maintains a low debt-to-equity ratio of 0.10 times, indicating strong long-term fundamental strength. Additionally, the company has consistently delivered positive results for five consecutive quarters, showcasing its ability to generate a return on equity of 16.91%. With high institutional holdings at 88.97%, Coforge is well-positioned within the market.
For more insights on Coforge's financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
