Coforge's revenue missed expectations, but record deal wins and higher margin guidance supported a positive response from most brokerages. Jefferies, Kotak Securities and JPMorgan raised their target prices, while Citi retained Sell, flagging weak organic growth and order book trends.
Coforge's revenue missed expectations, but record deal wins and higher margin guidance supported a positive response from most brokerages. Jefferies, Kotak Securities and JPMorgan raised their target prices, while Citi retained Sell, flagging weak organic growth and order book trends.
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