Q3 results 2025 effect: Coforge shares hit 10% upper circuit, Persistent Systems shares up over 9%
2 months, 1 week ago

Q3 results 2025 effect: Coforge shares hit 10% upper circuit, Persistent Systems shares up over 9%

Live Mint  

Coforge share price and Persistent Systems shares rallied up to 10% in early trade on Thursday after the IT companies reported their Q3 results. Persistent Systems Q3 Results Persistent Systems’ net profit in Q3FY25 rose by 14% QoQ to ₹373 crore. The brokerage firm retained its ‘Buy’ rating and increased Persistent Systems share price target to ₹7,000 per share from ₹6,350 earlier. Meanwhile, Persistent Systems share price has fallen 4% in one month, but has rallied 28% in six months and more than 49% in one year.

Growth Price Revenue Crore Qoq Quarter Systems Eps Coforge Persistent Systems Persistent Shares Hit Coforge Shares Share Stock  systems  revenue  coforge  crore  circuit  q3  shares  hit  quarter  upper  persistent  effect  price  share  stock  results  growth

History of this topic

Explained: Why Coforge shares jumped nearly 10% today
3 weeks, 6 days ago

Explained: Why Coforge shares jumped nearly 10% today

India Today  

Coforge shares jumped nearly 10% in early trade on Wednesday, fuelled by a $1.56 billion deal, two acquisitions, and a stock split announcement. Coforge is acquiring TMLabs in Australia for an upfront payment of A$20 million, with additional payouts tied to FY26-FY27 revenue and EBITDA targets. OTHER FACTORS In a move to improve liquidity, Coforge’s board also approved its first-ever …

Coforge share price falls ahead of stock split announcement today
4 weeks ago

Coforge share price falls ahead of stock split announcement today

Live Mint  

Coforge share price declined over 2% in early trade on Tuesday, ahead of the company’s board to declare stock split. The board of directors of IT firm Coforge is set to meet on March 4 to consider the proposal of sub-division of its equity shares or stock split. Coforge had earlier declared an interim dividend of ₹19 per share during …

Coforge share price in focus as board to mull stock split next week
1 month ago

Coforge share price in focus as board to mull stock split next week

Live Mint  

Stock Split 2025: Shares of technology company Coforge were in focus on Thursday, February 27, as it announced that its board will meet next week to consider a stock split. In an exchange filing on Tuesday, after market trading hours, Coforge said a meeting of its board is slated to take place on March 4, 2025, to consider the proposal …

Wipro, TCS to Infosys: Why are Indian IT stocks rising despite volatile Indian stock market? EXPLAINED
2 months, 1 week ago

Wipro, TCS to Infosys: Why are Indian IT stocks rising despite volatile Indian stock market? EXPLAINED

Live Mint  

Stock market today: Shares of Indian information technology companies rose in trade on Wednesday, January 22 despite high volatility in the stock market. Ross Maxwell, Global Strategy Operations Lead at VT Markets had said that Asia's economies may face volatility due to Trump's trade wars and tariffs, but some sectors — like tech and defence — could thrive. Lastly, there …

Near-term headwinds may halt Coforge’s sizzling rally
3 months, 2 weeks ago

Near-term headwinds may halt Coforge’s sizzling rally

Live Mint  

Coforge Ltd stock has delivered mouth-watering returns to its investors in a matter of months. For instance, Coforge management recently told analysts at Nirmal Bang Institutional Equities that deal closures in the December quarter remained better than expected at the start of the quarter. The Nirmal Bang report dated 12 December further highlighted that there was strong show of confidence …

Coforge share price hits a record high, jumps over 100% in seven months; should you buy the stock?
3 months, 2 weeks ago

Coforge share price hits a record high, jumps over 100% in seven months; should you buy the stock?

Live Mint  

Coforge share price jumped almost 4 per cent to hit its record high of ₹9,349.45 in intraday trade on the BSE on Thursday, December 12, in an otherwise weak market. Coforge share price opened at ₹9,100 against its previous close of ₹8,999.80 and jumped 3.9 per cent to an all-time high of ₹9349.45. Nirmal Bang has a buy call on …

Stable Leadership Fuels Growth for Persistent Systems and Coforge
5 months, 1 week ago

Stable Leadership Fuels Growth for Persistent Systems and Coforge

Live Mint  

Persistent Systems and Coforge report strong revenue growth, driven by stable leadership. Persistent Systems experienced 5.27% sequential and 18.4% yearly revenue growth, with 92% of its revenue coming from clients in North America. Coforge reported a 26.8% sequential and 32.8% yearly revenue growth, with 75% of its revenue coming from the Americas. The leadership stability of both companies, with long-term …

Coforge Soars 12.3% to Record High on Strong Q2 Results
Trending News
5 months, 1 week ago

Coforge Soars 12.3% to Record High on Strong Q2 Results

Live Mint  

Coforge's Q2FY25 results are strong, with a 24.2% increase in consolidated net profit and significant growth in revenue and order book. The company also announces the acquisition of Cigniti Technologies for $220 million, which is expected to boost its growth trajectory. The stock price has surged 78% from its 52-week low in May 2024, reflecting investor confidence in the company's …

Coforge Q4 Results Live : profit rise by 94.86% YOY
10 months, 4 weeks ago

Coforge Q4 Results Live : profit rise by 94.86% YOY

Live Mint  

Coforge Q4 Results Live : Coforge declared their Q4 results on 02 May, 2024, revealing a topline growth of 8.69% and a significant profit increase of 94.86% YoY. Despite recent negative returns in the last week, 6 months, and YTD, Coforge currently holds a market cap of ₹30822.09 Cr. As of 04 May, 2024, analyst ratings for Coforge indicate 3 …

Coforge share price falls 10% after Q4 results, brokerages cut target prices: Details
10 months, 4 weeks ago

Coforge share price falls 10% after Q4 results, brokerages cut target prices: Details

Hindustan Times  

Coforge share price: Shares of Coforge Ltd fell as much as 10 per cent to ₹4505.25 today after the company announced its quarterly earnings for the March 2024 quarter, dividend and acquisition plans of Cigniti Technologies. Coforge share price falls 10% after Q4 results, brokerages cut target prices Coforge Q4 results Coforge reported a consolidated net profit of ₹223.7 crore …

Persistent Systems share price jumps over 4% on positive Q2 results
1 year, 5 months ago

Persistent Systems share price jumps over 4% on positive Q2 results

Live Mint  

Persistent Systems share price jumped over 4% after the technology company reported overall positive Q2FY24 numbers, which were aided by strong order booking. Persistent Systems share price opened at ₹5,784.65 apiece on BSE. Persistent Systems shares were hovering near 52-week high levels. Commenting on the quarterly earnings performance, Persistent's Chief Executive Officer and Executive Director Sandeep Kalra said, "Our proactive …

Coforge Q1 FY24 results: profit rise by 10.42% YOY
1 year, 5 months ago

Coforge Q1 FY24 results: profit rise by 10.42% YOY

Live Mint  

Coforge, the technology solutions provider, declared their Q1 FY24 results on 19 Oct, 2023. The company reported a significant growth in both revenue and profit compared to the previous year. In terms of quarterly performance, Coforge witnessed a 2.35% growth in revenue and a remarkable 43.99% increase in profit compared to the previous quarter. Out of the 27 analysts covering …

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