
📈 Coforge Shares Jump 5%: Here’s Why Investors Are Bullish!
🔹 Strong Q4 Earnings:
- Net profit rose 17% YoY to ₹261.2 crore
- Revenue surged 47% YoY to ₹3,410 crore
💸 Dividend Declared:
- Interim dividend of ₹19/share for FY25
- Record date: May 12
🔀 Stock Split Announced:
- 1:2 stock split (1 share becomes 2)
- Record date: June 4
📊 Brokerage Buzz:
- Nomura, Motilal Oswal, and Nuvama maintain ‘Buy’ ratings
- Revised target price range: ₹9,400–₹11,000
- Implies up to 65% upside from current levels
🚀 The combination of robust earnings, attractive corporate actions, and bullish analyst calls has sparked optimism on Dalal Street!