Coforge share price fell over 7% on Friday, continuing its losing streak for the fourth straight session. The stock dropped as much as 7.43% to ₹6,625 apiece on the BSE, despite the company announcing the acquisition of a 100% stake in Rythmos Inc. through its wholly owned subsidiary.

In March 2025, Coforge Inc., a subsidiary of Coforge, signed a stock purchase agreement to acquire all outstanding shares of Rythmos Inc., a US-based company.

Despite this strategic move, the stock remained under pressure. Coforge shares have declined 15% over the past year, though they have delivered multibagger returns of 547% over the last five years. At present, the stock is trading nearly 34% below its 52-week high.