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The Financial Express

Coforge jumps about 5% after June-quarter revenue rises 49% to Rs 5,527.7 crore

AI Market Summary
Midday Indian equity movers were driven by mixed June-quarter earnings and corporate updates. IT names (Infosys, TCS) and Coforge rose on strong revenue growth and AI-related momentum, while L&T advanced on robust order inflows and Tata Capital on higher profit and improving asset quality. Offsetting strength, Suzlon fell as margins narrowed and profit slipped despite revenue growth. Overall, the news is stock-specific with limited cross-asset spillover.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.74%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Coforge reported a strong June-quarter showing, with revenue rising 49% year on year to Rs 5,527.7 crore and profit up 63% while maintaining healthy margins. The board declared an interim dividend of Rs 4 per share. The stock was up about 5% intraday, extending a recent rally.
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