COFORGE - COFORGE LIMITED Share Price

Coforge Limited is a Computers - Software & Consulting company, trading under the stock ticker COFORGE. With a market capitalization of Rs. 51,530.2 Crores, the company is a prominent player in the information technology (IT) sector, offering a wide range of IT and IT-enabled services across several regions, including India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Coforge specializes in digital process automation services, which encompass:

• Workflow/process management
• Artificial intelligence (AI) and predictive analytics
• Robotic Process Automation (RPA)
• Case management

In addition to automation, the company provides digital services such as interactive services, product engineering, enterprise operations, and intelligent automation. Furthermore, it offers cloud and infrastructure management services, covering aspects like:

• Cloud solutions
• Workplace management
• Cybersecurity
• Data centers
• Always-on networks
• Service integration

Cybersecurity is a major focus for Coforge, offering services that include:

• Security incident management
• Vulnerability management
• Threat intelligence
• Identity and access management
• Phishing analysis and training
• Governance & risk management
• Workplace security

Coforge also delves into AI and machine learning, business analytics and BI, data engineering and management, D&A Ops, and advisory services. The company's engineering services include product quality, automation engineering, business assurance testing, enterprise and product testing, along with AI and ML infused testing services. Moreover, Coforge provides business process solutions and caters to various sectors such as insurance, travel, tourism, hospitality, banking and financial services, retail, healthcare, and public sectors.

Established in 1992 and previously known as NIIT Technologies Limited until its renaming in August 2020, Coforge has strategic alliances with companies like Kong Inc. for cloud API services, and Newgen Software Technologies Limited to bolster digital operations for organizations.

In terms of financial performance, Coforge has reported a revenue of Rs. 11,291 Crores over the trailing 12 months, alongside a dividend yield of 1.23%. The company distributed Rs. 95 as a dividend per share in the last year. However, it has diluted shareholdings by 9.8% over the past three years, despite achieving significant revenue growth of 88.3% in that same period.