Shares of IT solutions firm Coforge tanked nearly 9 per cent on Thursday, July 24, 2025, even as the company reported a 21.5 per cent increase in quarter-on-quarter profit after tax (PAT). The counter opened with a fall of 1.28 per cent at Rs 1,825.40 on the BSE against the previous close of Rs 1849.10. The stock fell further to touch the low of Rs 1,684 - a fall of 8.85 per cent from the previous close. The fall in the share price also comes amid a spurt in trading by more than 9.32 times. Last seen, 2.78 lakhs shares of the company traded hands, much higher than the two-week average of 0.30 lakh.
The scrip has been losing for the last three days and has fallen 8.4 per cent in the period. Technically, it trades higher than the 100-day and 200-day moving averages but lower than the 5-day, 20-day and 50-day moving averages.
Coforge Share Price History
According to BSE Analytics, the stock has given multibagger returns of 395 per cent in 5 years and 125 per cent in three years. The return offered by the counter in one year is 32.94 per cent. However, it has corrected 12.52 per cent so far this year.
The 52-week high of the stock is Rs 2,003.59, hit on December 30, 2024. It has a 52-week low of Rs 1,120.01. The market cap of the company is Rs 56,412 crore.
Coforge Quarterly Results
The company has reported a profit after tax of Rs 317 crore for the April-June quarter. This represents a 21.5 per cent increase over the earnings of the previous quarter. Also, it is a 138.4 per cent rise compared to the same period last year.
Coforge Interim Dividend
The board of directors of the company has announced an interim dividend of Rs 4 per equity share with a face value of Rs 2 each. The company has fixed July 31, 2025, as the record date for determining the eligibility of shareholders.
