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Buy Coforge, target price Rs 1,500: JM Financial

​​Coforge also announced acquisition of Cigniti Tech (CIGN IN; NR), an assurance (testing) company. Management believes Cigniti complements Coforges verticals, geo footprint and client relationships. Coforge has done comprehensive audit (financial and forensic) of the target and finds comfort in scaled relationships and in-place contracts (MSAs over SOWs). We estimate that at current price, the acquisition will be EPS accretive. ....

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HSBC ELSS Tax saver Fund, DSP ELSS Tax Saver Fund to UTI ELSS Tax Saver Fund: Tax saving mutual funds that have changed their names

Following Sebi s recent order to use uniform nomenclature for tax saving mutual funds, prominent ELSS have changed their names to help investors in identifying schemes in the same league. ....

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HDFC Mutual Fund vs SBI Mutual Fund vs Kotak Mutual Fund: Where these mutual funds invested in September

Mutual Fund s total assets under management (AUM) have grown significantly in September 2023. As per data of AMFI, the mutual fund industry s net AUM is Rs 46.5 lakh crore, while the average AUM stands at Rs 47 lakh crore for September 2023. ....

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Coforge Q3 FY'21 revenues up 10.9% Y-on-Y


Coforge Q3 FY 21 revenues up 10.9% Y-on-Y
ANI |
Updated: Jan 29, 2021 11:57 IST
Noida (Uttar Pradesh) [India], January 29 (ANI/PRNewswire): Coforge Limited, a leading global IT solutions organization that was earlier known as NIIT Technologies Ltd, on Thursday announced a strong growth-led operating performance for the quarter ended December 31, 2020 (Q3FY 21).
The Company has reported consolidated revenue of Rs 11,906 million during Q3FY 21, representing a growth of 10.9 per cent over the same quarter previous year. On a sequential basis, consolidated revenue grew 3.2 per cent over the preceding quarter in rupee terms, 3.3 per cent in constant currency terms, and 3.8 per cent in dollar terms. ....

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