COFORGE.NS closed INR 1687.70 on 22 Jan 2026: AI stocks view
COFORGE.NS stock closed at INR 1687.70 on 22 Jan 2026, down 0.35% from the previous session on the NSE. Volume finished at 2,134,697 shares as investors digested growth in AI-led services and near-term valuation questions. We review earnings metrics, technical signals and an AI-sector view to show how Coforge Limited’s positioning in digital automation and AI can shape the stock’s next 12 months.
COFORGE.NS stock: Market snapshot and price action
Coforge Limited (COFORGE.NS) closed at INR 1687.70, off INR 6.00 from the prior close of INR 1693.70. The intraday low-high range was INR 1674.00–INR 1740.20. Average volume over the session exceeded the 30-day mean with 2,134,697 traded vs avg 1,931,139, a relative volume of 2.06. The stock sits below its 50-day average (INR 1790.07) and slightly below its 200-day average (INR 1732.64), signalling short-term consolidation while longer-term trend tests continue.
COFORGE.NS stock: Fundamentals and earnings indicators
Latest company data shows EPS INR 32.52 and a trailing PE of 51.33. Market capitalization stands at INR 559,252,106,400.00 with 335,042,000 shares outstanding. Key ratios: ROE 15.82%, current ratio 1.57, debt-to-equity 0.14, and price-to-book 8.10. Margins remain healthy with gross margin near 39.93% and operating margin 33.14%. Earnings growth has been mixed; FY revenue grew 33.76% year-over-year but EPS showed modest contraction, reflecting share dilution and one-off items.
COFORGE.NS stock: AI positioning and growth opportunities
Coforge offers digital process automation, AI and predictive analytics, RPA and cloud services across insurance, BFSI, travel and healthcare. That product mix keeps COFORGE.NS in the AI stocks conversation as clients ramp automation spend. Strategic alliances (API and digital ops partners) support cross-selling. The Technology sector’s lag vs market means selective AI names can outperform, but growth depends on deal pipeline and execution in North America and Europe.
COFORGE.NS stock: Technicals, volatility and liquidity
Technical indicators show RSI 41.27 and MACD histogram negative at -4.82, indicating mild bearish momentum. ATR is 47.68, and Bollinger middle band is INR 1741.45. On balance volume is positive but MFI at 20.02 shows cash flow weakness. Liquidity is strong with avg volume 1,931,139 and session volume 2,134,697, supporting tradeability for institutional and quant-driven AI strategies.
COFORGE.NS stock: Meyka AI grade and model forecast
Meyka AI rates COFORGE.NS with a score of 78.45 out of 100 — Grade B+ (BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12‑month target of INR 2076.75, a quarterly projection of INR 1754.26 and a monthly projection of INR 1565.72. Compared with the current INR 1687.70, the 12‑month model implies an upside of 23.05%. Forecasts are model-based projections and not guarantees.
COFORGE.NS stock: Price targets, risks and trading strategy
Analyst-style price bands for trading: conservative target INR 1500.00 (downside buffer), base target INR 1750.00 (near-term resistance), bullish target INR 2200.00 (if AI contracts accelerate). Key risks: rich valuation (PE >50), receivables cycle (DSO ~87 days), and slower discretionary IT spends. Opportunities: cross-sell automation, margin expansion and M&A in niche AI services. For AI stocks strategy, consider position sizing, stop at INR 1550.00, and re-evaluate on next earnings release.
Final Thoughts
COFORGE.NS stock closed INR 1687.70 on 22 Jan 2026 after a muted session. Fundamentals show robust margins and ROE 15.82%, but a high trailing PE (51.33) flags valuation sensitivity for short-term traders. Technicals favour caution while volumes and liquidity support active trading strategies. Meyka AI’s forecast model projects a 12‑month level of INR 2076.75, implying a 23.05% upside from today’s price; the quarterly projection is INR 1754.26 (approx 3.95% upside). Meyka AI’s B+ grade (score 78.45) reflects solid growth and AI exposure versus near-term valuation risk. Investors focused on AI stocks should weigh Coforge’s durable client mix and automation services against compression risk if IT discretionary spend slows. Forecasts are model-based projections and not guarantees. Meyka AI is referenced here as an AI-powered market analysis platform for context and scenario planning.
FAQs
What drove COFORGE.NS stock movement today?
COFORGE.NS stock moved on mixed signals: earnings cadence, sector flows in Technology, and active trading. Today’s volume 2,134,697 and decline of INR 6.00 reflect profit-taking and valuation checks ahead of upcoming earnings.
How does COFORGE.NS valuation compare to peers?
COFORGE.NS stock trades at a trailing PE of 51.33, above the IT sector average. Price-to-book 8.10 is elevated, signalling premium pricing for growth and AI exposure versus larger peers like TCS and Infosys.
What is Meyka AI’s outlook for COFORGE.NS stock?
Meyka AI rates COFORGE.NS B+ (BUY) with a 12‑month forecast of INR 2076.75, implying ~23.05% upside from INR 1687.70. This is model-based and not a guarantee.
What are the main risks to COFORGE.NS stock?
Primary risks for COFORGE.NS stock include rich valuation, lengthening receivables (DSO ~87 days), slowdown in discretionary IT spend, and margin pressure from pricing or talent costs.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.