COFORGE.NS INR 1694.20 intraday gain 29 Jan 2026: AI services support upside
We see COFORGE.NS stock trading at INR 1694.20 on the NSE intraday on 29 Jan 2026, up 1.80% from the prior close. Coforge Limited (COFORGE.NS) remains a technology leader in AI-enabled process automation and digital services, and today’s move follows continued client demand for AI projects. We focus on valuation, AI-driven revenue potential, and short-term technicals to place the price action in context for India investors.
Intraday price and volume snapshot for COFORGE.NS stock
COFORGE.NS stock opened at INR 1671.00 and hit a day high of INR 1697.20 and a day low of INR 1668.70. Trading volume stands at 1,311,827 shares versus an average volume of 1,930,315, suggesting below-average participation so far.
The stock shows a one-day change of +1.80% and a year range of INR 1194.01–INR 1994.00. Market capitalization is INR 567,628,156,400.00 with 335,042,000 shares outstanding.
Fundamentals and valuation: COFORGE.NS stock analysis
Coforge reports EPS 33.38 and a trailing PE of 50.75, with a price-to-book near 8.25. Return on equity is 16.29% and debt-to-equity is low at 0.14, showing conservative leverage.
Margins are healthy: gross margin about 39.99% and operating margin 26.21%. These metrics show premium valuation versus peers in the Technology sector, where average PE is 24–35 in India. Investors should weigh growth from AI services against the current premium multiple.
AI opportunity and revenue growth for COFORGE.NS stock
Coforge sells digital process automation, AI, predictive analytics and cloud services across insurance, BFSI and travel. Revenue per share TTM is 454.75 and the company reported fiscal revenue growth of 33.76% in the last reported year.
Analyst consensus and client wins in AI projects can lift high-margin digital services. We view AI-driven deal wins as the primary catalyst for revenue acceleration and margin expansion if order conversion sustains.
Technical picture and trading signals for COFORGE.NS stock
Momentum indicators show mixed signals: RSI is 41.27, MACD histogram is negative at -4.82, and ADX is 31.48, indicating a strong trend but directional uncertainty.
Key moving averages: 50-day average is INR 1778.45 and 200-day average is INR 1739.39. Bollinger middle band sits at INR 1741.45; price below the 50-day suggests near-term consolidation risk. Traders should watch a break above INR 1778.45 or below INR 1559.97 for clearer follow-through.
Meyka AI grade and model forecast for COFORGE.NS stock
Meyka AI rates COFORGE.NS with a score out of 100. Meyka AI rates COFORGE.NS with a score of 77.36 / 100, Grade B+, Suggestion: 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 monthly INR 1565.72, quarterly INR 1754.26, and yearly INR 2076.75. Compared with the current price of INR 1694.20, the 12-month model implies an upside of 22.54% to the yearly forecast. Forecasts are model-based projections and not guarantees.
Risks, sector context and catalysts for COFORGE.NS stock
Primary risks include a stretched valuation, slower discretionary IT spending, and receivables days near 82.11, which can pressure working capital. Technology sector average PE is ~43.14; Coforge trades at a premium to larger peers.
Catalysts include new AI contract wins, stronger-than-expected earnings on 04 May 2026, and improving utilization. Sector performance has lagged recently; any broad tech rebound would likely help Coforge shares.
Final Thoughts
COFORGE.NS stock trades at INR 1694.20 intraday on 29 Jan 2026 with a modest volume backdrop. Fundamentals show strong margins, EPS 33.38, and conservative debt, but the stock carries a high PE of 50.75 and elevated price-to-book near 8.25. Our technical read flags consolidation risk while AI revenue opportunity remains the key upside driver. Meyka AI’s model projects a 12-month target near INR 2076.75, implying ~22.54% upside from the current price. That forecast assumes continued AI deal flow and margin stability. We remind readers these projections are model-based and not guarantees. For intraday traders, watch breakout above INR 1778.45 or failure below INR 1668.70. For investors focused on AI exposure, Coforge offers growth potential but requires careful attention to valuation and quarterly execution. For more details and live updates visit our Coforge page on Meyka and the latest market calendar from Investing.com source and source. Meyka AI is an AI-powered market analysis platform providing data-driven context for investors.
FAQs
What is the current intraday price of COFORGE.NS stock?
COFORGE.NS stock is trading at INR 1694.20 intraday on 29 Jan 2026, up 1.80% from the previous close of INR 1664.30. Volume today is 1,311,827 shares.
How does Coforge’s valuation compare to peers in the Technology sector?
Coforge trades at a trailing PE of 50.75 and PB of 8.25, above the sector average PE near 34.90. Premium valuation reflects growth in AI and digital services but raises execution risk.
What are the key catalysts for COFORGE.NS stock in 2026?
Key catalysts include AI contract wins, stronger digital services revenue, and the earnings release on 04 May 2026. Positive surprises in margins or order backlog would support the stock.
What downside risks should investors monitor for COFORGE.NS stock?
Monitor longer receivables days (82.11), a high PE multiple, and slower IT spending. A failure below the intraday support of INR 1668.70 could signal near-term weakness.
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.
