Coforge shares jump 2% as company announces $2.35B AI acquisition of Encora
On December 29, 2025, Coforge shares climbed more than 2% in early trading after the Indian IT services firm unveiled a major strategic move. The company announced it will acquire US‑based AI and engineering services firm Encora in a deal valued at $2.35 billion. This news grabbed investor attention and pushed the stock higher on hopes that the acquisition would accelerate growth and expand Coforge’s market footprint.
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