COFORGE.NS Coforge Limited NSE -3.50% to INR 1642.00 09 Jan 2026: 22.61% model upside
Coforge Limited (COFORGE.NS stock) closed after hours at INR 1642.00, down -3.50% from the previous close on 09 Jan 2026. The drop followed broader tech weakness and a rotation out of midcap IT names. Volume was 1,643,132.00 shares versus an average of 1,799,588.00, signalling below-average selling pressure but continued short-term momentum risk for the stock on the NSE in India.
Price action and market context for COFORGE.NS stock
Coforge Limited (COFORGE.NS stock) traded between INR 1630.00 and INR 1661.10 today, opening at INR 1659.00 and closing after hours at INR 1642.00. The one-day decline of -3.50% trims year-to-date performance by -6.99% while the 1-year return remains +11.01%. The move sits against a Technology sector YTD drop of -11.83%, highlighting relative pressure on IT names and short-term sector flows.
Valuation and fundamentals: COFORGE.NS stock metrics
Coforge (COFORGE.NS stock) posts EPS INR 32.50 and a trailing PE of 50.68, above the Technology sector average PE of 46.39, indicating a valuation premium. Market capitalisation stands at INR 551.38B with a book value per share of INR 266.66 and PB ratio near 7.99. Profitability ratios show an operating margin of 33.14% and ROE of 15.82%, supporting the premium but leaving little margin for earnings disappointment.
Technicals and Meyka grade for COFORGE.NS stock
Technical indicators on COFORGE.NS stock show RSI 35.38, MACD negative with histogram -8.82, and ADX 31.62 indicating a strong downward trend. Meyka AI rates COFORGE.NS with a score out of 100 at 60.99 (Grade B) with a suggestion to HOLD. This grade factors S&P 500 and sector comparison, financial growth, key metrics, forecasts and analyst consensus and is informational only.
AI capabilities, growth drivers and COFORGE.NS stock outlook
Coforge Limited (COFORGE.NS stock) sells digital process automation, AI and predictive analytics, and cloud services to insurance, travel, BFSI and healthcare clients, positioning it well in AI-driven digital deals. Revenue per share is INR 430.44 and return on invested capital is 32.41%, supporting medium-term growth as clients adopt AI automation. Contract wins and the upcoming earnings on 22 Jan 2026 remain near-term catalysts.
Risks, liquidity and sector context for COFORGE.NS stock
Key risks for COFORGE.NS stock include high relative valuation, client concentration in specific verticals, receivables days at 87.07, and broader tech weakness. Liquidity is reasonable with daily volume around 1,643,132.00 but below the sector average of 580,703.00 for large-cap tech names, so sharp moves can amplify on lower turnover. Monitor macro headlines and ETF flows such as midcap rotations (Mirae Asset Nifty Midcap 150 ETF holdings).
COFORGE.NS stock forecast and price targets
Meyka AI’s forecast model projects a short-term range: monthly INR 1410.75, quarterly INR 1909.01, and yearly INR 2013.33. Versus the current INR 1642.00, the model implies a +22.61% upside to the 12-month projection and a -14.08% downside to the monthly projection. These are model-based projections and not guarantees; use them as scenario markers ahead of the 22 Jan 2026 earnings release.
Final Thoughts
Bottom line: COFORGE.NS stock closed after hours at INR 1642.00, marking a -3.50% intraday decline amid tech-sector pressure. Fundamentals remain decent with EPS INR 32.50, ROIC 32.41%, and a market cap of INR 551.38B, but the stock trades at a premium PE 50.68 versus peers. Meyka AI’s forecast model projects a 12-month target of INR 2013.33, implying an upside of 22.61% from current levels while the one-month model target at INR 1410.75 signals near-term downside risk of -14.08%. Our view is balanced: treat COFORGE.NS stock as a growth-biased holding where earnings execution and AI deal flow will matter most. Traders should focus on momentum and technical support near INR 1565.16 (Bollinger lower band), while investors eyeing the AI opportunity can consider phased exposure ahead of the 22 Jan 2026 results. For live monitoring see COFORGE.NS on Meyka and check broader market context like Nifty trends for directional bias source. Forecasts are model-based projections and not guarantees.
FAQs
What is the current price and short-term trend of COFORGE.NS stock?
COFORGE.NS stock is at INR 1642.00 after hours on 09 Jan 2026. Technicals show RSI 35.38 and MACD negative, signalling short-term downward momentum that may continue until earnings on 22 Jan 2026.
What valuation metrics should investors watch for COFORGE.NS stock?
Key metrics: trailing PE 50.68, EPS INR 32.50, PB 7.99, and market cap INR 551.38B. Watch quarterly revenue, margin trends and receivables days (87.07) for valuation re-rating.
What is Meyka AI’s price forecast for COFORGE.NS stock?
Meyka AI’s forecast model projects monthly INR 1410.75, quarterly INR 1909.01, and yearly INR 2013.33, implying a +22.61% 12-month upside from INR 1642.00. Forecasts are model-based projections and not guarantees.
What catalysts could move COFORGE.NS stock soon?
Near-term catalysts include the earnings release on 22 Jan 2026, large AI deal announcements, and sector flow shifts. Positive commentary on AI deal pipeline or margin guidance could trigger upside.
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.
