COFORGE.NS Coforge Ltd NSE INR 1681.60 pre-market 16 Jan 2026: AI deals could spark rebound
COFORGE.NS stock opens pre-market at INR 1681.60, down 1.57% on 16 Jan 2026 on the NSE in India. Investors watch AI services and large deal wins as the main near-term catalyst. Coforge Limited (COFORGE.NS) shows a PE of 51.89 and EPS of 32.41, keeping valuation in focus. Meyka AI, our AI-powered market analysis platform, flags AI contract flow and margin stability as the drivers most likely to move the share price in the coming sessions.
COFORGE.NS stock: Pre-market snapshot and key numbers
COFORGE.NS trades at INR 1681.60 with intraday range INR 1673.40–1729.20 and volume 1,903,377 shares. The stock is below its 50-day average of INR 1794.54 and below the 200-day average of INR 1723.89, signalling short-term pressure. Market cap stands at INR 562,959,071,042.00 with 334,775,851 shares outstanding.
Earnings are next week on 22 Jan 2026, which may re-rate the stock if AI-related revenue or margin commentary surprises. For sector context, broader IT names are weighing on sentiment amid a valuation reset; see the Nifty IT index commentary for detail source.
COFORGE.NS stock fundamentals and valuation
Coforge Limited lists a trailing EPS of 32.41 and a reported PE near 51.89. Key balance-sheet metrics show debt to equity 0.14 and current ratio 1.57, which point to low leverage and adequate short-term liquidity. Price-to-book sits at 8.16 and price-to-sales at 3.91, keeping valuation above many peers in the Technology sector.
Analyst coverage is limited and price-target consensus is not published. We compare these multiples with the sector average PE of 44.49, which shows Coforge carries a premium. Investors should weigh growth versus premium valuation when considering COFORGE.NS stock.
COFORGE.NS stock technicals and trading view
Technical indicators show momentum cooling. RSI is 41.27, MACD is negative, and ADX at 31.48 indicates a strong trend to the downside. Bollinger Bands middle at INR 1741.45 and lower at INR 1559.97 frame near support and resistance.
Short-term traders should watch INR 1,550.00 as a support test and INR 1,900.00 as a first upside target. Volume is in line with average at 1,903,377 versus average 1,833,870, suggesting market interest remains steady even on pullbacks.
Meyka AI rates COFORGE.NS with a score out of 100
Meyka AI rates COFORGE.NS with a score out of 100: 71.39 / 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 yearly INR 2013.33, implying an upside of 19.73% from the current price of INR 1681.60. The model also shows a 3-year target of INR 2450.21 and a 5-year target of INR 2887.76. Forecasts are model-based projections and not guarantees.
AI opportunity, sector tailwinds and news setup
Coforge sells AI automation, data engineering, and cloud services that match enterprise demand for generative AI and automation. Large IT peers are partnering with chipmakers and cloud vendors to push enterprise AI adoption; TCS partnering with AMD is one example of that trend source. This helps demand visibility for IT services like Coforge’s.
Near-term, Coforge’s deal wins and client references on AI projects will matter more than headline multiples. We link to our Coforge stock page for real-time data and alerts Meyka COFORGE profile.
Risks, valuation headwinds and trading strategy
Primary risks include a valuation premium, revenue slowdown in legacy services, and below-expectations margins if pricing pressure intensifies. High PE near 51.89 and price-to-book 8.16 leave the stock exposed to multiple compression if sector sentiment weakens.
For traders, consider a staged approach. Use a stop under INR 1,550.00 on new positions and scale in on confirmed AI contract announcements or a close above INR 1,900.00. Long-term investors should focus on earnings deliveries and free-cash-flow conversion before adding material weight to portfolios.
Final Thoughts
COFORGE.NS stock trades at INR 1681.60 pre-market on 16 Jan 2026 with mixed signals. Fundamentals show healthy margins and low leverage, but valuation is rich versus sector averages. Meyka AI’s model projects INR 2,013.33 in 12 months, implying ~19.73% upside from current levels, while a sensible near-term upside target is INR 1,900.00 and key support sits near INR 1,550.00. The next earnings report on 22 Jan 2026 and fresh AI deal disclosures are the most likely catalysts. Use earnings and AI contract updates to re-assess direction and size positions gradually. Remember, forecasts are model-based projections and not guarantees. Meyka AI provides this analysis as data-driven market context, not financial advice.
FAQs
What is the near-term price range for COFORGE.NS stock?
Near term, expect COFORGE.NS stock to trade between INR 1,550.00 (support) and INR 1,900.00 (first resistance) unless earnings or AI deal news shifts sentiment.
How does Meyka AI view COFORGE.NS stock valuation?
Meyka AI views COFORGE.NS stock as premium with a PE of 51.89 and PB of 8.16. The firm rates it B+ (71.39), weighing growth potential against valuation risk.
What catalyst could move COFORGE.NS stock higher?
Material AI contract wins, positive guidance on margins, or better-than-expected Q3 results on 22 Jan 2026 could lift COFORGE.NS stock and validate the Meyka AI forecast.
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.
