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Stock of the day : Coforge Ltd.!

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Disclaimer: This information is for educational purposes only and does not constitute any financial advice.

Coforge Ltd., a leading mid-cap IT services company, is attracting investor attention as analysts continue to maintain a bullish outlook despite recent short-term weakness in the stock. On July 14, the stock closed at ₹1,861.20, down slightly by 0.35%. However, with a strong 52-week high of ₹2,005 and a consistent dividend history, the company remains fundamentally sound.

The firm recently reported a robust 15.6% QoQ growth in net profit and steady revenue growth of 4.7%, signaling operational efficiency and demand resilience. With a low debt-equity ratio (~0.17) and solid return ratios (ROE ~12.7%, ROCE ~20.7%), Coforge’s balance sheet inspires confidence.

Technical indicators suggest near-term caution, but strong support lies near ₹1,830, with resistance around ₹1,920. Analysts recommend staggered buying for long-term investors, especially with Q1 FY26 earnings due next month.

Coforge remains a compelling choice for those seeking quality exposure in the IT mid-cap space, combining profitability, growth potential, and investor-friendly policies.

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