Coforge Ltd

Stage 2 · Advancing · week 10Setup 5.7 ★ FairWeak -4.1

As of 16 Oct 2026, Coforge is in Stage 2 — advancing, the uptrend phase, in week 10 (since 10 Aug 2026). It closed at ₹1,952, 3.1% below its 52-week high and above its 200-day average, which is falling. In Information Technology, 21.8% of stocks are in Stage 2.

Coforge Limited provides information technology (IT) and IT-enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific. More about the company

₹1,951.9
+0.91% today
₹86,477 Cr · Large cap
Market Neutral — FadingInformation Technology 21.8% in Stage 2-2.9 pts / 20dIT Services & Consulting 12.2%-3.6 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

5.7 ★ Fair

Momentum

Steady

Edge

Weak -4.1

Setup-score rank among Stage 2 peers: #3 of 10 in IT Services & Consulting · #21 of 38 in Information Technology

Is COFORGE early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-3.1%
₹1,073.9 lo₹2,014.6 hi
3.1% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 10
1w13w26w
Week 10 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
27.8%
200 DMA: ₹1,526.7 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.89x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
→
MA20 flat · +0.3% vs MA50 +5.7%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+10.5%
3M
+29.4%
6M
+48.6%
YTD
+4.7%
1Y
+14.4%
Sector
Information Technology
↓ Peaking
Stage 2%
21.8%
20d Δ
-2.9pp
1M return
+7.8%
3M return
+6.9%
Sector Stage-2 % · last 20 days
This stock ranks #24 of 37 Stage 2 stocks in Information Technology by RS.
Industry
IT Services & Consulting
↓ Peaking
Stage 2%
12.2%
20d Δ
-3.6pp
1M return
+10.2%
3M return
+8.7%
Industry Stage-2 % · last 20 days
Ranks #5 of 10 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 16w
S2 18w
S2 27w
S4 15w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 2w → S2 18w → S3 6w → S4 8w → S1 5w → S2 27w → S3 9w → S4 4w → S1 4w → S2 9w → S3 10w → S2 11w → S3 4w → S4 15w → S1 11w → S2 10w current
Total tracked: 168 weeks across 17 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-08-10
4 appearances in last 60 days. First seen: 2024-08-13.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S2
Wk 10 · Vol 0.89x
2026-10-15S2
Wk 10 · Vol 1.14x
2026-10-14S2
Wk 10 · Vol 1.20x
2026-10-13S2
Wk 9 · Vol 1.68x
2026-10-12S2
Wk 9 · Vol 0.53x
2026-10-09S2
Wk 9 · Vol 0.93x
2026-10-08S2
Wk 9 · Vol 0.67x
2026-10-07S2
Wk 9 · Vol 0.36x
2026-10-06S2
Wk 8 · Vol 0.68x
2026-10-05S2
Wk 8 · Vol 1.32x
2026-10-01S2
Wk 8 · Vol 1.25x
2026-09-30S2
Wk 8 · Vol 1.15x
Sector Peers — Stage 2All →
ONEPOINT
wk 4 · -0.2% from hi
9.2
OPTIEMUS
wk 12 · -11.4% from hi
8.6
CPPLUS
wk 20 · -8.5% from hi
8.5
PANACHE
wk 18 · 0.0% from hi
8.4
E2E
wk 23 · -7.1% from hi
8.0
Moving averages & range
50 DMA
₹1,853
200 DMA
₹1,526.7
52W High
₹2,014.6
52W Low
₹1,073.9
5D Low
₹1,846.6
Resistance levels (recent highs)
20d High
₹1,951.9
60d High
₹2,014.6
120d High
₹2,014.6
250d High
₹2,014.6
Next resistance
+3.2%
to 60d High
Ask the Market AI about COFORGEAsk →
P/E (TTM)
31.7
Forward 20.2
Earnings Growth (YoY)
+134.0%
Revenue +30.5%
ROE
+18.6%
Profit margin +9.5%
Dividend Yield
1.12%
P/B 4.9
About this companyInformation Technology· IT Services & Consulting

Coforge Limited provides information technology (IT) and IT-enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific. The company offers Artificial intelligence services and platforms; and AI (artificial intelligence) and ML (machine learning) services, including predictive analytics, model risk management, and recommendation engine; intelligent automation solutions, such as enterprise and intelligent process automation, and smart application; data analytics solutions, such as data migration, cloud data engineering, master and meta data management, data quality management, data governance, self-service BI, descriptive and customer analytics, and workforce analytics; process consulting services. It also provides engineering services, such as digital and product engineering, legacy modernization, agile transformation, and enterprise integration; quality engineering services, including enterprise package assurance, data and intelligence, digital quality engineering, quality engineering lifecycle automation, and advisory; and in application development and maintenance, managed services, cloud computing, and business process outsourcing services. It serves banking and financial, travel, transportation, hospitality, insurance, healthcare, life science, retail, consumer goods, public sector, energy, and utilities industries. The company has a strategic partnership with Solstice Innovations, Inc. to develop agentic AI-led adoption of modern core insurancemtechnology for P&C insurers. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in Gautam Buddha Nagar, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.