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Coforge slips 3% even as Jefferies, Nomura, others raise targets after Q2 earnings. Why are they bullish?

The Economic Times ·

Coforge shares fell despite strong Q2 results and brokerages raising target prices. Net profit surged 56.5% year-on-year to Rs 588.1 crore, while revenue jumped 54% to Rs 6,170.8 crore. EBITDA rose 67% to Rs 1,269.7 crore, with margins expanding 168 basis points to 20.6%. The company raised its FY27…

Read the full story at The Economic Times

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  1. Orang Asli in remote Kelantan and Terengganu areas urged to evacuate early as monsoon looms Malay Mail ·

    GUA MUSANG, Oct 26 — Orang Asli living in remote areas have been urged to move to safe locations immediately if faced with the threat of floods, sudden torrents or landslides during the Northeast Monsoon (MTL), without waiting for conditions to become critical. Kelantan and Terengganu Orang Asli…

  2. Manhunt ramps up after driveby shooting in Logan Nine ·

    A manhunt for the gunmen who opened fire at a boxing event in Logan has ramped up.

  3. Former Court of Appeal judge Mahadev Shankar dies at 94, leaves enduring legal legacy Malay Mail ·

    KUALA LUMPUR, Oct 26 — Former Court of Appeal Judge Datuk Mahadev Shankar, renowned for his legal acumen, language mastery, and enduring contributions to Malaysian jurisprudence, died at Shah Alam Hospital at 2 am today. He was 94. His close friend, Malaysia-India Heritage Society founder-president…

  4. Antonelli wins US Grand Prix Express Tribune ·

    Kimi Antonelli claimed his ninth win of the season, but not quite the drivers' title on Sunday when he drove his Mercedes to a convincing triumph ahead of Ferrari's Charles Leclerc in an intriguing and strategic United States Grand Prix. The precocious 20-year-old prodigy, seeking to be the youngest…

  5. Saim Ayub released from Pakistan ODI squad Express Tribune ·

    The Pakistan Cricket Board (PCB) confirms that Saim Ayub has been released from the Men’s ODI squad for the remainder of the ongoing tri-series. After a conversation with the head coach, Saim requested a desire to return to domestic cricket to work on his batting form and regain confidence.…

  6. CDF Munir to attend joint meeting with Saudi defence, Turkish intelligence chiefs in Tehran: IRNA Express Tribune ·

    Deputy Secretary of Iran's Supreme National Security Council Ali Bagheri announced on Monday that senior officials from Saudi Arabia, Pakistan, and Turkey will travel to Tehran as part of efforts to implement the idea of "endogenous security" in West Asia, according to IRNA. In an interview carried…

  7. Two killed in attack on Russia, Ukraine hit by drones RTÉ ·

    Two people killed in attack on Russia as drone strikes on Ukraine continue.

  8. Lynas waste disposal facility reaches 77pc completion as 2031 deadline looms Malay Mail ·

    KUALA LUMPUR, Oct 26 — The permanent disposal facility (PDF) for radioactive waste generated by Lynas Malaysia Sdn Bhd had achieved 77 per cent completion in construction and operations as of Aug 31, with 1.45 million metric tonnes of the 1.467 million metric tonnes of Water Leach Purification (WLP)…

  9. Loke says RM1,000 driver aid not a Melaka poll sweetener, rollout continues nationwide Malay Mail ·

    MELAKA, Oct 26 — Transport Minister Loke Siew Fook has denied that the RM1,000 special financial assistance given to taxi, rental car and school bus drivers in Melaka today was intended to fish for votes ahead of the Melaka state election. He said the incentive was being extended to all taxi, rental…

  10. Major storm and hail warning for south-east Queensland The Sydney Morning Herald ·

    Soaked residents across south-east Queensland are being warned to prepare for another drenching, with winds, hail and flooding forecast.

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