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Stock analysts see another quarter of strong deal signings, even as they may be lower than numbers in March 2025 quarter that ...
Coforge has incurred a capex of $85 million to set up a data centre for a client, with $62 million received as advance from ...
Coforge said that the acquisition, for which financial details were not disclosed, will not only help it grow to $2 billion by FY27 but "equally ensure that Coforge's operating margins improve by ...
India's mid-sized information technology segment has seen frequent churn over the past two years. While the top order stays ...
Coforge on Thursday said it will acquire up to 54% stake or up to 7.162 million equity shares in Cigniti Technologies at Rs 1,415 per share and believes that acquisition will help it grow to a $2 ...
Coforge’s share price dropped over 9% as brokerages raise valuation concerns over Cigniti takeover and Q4 margins felt short form analysts expectation.
Coforge Ltd (BOM:532541) has successfully integrated Cigniti, with synergies exceeding expectations and a target to achieve an 18% EBITDA margin for Cigniti by the end of the financial year.
Amid this, Coforge has decided to acquire 54% stake in Cigniti Technologies through a cash-cum-stock swap deal and will eventually merge it post the required approvals.
Digital services and solutions provider Coforge on Thursday acquired an 11 per cent stake in IT company Cigniti Technologies for Rs 426 crore through an open market transaction. According to the bulk ...
Nevertheless, given that the company has now dropped the annual growth guidance, and the Cigniti integration (although Cigniti grew by a decent 2.4 percent sequentially in reported currency in Q1 ...
This integration has added 5,871 staff to Coforge's workforce during the quarter, with 4,430 of these new employees coming from the acquisition of Cigniti. Consequently, the total employee count ...
Coforge is set to acquire 54 percent stake in Cigniti Technologies at Rs 1,415 per share, the company informed the exchanges on May 2. The share price of Rs 1,415 represent a premium of 3 percent ...
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