Coforge shares saw a significant jump following robust Q4 financial results. The company reported a substantial surge in net profit and revenue. Analysts are optimistic, with several brokerages issuing ‘Buy’ recommendations. Strong deal wins and an expanding order book fuel confidence for future growth. The acquisition of Encora is also expected to boost revenue.
Market Wrap: Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperform
Indian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating Iran-US tensions.