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.
Kusumgar’s Rs 650-crore IPO opens today; grey market points to nearly 40% listing gains
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166