Sudhir Singh of Coforge outlines the strategic benefits of acquiring Cigniti, focusing on revenue growth, market expansion, and confidence in successful integration based on past acquisition achievements and team capabilities. Singh says: “Our intent is to raise roughly about $250 million and we will acquire between 51% and 54% of the promoter stake through a QIP.”
IGI shares hit 10% upper circuit as Q2 profit jumps 43%, revenue rises 31% YoY
International Gemological Institute shares hit the 10% upper circuit after Q2 FY27 revenue rose 31% and profit surged 43% year on year. Growth was supported