Coforge’s acquisition of Encora is seen as a transformative, high-stakes deal strengthening long-term capabilities but creating near-term pressure on earnings and stock. Analysts cite the acquisition’s size, valuation, and complexity as reasons for potential short-term stock weakness, though many view the recent correction as a buying opportunity for long-term investors.
FII exodus, crude shock, and Rupee under pressure: Deepak Shenoy breaks down India’s market storm
Indian stock markets are facing tough times due to global economic factors. Deepak Shenoy of Capitalmind MF advises investors to look beyond immediate market swings.