“Bullish on Coforge with a target price of ₹1,860, implying a 27% upside. Despite an expected flat QoQ constant currency revenue growth in Q1FY27 due to the exit from India pass-through business, the firm believes the $1.75 billion executable order book and healthy large deal wins will support growth beyond the one-time impact.”

Motilal Oswal Analysis’s track record: 6 graded calls · 95% CI 19–81%