Coforge stock gains 11% in a week to hit 9-month high; brokerages maintain ‘buy’ call

On January 20, Coforge posted a 24 percent increase in its consolidated net profit to ₹228 crore for the December quarter. The company posted a net profit of ₹183 crore in the year-ago quarter. Axis Securities has maintained its ‘buy’ call on the stock with a target price of ₹4,715 apiece.

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