Conviction Delivery Idea
BUY COFORGE CMP 5123 SL 4939 TGT 5594 (10% Upside Potential)
Expects positive for Coforge after the company reported 9.5% QoQ rise in consolidated net profit in Q2.
Company maintained FY24 CC revenue growth guidance of 13%-16%.
The board declared a second interim dividend of Rs19/share.
Volume of 4.5 lakh shares traded on NSE
BUY COFORGE CMP 5123 SL 4939 TGT 5594 (10% Upside Potential)
Expects positive for Coforge after the company reported 9.5% QoQ rise in consolidated net profit in Q2.
Company maintained FY24 CC revenue growth guidance of 13%-16%.
The board declared a second interim dividend of Rs19/share.
Volume of 4.5 lakh shares traded on NSE
Comment:
27.50% Up from the given levels
cmp 6067