Coforge shares more than double, reaching Rs 2,021 from March low
Coforge stock surged over 100% in under six months, climbing from a 52-week low of Rs 1,008 to a recent high of Rs 2,021. While other IT peers have recovered partially, Coforge continues to outperform its sector.
Coforge shares more than doubled in value over the past six months, rising from a 52-week low of Rs 1,008 recorded on March 17, 2026. The stock climbed to a new 52-week high of Rs 2,021 on August 31, marking an increase of over 100%. Earlier in the year, Coforge fell more than 28% in February as artificial intelligence concerns and US interest rate hike fears impacted the IT sector. The company derives a significant portion of its revenue from the United States, making it sensitive to changes in corporate spending expectations. Despite broader market volatility driven by inflation and regional conflict tensions, Coforge shares maintained strong momentum. Analysts noted attractive valuations following the initial correction, which helped the stock recover despite ongoing economic headwinds.
