Buy Coforge, target price Rs 12,000: Motilal Oswal Financial Services Jobbery Stock Market update New

Motilal Oswal recommends buying Coforge Ltd., targeting Rs 12,000 as the current market price is Rs 9085.8. Coforge, a Mid Cap IT company, showed significant growth with a 44.46% YoY increase in total income and strong 3QFY25 revenue growth of 8.4% QoQ in CC terms. Coforge’s robust order book and rebound in BFS client spending indicate a positive outlook.