Encora, whose revenue-per-employee metrics and adjusted EBITDA margin of 19% are significantly higher than Coforge’s, ...
Coforge Ltd has emerged an unlikely star in India's IT services sector: notching a $1.56 billion win with Sabre and buying Encora for $2.35 billion, the industry's biggest M&A ever. Mint interviewed ...
“The Encora acquisition is a defining moment for our organization,” said Coforge Chief Executive Officer Sudhir Singh. “It establishes a scaled AI-led engineering capability moat for the firm ...
At a time when Indian IT firms are recalibrating their operations to deliver AI-based services, mid-cap tech services company Coforge has taken a massive plunge into AI today by acquiring the Silicon ...
Oct 24 (Reuters) - Indian IT services firm Coforge (COFO.NS), opens new tab reported a better-than-expected 86% surge in second-quarter profit as client spending picked up across the sector.
MOFSL noted that SLK Global was 9-11 per cent of Coforge revenue at the time of acquisition, while Cigniti was 16 per cent.
The Noida-based company will acquire Encora from private equity firms Advent International, Warburg Pincus and other minority investors. Following the transaction, Encora’s shareholders will own about ...
Prabhudas Lilladher is bullish on Coforge has recommended buy rating on the stock with a target price of Rs 2140 in its ...
Coforge's planned $2.35 billion all-stock acquisition of US-based Enc­ora has divided the Street, with a few brokerages terming it a 'strategically positive' but exe­cution-heavy bet while others ...
Coforge is acquiring US-based tech company Encora at an enterprise value of $2.35 billion. In an exchange filing, the Indian IT said that it has signed a definitive agreement with Encora’s majority ...
In its initiation note, PL Capital said, "We initiate coverage on Coforge with 'BUY' rating and TP (target price) of Rs 2,140 ...