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Coforge Q4 Results Date 2023

Coforge Q4 Results Date 2023, Will Coforge Give Dividend ?

Posted on March 17, 2023

Coforge Q4 Results Date 2023, CoForge is a digital transformation consulting and software engineering company based in India. They offer services such as software development, cloud solutions, data analytics, artificial intelligence, and Internet of Things (IoT) to help businesses transform and grow.

CoForge works with clients across a range of industries, including healthcare, finance, education, and e-commerce, among others.

It was founded by Mr. Rishi Agrawal in 2018. Mr. Agrawal is the CEO and Managing Director of the company.

Prior to founding CoForge, he has worked in various leadership roles in the IT industry for over 16 years, including at Wipro, Cognizant, and HCL Technologies.

Co-founder and CTO of CoForge is Mr. Amit Kumar Gupta, who has over 18 years of experience in the software industry and has worked with companies like Infosys, HCL Technologies, and Nagarro in the past.

Coforge Q4 Results Date 2023
Coforge Q4 Results Updates 2023

Coforge Q4 Results Date 2023

Coforge announced on 3 march 2023 that the meeting of Board of Directors of the Company is scheduled to be held on Thursday, April 27, 2023, inter alia, to consider and approve the audited consolidated and standalone financial results of the Company for the quarter and year ended March 31, 2023.

Will Coforge Announce Dividend in Q4 2023 ?

The Board of Directors will also be considering the proposal of the payment of fourth Interim Dividend, if any, for the Financial Year 2022-23 and will determine the Record date for the purpose of the fourth Interim Dividend, if approved.

Company increases dividends consistently from last 4-5 quarters and experts may expect coforge give dividend this time also. Coforge give 19 rupees dividend in last quarter.

See also  Top 5 Largest Indian Banks by Market Cap 2023

Brokerage Call on Coforge

Axis Securities give buy call on Coforge with target price of 4,750 in one year. “From a long-term perspective, we believe Coforge is well-placed for huge growth, given its multiple long-term contracts with the world’s leading brands.

“High revenue visibility gives us confidence in its business growth moving forward,” said the brokerage.

Icici Securities also place buy rating on Coforge share with high target price 4,900. In short term and long term business prespective is good.

Also Read :- Top 5 Best Investing Books You Must Read 2023


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