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Moneycontrol Pro Ideas For Profit: Here’s why Coforge is in focus
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Moneycontrol Pro Ideas For Profit: Here’s why Coforge is in focus
Mar 3, 2021 4:04 AM

Coforge was one of the worst impacted IT service companies at the start of the coronavirus pandemic due to its substantial exposure to the troubled vertical of travel and transportation. However, the rebound was sharp in the second quarter and Q3 while not eye-catching it was reassuring, nevertheless, revenue showed a sequential growth of 3.8 percent in the quarter and 3.3 percent in constant currency.

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Strong support to growth came from two leading markets of the America & EMEA and industrial verticals like BFSI, healthcare, hi-tech and travel also was supportive.

Moneycontrol.com’s Madhuchanda Dey gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.

Watch the video for more

(Edited by : Ajay Vaishnav)

First Published:Mar 3, 2021 1:04 PM IST

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