S.K.

Somaiya College
Somaiya Vidyavihar University

Department of Management Studies

TYBBM (Finance) Division “A”

Subject: PORTFOLIO MANAGEMENT

HITARTH UDANI
Name of the Student: ___________________________________

31010621114
Seat No: __________________________________

Roll No: (New):_____________________________

 ANALYSIS OF COFORGE LTD
FINANCIAL ANALYSIS OF COFORGE LTD
MARKET CAPITAL ₹ 40169 Cr
NO OF SHARES 6.11 Cr P/E RATIO 56.92
FACE VALUE PER SHARE ₹ 10 DIVIDEND YIELD RATIO 0.98%
BOOK VALUE ₹ 464.77 DEBTS ₹ 340 Cr.
PROMOTORS HOLDING 0% EPS ₹ 114.21
SALES GROWTH 24.71% ROE 25.1%
ROCE 30.8% PROFIT GROWTH 14.9 % YoY

Coforge Stock Price Analysis and Quick Research Report. Is Coforge an attractive stock to invest
in?

Stock investing requires careful analysis of financial data to find out the company's true net
worth. This is generally done by examining the company's profit and loss account, balance sheet
and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out
about a company's performance is to look at its financial ratios, which can help to make sense of
the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

● PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much
an investor is willing to pay for a share. A general rule of thumb is that shares trading at a
low P/E are undervalued (it depends on other factors too). Coforge has a PE ratio
of 56.92 which is high and comparatively overvalued.
● Return on Assets (ROA): - Return on Assets measures how effectively a company can earn
a return on its investment in assets. In other words, ROA shows how efficiently a company
can convert the money used to purchase assets into net income or profits. Coforge has
ROA of 19.38% which is a moderate sign for future performance. (higher values are always
desirable)
● Current ratio: - The current ratio measures a company's ability to pay its short-term
liabilities with its short-term assets. A higher current ratio is desirable so that the company
could be stable to unexpected bumps in business and economy. Coforge has a Current
ratio of 1.56.
● Return on equity: - ROE measures the ability of a firm to generate profits from its
shareholders investments in the company. In other words, the return on equity ratio
shows how much profit each rupee of common stockholders’ equity generates. Coforge
has a ROE of 22.51%. (higher is better)
● Debt to equity ratio: - It is a good metric to check out the capital structure along with its
performance. Coforge has a D/E ratio of 0.13 which means that the company
has low proportion of debt in its capital. Which is considered good.
 ● Sales growth: - Coforge has reported revenue growth of 21.35% which is strong in relation
to its growth and performance.
● Operating Margin: - This will tell you about the operational efficiency of the company. The
operating margin of Coforge for the current financial year is 12.35%.
● Dividend Yield: - It tells us how much dividend we will receive in relation to the price of
the stock. The current year dividend for Coforge is Rs 17.50 and the yield is 1.40%.

Coforge Ltd. is a leading global IT solutions company that provides digital transformation and
technology services to clients across various industries. We will provide a comprehensive analysis
of Coforge Ltd.'s stock performance and key financial indicators.

Coforge Ltd. Share Price

Coforge Ltd.'s share price has been consistently increasing over the years due to the company's
strong financial performance and growth prospects. The company has a stable business model
and a diverse range of clients, which provides investors with a sense of security and stability.
Investors can use Ticker pre-built screening tools to track Coforge Ltd.'s share price and compare
it with other companies in the industry.

Coforge Ltd. Balance Sheet

Coforge Ltd.'s balance sheet is a reflection of the company's financial health and stability. The
company has a strong balance sheet with a healthy debt-to-equity ratio and a high current
ratio. Ticker premium features allow fair value calculation using tools such as DCF Analysis, BVPS
Analysis, Earnings multiple approach, and DuPont analysis. These tools provide investors with a
comprehensive understanding of the company's financial position and help them make informed
investment decisions.

Coforge Ltd. Annual Report

Coforge Ltd.'s annual reports provide detailed information about the company's operations,
financial performance, and future prospects. Investors can download the annual reports from
Ticker and analyse the company's performance over the years. The annual report also includes
information about the company's management team, corporate governance practices, and
sustainability initiatives.

Coforge Ltd. Dividend

Coforge Ltd. has a consistent track record of paying dividends to its shareholders. The company
has a dividend payout ratio of over 30%, which indicates that it is committed to sharing its profits
with its shareholders. Investors can track Coforge Ltd.'s dividend history using our pre-built
screening tools and compare it with other companies in the industry.

Coforge Ltd. Quarterly Result

Coforge Ltd.'s quarterly results provide an insight into the company's performance over a shorter
period. The company's revenue and profits can be affected by various factors such as changes in
government policies, fluctuations in commodity prices, and global economic conditions.
Ticker premium features allow fair value calculation using tools such as DCF Analysis, BVPS
Analysis, Earnings multiple approach, and DuPont analysis. These tools provide investors with a
comprehensive understanding of the company's financial position and help them make informed
investment decisions.

Coforge Ltd. Stock Price

Coforge Ltd.'s stock price is influenced by various factors such as the company's financial
performance, market conditions, and investor sentiment. Investors can track Coforge Ltd.'s stock
price using our pre-built screening tools and compare it with other companies in the industry.
Ticker premium features allow fair value calculation using tools such as DCF Analysis, BVPS
Analysis, Earnings multiple approach, and DuPont analysis.

Coforge Ltd. Price Chart

Coforge Ltd.'s price chart provides a visual representation of the company's stock performance
over a period of time. Investors can use our pre-built screening tools to analyse Coforge Ltd.'s
price chart and compare it with other companies in the industry. Our premium features allow fair
value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and
DuPont analysis.

Forecast
This is forecast of coforge limited whether we should invest in coforge or not

Technical Analysis of Coforge LTD

1. Trendline movement

From the above chart we can observe that currently this stock is on upward trend that is indicated
by the white trend line drawn above, it generally means that the stock is bullish right now
2. Support and resistance
 From the above chart we can easily identify that it currently is in support and resistance zone
The green arrow indicates that it is in resistance zone where as the blue arrow indicates it is in
support zone. This generally indicates that soon there will be a breakout either side of the chart.

3. Hammer

From the above chart we can independently identlfy ha reversal of trend with hammer as we can
see before the hammer was created the stock was continuously after the hammer the stock
reversed its trend from bearish to bullish we can see the change in trend from the marked red
candle in the chart above.
4. Hanging man

The above chart pattern is known as hanging man as this Is complete opposite to hammer. This
pattern precisely forms at top, meaning that when a stock is bullish for few candles this candle acts
as reversal and changes the trend rom uptrend to downtrend this means that the stock is turning
bearish from bullish thus right time to exit from the stock.

5. Bullish Engulfing

The above pattern that is formed in the chart is known as Bullish Engulfing, it is 2 candle pattern.
This pattern indicates that the stock is turning bullish from bearish, it forms when the green candle
 completely over shadows the red candle that was formed before it. Here the buyers take control
over the sellers.

6. Bearish Engulfing

As the name suggests it is complete opposite of the bullish engulfing pattern. Here the sellers are
more in control over the buyers thus it indicates bearish movement for next few trading sessions.
It is also a trend reversal from bullish to bearish.

7. Bearish Harami

The above pattern is called as bearish harami it forms when The body of the first candle is
the same color as that of the current trend. The open and the close occur inside the open
 and the close of the previous day. Its presence indicates that the trend is over.

8. Bullish Harami

The Harami is a commonly observed phenomenon. The pattern is composed of a two candle
formation in a down-trending market. The color first candle is the same as that of
current trend. The first body in the pattern is longer than the second one. The open and
the close occur inside the open and the close of the previous day. Its presence indicates
that the trend is over.

9. Morning Star
 It is a bullish reversal pattern formed by a tall red body candle, a second candle with a small green
body that gaps below the first real body to form a star, and a third green candle that closes well
into the first session’s red real body. Its name indicates that it foresees higher prices.

10.Evening star

The Evening Star pattern is a bearish reversal signal. Like the planet Venus, the evening
star represents that darkness is about to set or prices are going to decline. An uptrend has
been in place which is assisted by a long green candlestick.

11.Cup and Saucer