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COFORGENSECoforge Limited· IT - SoftwareHighNeutral
Announced Fri, 30 May, 2025 · 23:12 IST

Coforge Limited has informed the Exchange about Completion of Sale of Advantage Go business

Core business divestedStrategic Transactions View source PDFExplain this filing

COFORGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.6%Reaction day
₹1710.00
prior close
₹1710.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.5%+0.0% vs market
Computers - Software & Consulting peers, median of 59sector-0.3%+0.9% vs sector

On the reaction day the stock moved in line with Nifty Midcap 150 and 0.9 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.0
10m
-0.9
15m
-0.7
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.6+0.5+0.0-0.3+0.9
Next day
-0.7+0.2-0.9-0.4-0.3
2d
+0.8+1.0-0.2-0.8+1.6
3d
+3.5+1.7+1.8-0.1+3.6
4d
+3.8+2.7+1.2+0.0+3.8
5d
+5.0+3.7+1.3+1.2+3.7
1w
+6.4+3.4+3.0+3.2+3.1
15d
+7.0+1.2+5.9-1.4+8.5
1m
+12.7+3.9+8.8+0.4+12.3
2m
+2.0+1.0+1.1-4.5+6.5
3m
+2.6+0.1+2.5-4.3+7.0
UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Coforge Limited has informed the stock exchange that it has completed the sale of its Advantage Go business. Advantage Go was a specialized insurance software business unit within Coforge. The divestiture marks the conclusion of the previously announced transaction to sell this business segment. Specific deal value and buyer details have not been disclosed in this filing.

Likely market impact

Shareholders should expect the proceeds to strengthen Coforge's balance sheet and allow management to focus on its core IT services business. The completion removes a non-core or strategic-fit-insufficient segment, which could be viewed positively by the market in the short term.