COFORGENSECoforge Limited· IT - SoftwareHighNeutral
Announced Mon, 28 Apr, 2025 · 23:06 IST

Coforge Limited has informed the Exchange about 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
+1.7%Reaction day
₹1472.00
prior close
₹1491.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.2%+1.5% vs market
Computers - Software & Consulting peers, median of 58sector+0.5%+1.2% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Midcap 150 and 1.2 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
+0.6
10m
+0.4
15m
-0.3
30m
-0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.7+0.2+1.5+0.5+1.2
Next day
-0.9-0.5-0.4-1.0+0.2
2d
+0.0-1.1+1.2-0.6+0.6
3d
+1.9+0.4+1.5-0.5+2.4
4d
+0.5-1.6+2.1-2.7+3.2
5d
+3.1-0.1+3.2-1.6+4.7
1w
+5.0-1.9+6.8-2.7+7.7
15d
+12.2+4.3+7.9+8.2+4.0
1m
+18.2+6.0+12.2+7.4+10.8
2m
+30.4+10.1+20.3+10.7+19.7
3m
+16.6+7.7+9.0+1.3+15.3
UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 58Pending

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

AI summary

Coforge Limited has informed the stock exchange about the sale of its Advantage Go business. Advantage Go is an insurance software division within Coforge's portfolio. The announcement confirms the divestiture decision, though specific deal value and buyer details are not mentioned in the headline. This move is part of Coforge's ongoing portfolio rationalisation strategy.

Likely market impact

The sale of a business unit could lead to a one-time gain or loss depending on the deal value, and may be viewed as a strategic refocusing by the company. Shareholders should watch for further details on the transaction value, buyer identity, and how the proceeds will be utilised.