Coforge Shares Crash After Chairman Resigns: Is The Sharp Dip A Buying Opportunity For Investors?

Coforge shares came under pressure after Chairman O.P. Bhatt resigned following an internal audit that flagged disclosure gaps. The stock fell sharply in early trade before recovering from its lows. The development has raised concerns among investors and added uncertainty around the company’s leadership. Gaurav Sharma, Associate VP & Head of Research, Globe Capital, shares his view on the sharp correction and the outlook for Coforge and the broader midcap I.T. space. Persistent Systems remains a preferred pick with a Buy rating. Could the Coforge dip offer an accumulation opportunity? Watch the full discussion for the expert outlook on I.T. stocks.