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Coforge to consider fundraising on Dec 26 but shares slip, more details 

Coforge to consider fundraising on Dec 26 but shares slip, more details 

Coforge board to consider & approve fund raising via equity shares or other securities through private placement, QIP, preferential issue, etc.

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Aseem Thapliyal
Aseem Thapliyal
  • Updated Dec 23, 2025 10:19 AM IST
Coforge to consider fundraising on Dec 26 but shares slip, more details Coforge stock slipped 7% at Rs 1739.05 on BSE. Market cap of the firm fell to Rs 60,040 crore.

Shares of Coforge slipped 7% in early deals on Tuesday even as the IT firm said its board would meet on December 26, 2025 to consider & approve fund raising via equity shares or other securities through private placement, QIP, preferential issue, etc.

The IT stock slipped 7% to Rs 1739.05 on BSE. Market cap of the firm fell to Rs 60,040 crore.

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A total of 0.34 lakh shares of the firm changed hands amounting to a turnover of Rs 6.03 crore. Shares of Coforge fell to a 52 week low of Rs 1190.84 on April 7, 2025.

The IT stock is neither overbought nor oversold on charts with a RSI of 52.4. Coforge shares are trading lower than the 5 day, 10 day, 20 day, 50 day but higher than the 100 day, 150 day and 200 day moving averages.

"An analyst & investor call is scheduled post-Board meeting at 05:30 PM (IST) on Dec 26, 2025. The company will also participate in a non-deal roadshow in Mumbai on Dec 29, 2025 & Singapore on Dec 30, 2025, with one-on-one / group meetings," said Coforge.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Dec 23, 2025 10:19 AM IST
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