Sabre deal's a leg up for Coforge

Upbeat outlook Coforge's robust executable order book gives confidence for FY26 revenue visibility.

- Pallavi Pengonda

Coforge Ltd shares were in the limelight on Wednesday, jumping 8% from the previous day's close. Driving this was a slew of announcements by the information technology services provider, including a 13-year deal with US travel tech company Sabre Corp. for a total contract value of $1.56 billion.

Further, Coforge has acquired Rythmos Inc. for about $48.7 million and TMLabs Pty Ltd for Australian $20 million (about $12.5 million). Coforge also announced a stock split in the ratio of 1:5. The Sabre agreement offers Coforge greater revenue visibility for 2025-26. Winning a large deal at a time when most clients are tightening their tech budgets is notable, and could lead to more deal wins.