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Coforge shares rise 8.4% on Sabre deal

Business Standard

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March 06, 2025

Shares of Coforge rose as much as 11.1 per cent in intraday trading on the BSE on Wednesday, helped by its record $1.56 billion deal with US travel and technology company Sabre.

- AVIK DAS

Coforge shares rise 8.4% on Sabre deal

The intraday rise, one of the highest for the mid-tier IT services company, came on a day when the broader BSE Information Technology index also rose 2 per cent. Coforge shares opened at ₹7,474 in the morning, touched a high of ₹8,007.35, before paring gains and closing at ₹7,811 per share, up 8.4 per cent. The shares have, however, fallen 19.2 per cent this year.

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