Coforge Shares Slip as $1 Billion Encora Deal Talk Spooks Investors
Автор: Stock Market
Загружено: 2025-12-26
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Coforge shares slipped in early trade as investors turned cautious over fundraising plans and reports of talks to acquire US-based digital engineering firm Encora in a deal that could be valued at over $1 billion.
The IT services firm has called a board meeting to consider fundraising, reviving concerns of equity dilution. Despite near-term pressure, analysts say the deal could strengthen Coforge’s cloud, data, AI and product engineering capabilities, supporting its $2-billion revenue ambition.
Watch for key updates from management commentary and analyst meet.
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