Coforge Share Price in Focus as IT Company to Declare Stock Split Today: Details Here
Declaration of Stock Split: A Key Event for Coforge Shareholders?
The anticipation has been building up, and on Tuesday, March 4, the wait will finally come to an end. The board of directors of Coforge, a leading IT services company, will meet to consider the proposal of stock split, which could have a significant impact on the company’s share price.
What exactly is a stock split?
A stock split is a corporate action where a company divides its existing shares into a larger number of shares, typically to make the stock more accessible to a wider range of investors. For instance, if a company decides to split its shares 2:1, every one share would become two shares of the same value.
Coforge’s Stock Split: What to Expect?
While the meeting of the board of directors is scheduled for March 4, Coforge has already hinted that the stock split will be done in a manner decided by the board, subject to the approval of its shareholders and any regulatory requirements. This means that the exact details of the stock split are yet to be disclosed, leaving investors and analysts speculating about the potential outcome.
Impact on Coforge’s Share Price
The announcement of the stock split has piqued the interest of investors, with Coforge’s share price expected to be in focus on Tuesday. The company’s stock has been under pressure lately, declining 12% in the past month and 23% year-to-date (YTD). However, in the medium to long term, Coforge has delivered decent returns, outperforming the Sensex benchmark.
Coforge’s Financial Performance
Coforge has posted impressive financial results in the third quarter (Q3) of financial year 2025. The company’s net profit grew 6.6% year-on-year (YoY) to ₹215.5 crore, while its revenue increased 8.4% quarter-on-quarter (QoQ) to ₹3,318.2 crore. Earnings before interest and tax (EBIT) also rose to ₹316.2 crore, with a margin expansion of 0.1%.
The company also announced an interim dividend of ₹19 per share for its quarterly results, which could boost investor confidence.
Key Ratios to Watch
| Quarter | Revenue (₹ crore) | Net Profit (₹ crore) | EBIT (₹ crore) | EBIT Margin |
|---|---|---|---|---|
| Q3 FY25 | 3,318.2 | 215.5 | 316.2 | 9.5% |
What’s Next?
The stock split announcement is likely to be a significant development for Coforge, and investors will be keenly await the outcome. As Coforge’s share price is expected to be in focus, it’s essential to keep a close eye on the company’s financial performance and key ratios to make informed investment decisions.
Will a stock split boost Coforge’s share price, or will its financial performance be the key driver of its future growth? The wait is almost over, and we’ll soon find out.
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