ADVERTISEMENT
Coforge's Mega Deal Wins, Acquisitions Drives Dolat Capital's ‘Accumulate’ Upgrade, Revises Target Price
Given correction and an enhanced growth outlook, Dolat Capital upgrades its rating to ‘Accumulate’ with a revised target price of Rs 8,400.
05 Mar 2025, 03:17 PM IST 
Save
Coforge announced a 13-year strategic deal with U.S.-based travel-tech co. Sabre Corporation, valued at ~$1.56 billion. Sabre services airlines, hotels and travel agencies in retailing and distributing travel demand.
(Photo Source: Unsplash)
Coforge recently made notable announcements including- A large, multi-year deal win with U.S based Sabre Corporation of $1.6 billion. Acquisition of U.S based data and cloud engineering firm Rythmos for $48.7 million, Acquisition of Australia-based ‘ServiceNow’ implementation firm TMLabs for AUD 20 million (~$12.5 million) and stocksplit in the ratio of 1:5.
