Coforge shares rise 2% on record date for 1:5 stock split

In early May, the IT company fixed June 4, 2025, as the record date for determining the “ the entitlement of equity shareholders for the purpose of sub-division or split of existing equity shares of the company”.

Coforge’s board of directors had greenlit splitting equity shares in a 1:5 ratio. In other words, the company will split each fully paid-up equity share with a face value of ₹10 into five shares with a face value of ₹2 each, it said.

Coforge stock performance

The share rose 2.75% over the past week and 17.05% in May. However, the stock has fallen 82.91% on a year-to-date basis due to the split.

The scrip hit its 52-week low of ₹944.59 exactly a year ago on June 4, 2024, and a high of ₹2,005.36 on December 30, 2024.

Cofroge has a total market capitalisation of ₹57,550.35 crore, as of June 4, 2025, on the NSE.

Coforge March quarter results

Coforge declared a 21% quarter-on-quarter (QoQ) rise in its consolidated net profit to ₹261.2 crore in March FY25, compared to ₹215.5 crore in the previous quarter.

In Q4FY25, its revenue from operations stood at ₹3,409 crore, jumping 4.6% QoQ from ₹3,250 crore in Q3FY25.

Coforge’s EBIT increased 21% QoQ to ₹261.2 crore in the quarter under review from ₹215.5 crore in the December quarter of FY25. Its margin stood at 11.8% against 9.8%.

As of 1:06 pm, Coforge shares traded 1.09% higher at ₹1,718, outperforming the NIFTY Midcap 50 index, which was up 0.5%. The share closed at ₹8,499 on Tuesday, but opened at ₹1,719 on Wednesday on the NSE.