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COFORGE — Coforge News Story

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India's Coforge hits near 6-month high after Q1 profit more than doubles

BUZZ-India's Coforge hits near 6-month high after Q1 profit more than doubles

** Shares of Coforge COFO.NS rise 9.2% to 1,667.3 rupees, their highest since Feb. 3

** IT firm's Q1 PAT rises 110% Y/Y as revenue jumps 49%, led by strong growth in the Americas segment

** Over 10.8 mln shares traded, 3.2x the 30-day avg

** Stock rated "buy" on avg by 34 analysts; median PT 1690 rupees - data compiled by LSEG

** Stock up 0.5% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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