India’s Coforge jumps on partnership to expand agentic AI insurance offering

Coforge

02/04/2026 10:18

** Shares of Coforge COFO.NS jump more than 6.5% to 1,232.40 rupees, after rising a record 6.97% intra-day earlier

** Top gainer on Nifty IT .NIFTYIT index, which is up 2.47%; among top weekly performers on index

** IT services provider partners with Solstice Innovations to accelerate adoption of agentic AI-led core technology for property and casualty insurers

** Says partnership combines Coforge's Forge-X delivery platform with Solstice's Equinox core insurance system to help insurers transition from legacy platforms faster

** Trading volume at 4.45 mln shares vs 30-day avg of 3.69 mln

** Stock rated "buy" on avg by 33 analysts, median PT 1,925 rupees - data compiled by LSEG

** YTD, stock down around 31%, Nifty IT down nearly 20%

(Reporting by Surbhi Misra in Bengaluru)

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