Coforge Share Hits 10% 🔥🪜

Coforge shares surged 9.25% on the NSE following three key announcements:

1. 1:5 Stock Split – Coforge’s board approved a stock split where each ₹10 share will be split into five ₹2 shares to enhance liquidity and attract small investors.

2. Partnership with Sabre Corporation – Coforge entered a 13-year, $1.56 billion agreement with Sabre to accelerate product development and AI-driven solutions in the travel technology sector.

3. Rythmos Inc Acquisition – Coforge will acquire 100% stake in Rythmos Inc. for an upfront $30 million, with potential earnouts up to $18.7 million. The acquisition strengthens Coforge’s data and cloud engineering capabilities, especially in the airline industry. The deal is expected to close by March 31, 2025.

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