The stock of midcap IT company Coforge is witnessing a tremendous rise of 10% today. A day earlier, the company had announced the results of the December quarter of the financial year 2025, after which the stock is seeing a rise today. Along with the results, the company has also announced a dividend of Rs 19 per share. Since February 2023, the company has announced dividend 9 times. In this way, the company has given a dividend of ₹ 171 per share.

Earlier, the company had given a dividend of Rs 13 per share during May 2021 to November 2022. This time the company has fixed 30 January 2025 as the record date for the dividend of ₹ 19. Shareholders whose names are in the company's register till the record date will be able to get the benefit of this dividend.
 

The stock of this midcap IT company has seen a rise of about 90% in the last 2 years. However, this stock has also fallen from its peak. During 2024, this stock was the second best performing stock in the Nifty IT index. Persistent Systems also saw a great rise last year.
 

What did the management say after the results?
During a special conversation with CNBC-Awaaz after the results, the management said that the company's growth with Cigniti has been 8.4%. The company has signed big deals in the third quarter. During this period, operating profit i.e. EBITDA has increased by 122 basis points on a quarterly basis. The company expects improvement in demand in CY25. The company expects demand to increase from the airline segment.

The management said that the entire industry is eyeing Donald Trump's decision. The company will focus on business growth while supporting the US government. The company has registered 60% revenue growth in 7 quarters. The company also expects good performance in the financial year 2026.

Coforge stock has seen a return of about 48% in the last 6 months. So far this year, the stock has seen a decline of 5%. During the last one year, this stock has been in the range of ₹ 10,026.80 to ₹ 4,287.25.