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Buy Coforge, target price Rs 1,500: JM Financial

​​Coforge also announced acquisition of Cigniti Tech (CIGN IN; NR), an assurance (testing) company. Management believes Cigniti complements Coforges verticals, geo footprint and client relationships. Coforge has done comprehensive audit (financial and forensic) of the target and finds comfort in scaled relationships and in-place contracts (MSAs over SOWs). We estimate that at current price, the acquisition will be EPS accretive. ....

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NIIT Ltd. Announces 3rd Edition of EdTech Growth Summit

NIIT Ltd. a leading global talent development corporation has announced the dates for the third edition of the EdTech Growth Summit. With focus on capacity building of the Edtech sector to help achieve profitable growth the summit slated for February 26 2024 and will be conducted virtually. ....

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