The record
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- Motilal Oswal has maintained Coforge as its top mid-tier IT pick.
- The brokerage cited strong deal wins and continued execution as key strengths.
- Improving cash conversion was highlighted as another positive for the company.
- Motilal Oswal sees potential margin upsides from the Encora integration.
- These factors support the brokerage's medium-term growth outlook for Coforge.
What to watch next
- Progress of the Encora integration and its margin impact
- Coforge's deal win momentum in upcoming quarters
- Cash conversion improvements in future results
Who said what1
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Motilal Oswal
1 quote · 1 outlet
“Coforge's strong deal wins, continued execution, improving cash conversion, and further margin upside from the Encora integration support our medium-term growth outlook.”
In the article
…The brokerage highighted that Coforge's strong deal wins, continued execution, improving cash conversion, and further margin upside from the Encora integration support our medium-term growth outlook.
Coverage1
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English national1
All filed from India
Named India · Encora · Coforge · Motilal Oswal
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