COFORGE-Cup and Handle Formation
Name - COFORGE
Pattern - Cup and Handle
Status - Need to close above 6421
Cmp - 6344
Target - 8594
SL - 5800
Fundamentals :
Here are some key financial ratios for Coforge Limited:
Price-to-Earnings (PE) Ratio: 48.681
Price-to-Sales (P/S) Ratio: 4.172
Debt-to-Equity Ratio: 0.1363
Return on Equity (ROE): 22.47%3
Net Profit Margin: 8.29%3
Enterprise Value to EBITDA: 28.572
These ratios indicate Coforge’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage.