Coforge: IT shares rise after announcement of buying American AI company! Know the expert’s view – Market

Big news is coming out about the leading IT services company Coforge. According to ET NOW Digital, coforge US-based Artificial Intelligence (AI) Company Encora) for $2.35 billion. The deal is considered to be one of the largest acquisitions in Indian IT history. On Monday, December 29, 2025, the first day of the trading week, investors were excited in the stock market with the announcement of this mega-acquisition. The midcap IT stock was trading 1 per cent higher at Rs 1,693 around 9:37 am, with 25 lakh shares traded.

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