Smart Money Alert

Coforge Limited

IncreasedQuarterly

COFORGEComputers - Software & ConsultingMarket Cap₹91K Cr

Stake

1.13% → 1.20%

Holding

53.00 L shares

Change

+3.06 L shares

As of

Sept 2026

Since alert+7.1%₹1,908.80 → ₹2,045.00

Nifty 50+1.6%

Nippon India Mutual Fund

Mutual Fund

The move

Nippon India Mutual Fund raised its stake in Coforge Limited from 1.13% to 1.20%. The fund house acquired 3,05,792 shares, increasing its total holding to 53,00,487 shares.

About Coforge Limited

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An IT services company providing end-to-end software solutions and consulting services to global clients across multiple sectors. Coforge operates subsidiaries in the US, Singapore, Australia, UK, Germany, and Thailand to deliver projects and support its international expansion. The company serves prominent customers in aviation, financial services, and travel industries, maintaining strategic partnerships with leading IT firms worldwide and ranking among India's top software exporters.

About Nippon India Mutual Fund

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India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.

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More moves in Coforge Limited

SBI Mutual FundIncreased

SBI Mutual Fund raised its stake in Coforge Limited from 2.62% to 4.42%, purchasing 80,11,507 shares to increase its holding to 1,95,88,946 shares.

22 Oct 2026

LICExited

LIC is no longer listed among the major shareholders of Coforge Limited, where LIC last held a 3.56 percent stake. This absence indicates either a complete exit or a reduction to below the 1 percent reporting threshold.