New Delhi, Oct. 27 -- Coforge share price in focus today: Eighth-largest IT services firm Coforge saw its shares surge nearly 6% in early trade on Monday, October 27, hitting a three-month high of Rs.1,866 apiece. The rally followed the company's strong performance in the September quarter, prompting analysts to turn more optimistic on the stock and revise their target multiples upward.

Coforge recorded the fastest growth among nine of India's 15 largest IT services firms that have reported results so far. This marked the fifth consecutive quarter of outperformance for the company, driven by continued demand from banking and travel clients despite a challenging macroeconomic environment.

The company reported a strong quarter with a 6% s...