Coforge shares down 4% after analyst day; Motilal Oswal sees 50%+ upside

• Coforge shares fell over 4% on Tuesday, turning negative year-to-date, following its analyst day.
• Motilal Oswal projects over 50% upside for Coforge, maintaining an optimistic outlook despite the stock's decline.
• Coforge aims for a $2 billion revenue run rate by Q4 this year, with EBIT margins targeted near 14%.
• The company will no longer provide margin guidance but expects a minimum EBIT margin of 14%.
• Motilal Oswal highlights Coforge's strong order book, resilient client spending, and Cigniti cross-selling as key growth drivers, setting a ₹3,000 price target.

Why It Matters: This signals a potential investment opportunity despite Coforge's stock dip.