Coforge Ltd. and IndiGo airline parent InterGlobe Aviation Ltd. have been added in Morgan Stanley’s ‘focus list’, replacing Infosys Ltd. and Mahindra & Mahindra Ltd.
Coforge offers a compelling growth story with scalability potential, driven by a strong management team, large deal momentum, and an expanding addressable market, analysts Ridham Desai and Nayant Parekh said in a recent note.
Despite delivering strong results and announcing a mega deal win, the stock has underperformed its peers…
