Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdone

Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdone

Coforge Chairman Bhatt resigned over audit disclosure concerns; shares up 2% as brokers see minimal business impact. Buy ratings held at 19-27% upside; governance issue deemed procedural since Bhatt's term was ending, deal wins and margins unaffected.