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Coforge Climbs 4% as Kraków Engineering Centre Expands

Coforge
Coforge shares surges after the firm said it is expanding its Kraków engineering centre.

Coforge shares hit a day high of Rs 1,818.60 on 1 October, up about 4%, after the firm said it is expanding its Kraków engineering centre.

Coforge Limited filed the update with the exchanges on Thursday morning. The centre in Kraków, Poland, opened in 2025 and began with just one client.

Today it serves several clients across travel, banking, logistics, retail and business services.

Its teams build AI tools, move company systems to the cloud and update old software.

The staff count tells the story. More than 375 engineers work there now, and Coforge expects over 660 by 2027.

That is a jump of about 76%. To make room, the company has added more than 20,000 square feet of workspace.

Kraków is a major European tech hub with a steady supply of engineering graduates.

Its location also lets teams work in hours close to those of clients in the UK and across Europe.

Sunil Fernandes, the company’s Chief Operating Officer, said demand is rising for AI-led engineering and for delivery models that sit close to clients.

John Speight, who leads the European business, called Europe ‘an important growth market’ for Coforge.

Coforge says its AI work is built to be secure and well governed. It wants clients to move past trials and see real results, such as lower costs and faster delivery.

Recent updates add some context. Coforge has also named Akhil Gupta as its chairperson.

NSE lists an interim dividend of Rs 4 a share with an ex-date of 3 August, and the board meets on 23 October to consider the next financial results.

At 11:40 am, Coforge shares traded at Rs 1,811.10 on NSE, up by 3.54%. The stock sits below its 52-week high of Rs 2,021.20, set on 31 August.

It is up 9.37% so far in 2026 and 13.12% over the past year. The company’s market value is about Rs 80,201 crore.

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