Coforge Share Price Drops 14% in Six Days: Biggest Weekly Fall in Six Months

Stock Market Today: Coforge Faces Selling Pressure

The Indian stock market saw pressure in the IT segment, and Coforge share price was at the center of it. For the sixth straight session, the stock extended its losses, hitting a low of ₹1,539 per share on September 26, 2025.

This decline marked its lowest level since May 2025 and pushed the stock into its sharpest weekly drop in half a year. In just six trading sessions, Coforge shares have lost 14% of their value.

Market Performance Snapshot

• Day’s low: ₹1,539 per share
• Weekly decline: 14% in six sessions
• Biggest fall since April 2025: when the stock lost 19% in a week
• Market cap erosion: ₹9,330 crore, bringing it down to ₹51,829 crore

The sustained fall has wiped out thousands of crores in market capitalisation, making Coforge one of the most talked-about IT counters in the market today.

What Triggered the Sell-Off?

The steep fall in Coforge’s stock is being tied to recent H-1B visa restrictions in the U.S.. Since a large part of the company’s revenue comes from the American market, the move has weighed heavily on investor sentiment.

Even though the company clarified that it has been reducing dependence on H-1B visas, the pressure did not ease. In fact, the sell-off gathered pace as global tech sentiment weakened.

Company’s Regulatory Filing

Earlier this week, Coforge highlighted in a filing that it filed only 65 new H-1B visa petitions in FY25, with 63 approvals from U.S. Citizenship and Immigration Services.

The company also shared that 53% of its revenue comes from the United States. Over the years, Coforge has consciously moved away from heavy reliance on new petitions, a shift reflected in the low filing numbers.

Wider Market Sentiment on IT Stocks

The story does not end with Coforge alone. The broader IT pack has come under pressure due to a combination of factors:

• H-1B visa fee hike: The U.S. administration raised fees from $1,000 to $100,000, drastically increasing costs for tech companies.
• Proposed changes in visa lottery rules: This added uncertainty to staffing and deployment strategies.
• Mixed Federal Reserve signals: Confusion over interest rate cuts further dampened risk appetite for IT stocks.

India’s IT sector, worth $283 billion, has long depended on U.S. markets, which contribute nearly 57% of total revenues. The shift in visa rules, combined with cost pressures, sparked a wave of selling across the board.

Summary

The Coforge share price decline reflects how global policy changes and U.S. market dependencies ripple through India’s IT sector. With a 14% weekly drop and nearly ₹9,330 crore in value wiped out, Coforge is facing its steepest fall since April 2025.

While the company has steadily lowered its reliance on H-1B petitions, the market continues to weigh the impact of visa curbs, higher costs, and uncertain global cues.