Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?

Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising concerns over the board changes. However, the company reiterated its FY27 guidance, retaining its targets of 20.5–21% consolidated EBITDA margin.

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