Limited announced on Friday an expanded strategic partnership with Pegasystems Inc., giving the Indian IT services firm broader commercial rights to package, brand, and sell Pega-powered enterprise AI solutions directly to clients. The market responded positively, with Coforge shares climbing ₹65.20, or 3.43 per cent, to ₹1,967 on the NSE by mid-morning, touching an intraday high of ₹1,983.40, close to its 52-week high of ₹1,989.70 set in December 2025.
The expanded agreement allows Coforge to bundle Pega’s AI decisioning and workflow automation platform with its own consulting, engineering, and managed services, and deliver them as integrated industry solutions under its own brand. This marks a strategic shift for Coforge from reselling software to building repeatable, IP-backed offerings targeting sectors including insurance, travel, transportation, and financial services.
John Speight, President and EU Geo Business Leader at Coforge, said the agreement enables faster, more integrated delivery of AI transformation programmes. The deal is expected to reduce procurement complexity for enterprise clients and shorten deployment timelines. Coforge will use Pega’s Blueprint tool to automate legacy business process discovery, compressing months-long assessment phases.
Leon Trefler, Chief of Clients and Markets at Pega, said the partnership allows clients to move from strategy to execution more quickly by combining Pega’s platform with Coforge’s sector expertise.
The partnership builds on roughly two decades of collaboration between the two companies. Coforge carries a total market capitalisation of approximately ₹87,105 crore. The stock has gained nearly 19 per cent year-to-date, significantly outperforming the Nifty IT index, which is down about 18.5 per cent over the same period.