Coforge Partners with Solstice Innovations to Modernize AI Platform for P&C Insurers Coforge Ltd. has announced a strategic partnership with Solstice Innovations to deliver a modernized AI platform tailored for property and casualty (P&C) insurers. The collaboration aims to redefine insurance modernization through the integration of agentic AI, with Coforge’s Forge-X platform serving as the primary accelerator for transitioning Solstice’s clients from legacy systems to its Equinox platform. The partnership is expected to streamline processes such as client onboarding, system integration, migration, quality engineering, and business process transformation, while significantly reducing implementation costs and risks. The agreement highlights Coforge’s commitment to leveraging its Forge-X AI platform to establish a dedicated Centre of Excellence. This initiative will enable Solstice and its customers to adopt the Equinox platform more efficiently, positioning it as a modern, intelligent core system for insurers. According to Coforge, the Equinox platform is designed to transform how insurers operate, leverage technology, interface with systems, and manage technology expenditures. The partnership underscores a shift toward agile, scalable solutions that address the evolving needs of the P&C insurance sector. The collaboration was met with positive market reactions, as Coforge’s shares surged nearly 3% on Thursday, April 2, 2026, following the announcement. The stock’s rise reflects investor confidence in the potential of the partnership to drive innovation and operational efficiency in the insurance industry.#coforge_ltd #solstice_innovations #equinox_platform #forge_x_platform #p_c_insurers
3 stocks to buy with up to 73% upside: Coforge, ICICI Bank, Kalyan Jewellers MOFSL has recommended buying three stocks—Coforge Ltd, ICICI Bank Ltd, and Kalyan Jewellers India Ltd—with potential upside of up to 73%. The brokerage highlighted that Coforge shares are currently priced based on an extreme bear-case scenario, while Kalyan Jewellers maintained strong demand despite rising gold prices. ICICI Bank was praised for its robust asset quality and growth prospects. ICICI Bank’s target price is Rs 1,750, offering a 40% upside. MOFSL noted the bank’s healthy operating performance, driven by broad-based growth in business banking and corporate demand. The bank is focusing on fee income expansion and operating leverage to support earnings, while maintaining low credit costs (~45-50bps through-cycle) and strong provision buffers. These factors ensure earnings stability across economic cycles. The brokerage estimates the bank will deliver a PPoP/PAT CAGR of 17.7% and 16% over FY26-28E, leading to an RoA/RoE of 2.3% and 16.4%, respectively. Kalyan Jewellers’ target price is Rs 550, with a 44% upside potential. Despite an 80% year-over-year and 20% quarter-over-quarter rise in average gold prices, demand for the company’s products remained strong during January–March, supported by the wedding season. The company’s franchise-led model, contributing 50% of revenue, and expansion into non-South markets have bolstered its growth profile. A shift toward studded jewelry and an asset-light strategy have improved cash flow, deleveraging, and profitability. Kalyan has achieved revenue, Ebitda, and adjusted PAT CAGR of 33-54% over FY22-26E. MOFSL models a CAGR of 21%, 19%, and 23% for revenue, Ebitda, and PAT over FY26-28E.#icici_bank #mofsl #kalyan_jewellers #coforge_ltd #icici_bank_ltd
