Coforge Share Price Drops 5%; Expands AI-Driven Code Modernisation Platform

Coforge Limited shares remained in focus on February 12, 2026, after the company announced expanded capabilities for its AI-powered modernisation platform, CodeInsightAI. 

Coforge share price (NSE: COFORGE) stood at ₹1,444.00 at 9:59 AM IST, marking a decline of ₹76.40 or 5.02% from the previous close of ₹1,520.40. The stock opened at ₹1,500.00, touched a high of ₹1,501.00, and slipped to an intraday low of ₹1,435.10.

Expansion of CodeInsightAI Platform

Coforge introduced expanded capabilities within CodeInsightAI, part of its Forge-X platform designed for AI-led engineering and digital transformation. The platform uses agentic AI to modernise enterprise legacy systems by automating both reverse and forward engineering processes.

Enterprises continue to rely heavily on complex legacy systems, often poorly documented and difficult to upgrade. CodeInsightAI addresses these challenges by analysing legacy codebases and reconstructing business logic, dependencies, and workflows. It automatically generates audit-ready business and technical documentation, reducing manual effort and improving modernisation accuracy.

The platform supports multiple enterprise programming languages, including COBOL, PL/I, RPG, C/C++, Java, .NET, PL/SQL, and others, making it suitable for large-scale legacy transformation programs.

AI-Driven Forward Engineering Capabilities

Beyond reverse engineering, the platform also supports forward engineering by generating modern application architectures and full-stack code aligned with microservices and API-based systems. Developers can interact with outputs through feedback loops, refining results with real-time AI suggestions.

CodeInsightAI also integrates with low-code and no-code platforms such as Pega and Appian, enabling faster application deployment. Its compatibility with cloud environments and availability on AWS and Azure marketplaces further improves enterprise adoption potential.

Impact on Enterprise Modernisation Programs

Coforge noted that ongoing transformation projects using CodeInsightAI have demonstrated faster documentation, reduced rework, and improved predictability in modernisation programs. The platform aims to help enterprises convert accumulated technical debt into structured, scalable digital assets, improving operational efficiency and innovation capacity.

Also Read: Best Long-Term Stocks in Feb 2026!

Conclusion

While Coforge shares faced short-term pressure despite the announcement, the expansion of CodeInsightAI strengthens the company’s positioning in AI-driven modernisation services. As enterprises accelerate digital transformation and legacy modernisation initiatives, Coforge’s AI-powered platforms could support long-term growth opportunities even if near-term market volatility continues.

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