March 5 (Reuters) - Shares of India's Coforge COFO.NS jumped as much as 10% on Wednesday, a day after the IT services provider signed a 13-year partnership with U.S.-based travel bookings provider Sabre Corp SABR.O.

The stock was up 9.1% as of 10:44 a.m. IST, on track for its second-highest percentage gain so far in 2025, and was the top percentage gainer on the IT index .NIFTYIT which was trading 2% higher.

The deal, Coforge's largest ever, not only provides greater revenue growth visibility for fiscal year 2026 but will also improve its positioning in the travel vertical, analysts at Jefferies said.

Coforge on Tuesday said that the deal positions it as "a key partner in furthering Sabre's ability to accelerate product delivery and launch artificial intelligence-enabled solutions," without providing specific details.

Valued at $1.56 billion, the deal is significantly bigger than Coforge's fiscal year 2024 revenue of $1.05 billion.

"Being able to win against larger peers is quite commendable and should lead to more such deal wins in the future," Jefferies said.

Macquarie analysts said that the deal suggests Coforge is able to convince customers to award it significantly bigger deals than normal, implying that clients deem the company as "a safe pair of hands."

The deal would likely bring in annual revenue of $140 million to $150 million in the initial years, they said.

Morgan Stanley analysts called the deal value "much higher than expected".

Coforge is among only four stocks rated "buy" on average in the 10-member IT index, same as larger peers Infosys INFY.NS and TCS TCS.NS, per data compiled by LSEG.

However, the stock has lost 10% so far this year, compared to a 12% decline in the IT index, which has been pressured by concerns over tariffs under U.S. President Donald Trump's administration.

($1 = 87.1525 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru; Editing by Varun H K)

((Kashish.Tandon@thomsonreuters.com; 8800437922;))