Buy Hexaware Technologies Ltd. target Rs 253: Mazhar Mohammad

Mazhar Mohammad of Chartviewindia.in has a buy call on Hexaware Technologies Ltd. with a target price of Rs 253.0 .The current market price of Hexaware Technologies Ltd. is Rs 230.95. The time period given by analyst is Intra Day when Hexaware Technologies Ltd. price can reach defined target. Mazhar Mohammad recommended to keep stoploss at Rs 217.0 .

Hexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company with a market cap of ₹ 6817.15 crore operating in Information Technology sector.

Hexaware Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed ₹ 1393.04 Cr to Sales Value (100.00 % of Total Sales)for the year ending 31-Dec-2016.

For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 960.53 Cr., up 2.09% from last quarter Sales of ₹ 940.87 Cr. and up 17.11% from last year same quarter Sales of ₹ 820.21 Cr. Company has reported net profit after tax of ₹ 113.90 Cr. in latest quarter. The company’s CEO is Mr.R Srikrishna. It's Board of Directors include Mrs.Gunjan Methi, Mr.Amalesh Mishra, Mr.Amrinder Singh, Mr.Aravind Kashyap, Mr.Ashok Harris, Mr.Atul K Nishar, Mr.Basab Pradhan, Mr.Bharat Shah, Mr.Chinmoy Banerjee, Mr.Christian Oecking, Mr.Dileep Choksi, Mr.Jimmy Mahtani, Mr.K Senthil Nayagam, Mr.Kosmas Kalliarekos, Mr.Krishna Kumar, Mr.Milan Bhatt, Mr.P R Chandrasekar, Mr.R Srikrishna, Mr.Rajesh Kanani, Mr.Ravi Vaidyanathan, Mr.Srinivasan Panchapakesan, Mr.Vijay Iyer, Mr.Vinod Chandran, Mrs.Amberin Memon, Mrs.Gunjan Methi, Mrs.Meera Shankar, Ms.Aparna Jairam. Company has its registered office at 3625 Brookside Parkway, Suite 535, Alpharetta, Atlanta, Georgia. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2017, the company has a total of 295,429,744 shares outstanding.