Buy Hexaware Technologies, price target Rs 385: Kunal Bothra

Independent Analyst Kunal Bothra has a buy call on Hexaware Technologies Ltd. with a target price of Rs 385. The current price of Hexaware Technologies Ltd. is Rs 373.4 Time period given by the analyst is Intra Day when Hexaware Technologies Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 361 .

Hexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10861.19 Crore) operating in IT Software sector.

Hexaware Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 1794.02 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Dec-2018.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1481.35 Crore, up 13.22 % from last quarter Sales of Rs 1308.34 Crore and up 22.46 % from last year same quarter Sales of Rs 1209.62 Crore Company has reported net profit after tax of Rs 183.65 Crore in latest quarter.

The company’s top management includes Mr.Atul K Nishar, Mr.Jimmy Mahtani, Mr.Kosmas Kalliarekos, Mr.P R Chandrasekar, Mr.R Srikrishna, Mrs.Meera Shankar. Company has BSR & Co. LLP as its auditoRs As on 30-09-2019, the company has a total of 298,337,681 shares outstanding.