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HEXAWARE EARNINGS
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained ...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Infosys, TCS and other IT stocks slide for third straight session as AI worries mountIndian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...
- Clients moving beyond AI pilots to roadmaps with clear returns: Hexaware CEOClient spending on AI has shifted from experimentation to concrete roadmaps with immediate ROI expectations, according to Hexaware CEO R Sr...
- Gautam Duggad on why midcaps will keep beating Nifty and his top bets for FY27Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU b...
- Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
- Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimatesHexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Reve...
- Sell Hexaware Technologies, target Rs 390: Motilal Oswal SecuritiesSell Hexaware Technologies Ltd. at a price target of Rs 390.
- Hold Hexaware Technologies, target Rs 230: Edelweiss Financial ServicesThe company has reduced dividend payout ratio to build reserves for acquisitions. Valuation at 13.5x CY17E EPS seems stretched.
- Hexaware Tech drops 4% on weak March quarter earningsOn Thursday, the stock had fallen over 9 per cent in intraday trade, before recovering most of its losses to close just 0.5 per cent lower.
- Hexaware Technologies Q2 net dips 12.8 per cent; sees sustainable growth in 3-4 quartersHexaware said its consolidated net profit has declined 12.8% to Rs 86.02 crore for the quarter ended September 30, due to higher overhead c...
- Hexaware Q2 net profit rises 48% at Rs 89.03 croreRevenues of the company for the 2nd quarter of 2012 rose 50% to reach Rs 500 cr from Rs 334 cr in the same quarter last year.
- Earnings Report: Hexaware, Biocon
- Hexaware Technologies posts over two-fold jump in net profit at Rs 88.25 croreHexaware Technologies reported over two-fold increase in its consolidated net profit after tax at Rs 88.25 crore for the fourth quarter end...
- Hexaware Technologies Q4 net up 9.9 per cent to Rs 39.60 crIncome from operations rose to Rs 299.62 crore in the October-December quarter from Rs 252.04 crore in the same period a year ago.
- Bank of America upgrades the ratings of Hexaware to BuyHexaware derives 29% revenues from ERP and is likely to benefit from the early signs of recovery seen in ERP spend.
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