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HEXAWARE REVENUE MISS
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...- 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...
- Midcaps up M&A game with winds of tech spends revivalIndian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business mode...
- Neutral on Hexaware Technologies, target price Rs 390: Motilal OswalHexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 11148.23 Crore) operating in IT ...
- Centrum Broking maintains buy on Hexaware Tech, target price Rs 410Buy Hexaware Technologies Ltd. at a price target of Rs 410.0 .
- Analyst Calls: Welspun Corp, L&T, Rallis India, Lemon Tree HotelsCentrum Broking has maintained buy rating on Hexaware Technologies with a target price of Rs 410.
- After Market: Airtel, HDFC rally, Jet crashlands; 333 stocks hit 52-week lowsReliance Industries, ICICI Bank, HDFC and ITC were the top contributors to the rise in Sensex.
- Indian IT companies have had to transform every part of their process for faster growthTo get here, Indian IT companies have had to change every part of their process—even becoming less Indian.
- Digital exposure to help midsize IT companies post higher growthWhile some of the mid-cap IT firms have registered strong growth in the past couple of quarters, analysts have said they would continue to ...
- Accumulate Hexaware Technologies, target Rs 255: Prabhudas LilladherAccumulate Hexaware Technologies Ltd. at a price target of Rs 255.0 and a stop loss at Rs $stopLossL from entry point
- 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.
- IT sector to grow in single digits: Girish Pai, Head of Research, Nirmal Bang Institutional Equities"The IT services industry will probably show only high single-digit revenue growth in dollar terms from FY16 onwards."
- Brokerages' views on 5 stocks post September quarter resultsVarious brokerages have revised their recommendations on M&M, Cipla, Future Retail, Hexaware Technologies and JB Chemicals.
- Why you should stay invested in IT despite weak near-term outlookA strong dollar has severely dented revenue earnings of IT firms. Though the near-term outlook remains subdued, investors have reasons to b...
- Infosys tanks 6% on dismal Q4; Market cap dips Rs 14,000 croreThe stock plunged 5.95 per cent to settle at Rs 1,996.25 on the BSE. In intra-day, it had tanked 6.62 per cent to Rs 1,982.
- Expect decent earnings growth in FY15 for a lot of IT cos: Rajiv Mehta, IIFL India"Fundamentally, things are looking better in FY15 compared to FY14 and we can gauge this from the commentary of TCS, Cognizant and HCL Tech...
- Red flags from IT firms like Cognizant, Infosys & Hexaware put question mark over recovery in 2013The negative sentiment brought on by the barrage of bad news pushed shares of most large-cap IT down during the last two trading sessions.
- Expect TCS to post modest growth: Bhavin Shah, Equirus SecuritiesTCS will have a modest growth, but we are interested in listening to the commentary from the TCS management as to what challenges they are ...
- Bonds tie down job-hopping geeksAs technology firms aggressively chase potential hires from rival firms, many junior to mid-level professionals are finding it difficult to...
- 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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