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HEXAWARE TECH RATING
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...
India to attract major share of EQT's $15.6-billion Asia fund: EQT India headEQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees s...
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...
PE-backed IT companies growing faster, thanks to costs control, ops shifts, say expertsPrivate equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes....
TCS, Infosys, Wipro and other IT stocks soar up to 4%. Here’s what’s triggering the surgeIT stocks rallied up to 4% on Wednesday after CLSA retained its Outperform rating on key names, easing concerns around AI-led disruption th...
Hexaware Tech rises on likely US rate cut, weak rupeeHexaware Technologies' stock has recently seen gains, driven by a weaker rupee and anticipated US interest rate cuts potentially boosting I...
Hexaware acquires two SMC Squared firms for over Rs 1,000 crore in GCC spaceThe acquisition of Tech SMC Squared India and Tech SMCSquared (GCC) India is aimed at expanding Hexaware’s presence in the global capabilit...
Motilal Oswal initiates coverage on Hexaware Technologies with a Buy, target price Rs 950Motilal Oswal Financial Services initiates a Buy call on Hexaware Technologies, setting a target price of Rs 950. Hexaware, a small-cap IT ...
Hexaware Tech lists at 5% above IPO priceAfter delisting from the Indian bourses in November 2020, the software services company returned to the capital market by selling shares wo...
Hexaware relisting an opportunity to tap a mid-tier IT growth engineHexaware Technologies, a mid-tier IT services exporter, plans to raise Rs 8,750 crore through an offer for sale by the promoter Carlyle gro...
Hexaware Tech revenue to grow at 12-14% next fiscal: FitchThe agency has assigned India-based Hexaware Technologies long-term foreign- and local-currency issuer default ratings (IDR) of 'BB-' and s...
Hexaware delisting plans hit roadblockThis is the first attempt by a private equity firm to take its listed company private. JM Financial and Citi are the merchant bankers hired...
IT’s new CEOs driving double-digit growth at mid-cap companies in IndiaDigital-heavy strategy and deep skill sets brought by CEOs from larger tech firms pay off.
TechM's Q2 numbers meet expectations, but earnings downgrades likely: Girish PaiTechM management's commentary sounded a bit more tentative on the revenue growth, says Pai. pickup in communication vertical has been pushe...
Don’t see pricing as much of a problem for IT cos in Q3: Ankita Somani, Angel BrokingPricing has been stable for most of the mid-tier IT cos. I don't see pricing as much of a problem for IT cos in Q3, says Ankita Somani.
- Brokerage views on HCL Technologies, Hexaware, Tata Motors
Read on to know what brokerages have to say about select stocks that are likely to be in action today:
- HDFC Bank's growth, results are in line with estimates: Prashastha Seth
"The positive surprise was on the net income front whether it was slightly higher than expected but all in all as expected."
- Brokers' call: Page Industries, Cairn India, Havells, Hexaware Technologies
We have compiled stock views and recommendations from various agencies. Their recommendations are as follows:
- HCL Tech will show stellar performance beating the industry growth rates: Phani Sekhar, Angel Broking
HCL Tech has also been doing very well. Looking at the pipeline for the next two to three quarters, I certainly believe that they will cont...