Moneycontrol
Sep 14, 2011 03:43 PM IST | Source: PTI

Will book near-term exposure, no change in hedge: Mastek

Due to the sudden depreciation in the rupee, Farid Kazani, group chief financial officer and director finance of Mastek said that they will be looking at opportunities to book intermediate exposure at current levels. However, they will not change their hedging policy.


Along with the entire IT space, Mastek has been fairly resilient and the sudden depreciation in the rupee will improve things for this sector. In an exclusive interview to CNBC-TV18, Farid Kazani, group chief financial officer and director finance said that they will be looking at opportunities to book intermediate exposure at current levels. However, he adds that they will not be altering their hedging policy based on such intermediate volatile movements.

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