Ajay Srivastava, CEO of Dimensions Consulting told CNBC-TV18, "Hexaware Technologies share price has gone up from about Rs 70 to Rs 120 since January if I am not wrong. But there is still headroom for this company to go to about Rs 140-150 for three reasons, one the overhang is now over in this company, so lot of employee issues will get settled in. Number two, with Baring coming as part of this they should see lot more capital support to grow in this business and number three is the Baring’s network should get them some amount of semblance or more credibility as they have fought the big majors in India.”
“So overall it is a great thing for Hexaware. I think the share price will react positive today once it opens up. It should see it closing close to, if not above Rs 135-140 mark which is a tender mark. It is overall a positive and it should be a plus today for the company,” he added.
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