Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hexaware Technologies is a buying opportunity. There is a target of Rs 99 or even Rs 100. It came out of a base. The stocks that build bases are usually stocks that will last longer in the upside momentum and that is what Hexaware is doing."
"I would be upbeat on it. It has been seeing big gains so the entry should not be immediate but rather on an intraday consolidation," he added.
The share touched its 52-week high Rs 142.00 and 52-week low Rs 72.30 on 14 September, 2012 and 25 June, 2013, respectively. Currently, it is trading 33.45 percent below its 52-week high and 30.71 percent above its 52-week low. Market capitalisation stands at Rs 2,822.04 crore.
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