Hexaware has target of Rs 82: Nooresh Merani

Hexaware has target of Rs 82, says Nooresh Merani of AMSEC Research.

Merani told CNBC-TV18, "Hexaware is one of the few stocks which have been resilient in the falling markets. Yesterday the stock gave a sharp up move with a closing of around 7% plus. This gives us momentum into the stock." He further added, "We would expect the stock to hit back to Rs 82 to Rs 84 in the short term. My intraday target is Rs 82 keeping a stoploss at Rs 74."