Stocks to Watch, 29 August: Stocks like Reliance Industries, Hexaware Technologies, Lemon Tree Hotels, Afcons Infrastructure, Shukra Pharmaceuticals, One 97 Communications Paytm, Muthoot Finance, and CG Power and Industrial Solutions will be in focus on August 29.
Motilal Oswal is bullish on Hexaware Technologies recommended buy rating on the stock with a target price of Rs 950 in its research report dated May 23, 2025.
The shift from deploying AI has started reflecting on the IT services firm’s hiring strategy, as Hexaware plan to soon experiment with deploying agentic AI solutions at its internal helpdesk functions.
Stocks to Watch, 29 Apr: Stocks like RPG Life Sciences, Adani Green Energy, Oberoi Realty, Fino Payments Bank, KFin Technologies, Plastiblends India, Hatsun Agro Product, AWL Agri Business, Adani Total Gas, Nippon Life India Asset Management, Firstsource Solutions, Go Digit General Insurance, and Greenply Industries will be in focus on April 29.
Stocks to Watch, Mar 12: Stocks like Sandur Manganese and Iron Ores, Zota Health Care, Indian Renewable Energy Development Agency, TVS Motor Company, Hexaware Technologies, Adani Green Energy, NTPC Green Energy, OnMobile Global, KPI Green Energy, and Tamilnad Mercantile Bank willl be in focus on March 12.
Shares of Hexaware Technologies Ltd declined 6.75 percent to an intraday low of Rs 763.95 per share on the NSE.
Hexaware Tech share price: As part of the association, the technology solutions company will be recognized as the San Francisco Unicorns' official partner
Stocks To Watch, Feb 19: Stocks like Indian Overseas Bank, Larsen & Toubro, Container Corporation of India, Cello World, RBM Infracon, Bharti Airtel, Voler Car, PS Raj Steels, and Maxvolt Energy Industries will be in focus on February 19.
Ahead of the listing, the unlisted shares of the company were trading with a grey market premium (GMP) of 0.35 percent at Rs 710.5 apiece.
The global IT service provider aims to raise Rs 8,750 crore through its maiden issue, which is set to be the largest IPO by an Indian IT company, breaking the previous record held by TCS.
Hexaware Technologies IPO | The Rs 8,750 crore maiden public issue of the US private equity giant Carlyle-backed company will open for public subscription on February 12 and close on February 14
The company is selling shares at significantly higher valuation than its exit price in 2020
According to CEO Srikrishna Ramakarthikeyan, the re-listing of the mid-tier IT company will not change its focus or business priorities.
Hexaware Technologies IPO comprises of entirely offer-for-sale (OFS) of Rs 8,750 crore worth shares by promoter CA Magnum Holdings, a part of Carlyle Group Inc, an American multinational company.
This will be India's biggest ever IPO in the IT services and enterprise tech segment. Carlyle acquired Hexaware in 2021 from rival private equity firm Baring Private Equity Asia (now EQT) for around $3 billion.
Theoffer for sale comes at a time of cautious optimism about growth prospects for the industry. However, the growth of AI means that it is a time of flux as well.
The payout ranges from 100 percent for those meeting expectations to 120 percent for high performers with two years of exceptional results
Hinting that the basis of employers' negotiation has gotten better amid the recent developments around the slowdown, it said candidate expectations may further soften over 4-6 months.
Atul Nishar, founder, Hexaware is stepping down from his current role as Chairman in Hexaware Technologies. He will continue as Chairman Emeritus.