HEXAWARE NEWS
Hexaware to hire up to 8,000 people globally in 2024
Hexaware Technologies intends to expand its workforce globally by hiring between 6,000 and 8,000 employees in 2024 across various countries including India, the US, Canada, Mexico, Poland, and the UK. The company's hiring plans are contingent upon favorable global market conditions, as stated in a news release. Rajesh Balasubramanian, EVP and Global Head of Talent Supply Chain at Hexaware, emphasized the company's active recruitment drive to attract talented individuals worldwide.
Carlyle hires 5 I-banks for $1 bn Hexaware IPO
Carlyle plans to list Hexaware, aiming to raise $1 billion at a valuation of $5.5-6 billion. The move follows Carlyle's acquisition of Hexaware in 2021 from Baring PE Asia. If successful, it would mark India's largest technology sector IPO.
Carlyle picks JPMorgan and Kotak to help arrange Hexaware IPO: Report
The US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified as the deliberations are private. More bankers will likely be added for the potential $1 billion offering, which may value the Indian information technology company at as much as $6 billion, they said.
Carlyle said to weigh $1 billion IPO for Indian IT firm Hexaware
At about $1 billion, it would be the biggest IPO in the country since Life Insurance Corp. of India’s in 2022, according to data compiled by Bloomberg. That company’s shares slumped initially but have mostly recovered.
India’s used-car overdrive
Cars24 is in the final stages of closing a $300-350 million funding round at a valuation of $2 billion, underscoring the investor interest in the used-car space.
- Go To Page 1
Hexaware appoints ex-Cognizant Rajeev Kumar Mehta as non-executive chairman
Hexaware Technologies' founder Atul Nishar will step down from his present role of chairman but will continue as the chairman emeritus.
Neutral on Hexaware Technologies, target price Rs 390: Motilal Oswal
Hexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 13993.57 Crore) operating in IT Software sector.
Stocks in the news: Lakshmi Vilas Bank, SpiceJet, Future Enterprises, IRB Infra and Hexaware
SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown.
Hexaware gains 3% amid reverse book building process
“We don't expect minority investors of any IT company likely to surrender shares at a significant discount to its prevailing market price given the current strong demand backdrop for IT/digital services. So Rs 420-450 is the right range for minority shareholders to tender their shares,” ET reported Suyog Kulkarni of Reliance Securities as saying.
Buy Hexaware Technologies, target price Rs 425: Centrum Broking
Hexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 12412.49 Crore) operating in IT Software sector.
Neutral on Hexaware Technologies, target price Rs 390: Motilal Oswal
Hexaware Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 11148.23 Crore) operating in IT Software sector.
Stocks in the news: Bharti Airtel, Maruti, YES Bank, Dr Reddy's Labs, IndusInd Bank and Nestle India
A more than five-fold jump in provisions weighed on IndusInd Bank net profit for the June quarter
Share market update: IT shares mixed; Hexaware surges 20%
The Nifty IT index was trading 0.1 per cent down at 14612.4.
Trending stocks: Hexaware Technologies share price down 4%
Shares of traded 4.11 per cent down in trade at 11:25AM on Thursday .
Trending stocks: Hexaware Technologies shares down nearly 1%
Shares of traded 0.49 per cent down in trade at 11:24AM on Wednesday .
Stocks in the news: Axis Bank, Reliance Industries, IDFC First Bank, Hexaware and NLC India
Here are a few stocks which may buzz the most in Wednesday's trade.
Share market update: Balrampur Chini, Hexaware Technologies among top losers on BSE
In the Nifty pack, 30 stocks were in the green, while 20 stocks were in the red.
Buy Hexaware Technologies, price target Rs 385: Kunal Bothra
The analyst suggested a stoploss at Rs 361 .
Stock market update: IT shares gain; Mindtree rises 2%
The Nifty IT index was trading 0.49 per cent up at 16362.9 .
Stock market update: IT shares mixed; Infosys rises 2%
The Nifty IT index was trading 0.58 per cent up at 16,428.75 .
ICICI Securities maintains buy on Hexaware Technologies, raises target price to Rs 430
The worst of the company's client-specific issues to be behind by the fourth quarter of 2019 with revenue growth likely to sustain in double digits.
Stock market update: IT shares mixed; Hexaware up 1%
The Nifty IT index was trading 0.14 per cent down at 15684.35 .
Sell Hexaware, price target Rs 310: CK Narayan
The analyst suggested a stop loss at Rs 330.
Hexaware stock under pressure as client troubles slow orders
Earnings guidance reduced to 17-18% from 19% after Q3 results; on the positive side, revenue from its acquisitions and growth from other verticals remain healthy
Centrum Broking maintains buy on Hexaware Tech, target price Rs 410
Buy Hexaware Technologies Ltd. at a price target of Rs 410.0 .
Load More
