Hexaware tanks 7% after cut in full year revenue guidance, slow deal wins Hexaware was the second midcap IT company (after L&T Technology) to lower its revenue growth guidance for full year. It cut CY19 revenue growth guidance to 17-18 percent against 19 percent earlier.
Hexaware Q2 PAT seen up 17.5% QoQ to Rs. 177.8 cr: Prabhudas Lilladher Net Sales are expected to increase by 14.6 percent Q-o-Q (up 24 percent Y-o-Y) to Rs. 1,499.6 crore, according to Prabhudas Lilladher.
What are allowances and which allowances are exempt? Allowance is defined as a fixed quantity of money or other substance given regularly in addition to salary for meeting specific requirements of the employees.
Buy Hexaware Technologies; target of Rs 445: HDFC Securities HDFC Securities is bullish on Hexaware Technologies has recommended buy rating on the stock with a target price of Rs 445 in its research report dated August 09, 2019.
Hexaware to focus on leveraging its new acquisition Mobiquity’s capabilities The company acquired the US-based Mobiquity for $182 million in June 2019 for its digital offerings, especially in the banking space. Mobiquity group revenue was $70 million for the year ended December 31, 2018.
Hold Hexaware Technologies; target of Rs 347: Prabhudas Lilladher Prabhudas Lilladher recommended Hold rating on Hexaware Technologies with a target price of Rs 347 in its research report dated August 08, 2019.