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Hexaware Technologies saw its shares decline following the announcement of its chief executive's departure, raising concerns about near-term growth. Meanwhile, HUDCO gained ground after signing a major infrastructure memorandum of understanding with the Bihar government.
ICICI Securities has issued a "Hold" rating for Hexaware Technologies, setting a target price of Rs 580. This financial advice provides an outlook on the company's stock performance.
ExlService announced that its current president, Vivek Jetley, will leave the company to take on the chief executive officer position at Hexaware Technologies.
Motilal Oswal has issued a 'Buy' recommendation for Hexaware Technologies, setting a target price of Rs 720 for the stock.
The CEO of Hexaware Technologies warns that artificial intelligence could significantly lower pricing for standard IT services, fundamentally altering labor-intensive tech sectors.
Hexaware Technologies shares rose after Motilal Oswal reiterated a 'Buy' rating with a Rs 720 target, citing the company's AI strategy and potential 35% upside.