Buy Hexaware Technologies. target Rs 470: Manas Jaiswal

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Manas Jaiswal of manasjaiswal.com has a buy call on Hexaware Technologies Ltd. with a target price of Rs 470.
Manas Jaiswal of manasjaiswal.com has a buy call on Hexaware Technologies Ltd. with a target price of Rs 470. The current market price of Hexaware Technologies Ltd. is Rs 448.1 Time period given by the analyst is Intra Day when Hexaware Technologies Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 439. Hexaware Technologies Ltd., incorporated in 1992, is a midcap company with a market cap of Rs 13301.68 Crore) operating in Information Technology sector.

Hexaware Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 1524.11 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Dec-2017.

For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 1048.99 Crore, up 4.39 % from last quarter Sales of Rs 1004.83 Crore and up 9.21 % from last year same quarter Sales of Rs 960.53 Crore Company has reported net profit after tax of Rs 134.20 Crore in latest quarter.

The company’s top management includes Mr.Atul K Nishar, Mr.Basab Pradhan, Mr.Bharat Shah, Mr.Christian Oecking, Mr.Dileep Choksi, Mr.Jimmy Mahtani, Mr.Kosmas Kalliarekos, Mr.P R Chandrasekar, Mr.R Srikrishna, Mrs.Meera Shankar. Company has BSR & Co. LLP as its auditoRs As on 31-03-2018, the company has a total of 296,840,257 shares outstanding.
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