Motilal Oswal Financial Services initiates a Buy call on Hexaware Technologies, setting a target price of Rs 950. Hexaware, a small-cap IT company, demonstrates strong financial performance with a revenue increase of 16.42% year-over-year. The brokerage anticipates robust growth, driven by strategic partnerships and effective execution, despite near-term uncertainties in discretionary tech spending.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets