Buy Hexaware With Target Of Rs 87

Buy Hexaware With Target Of Rs 87Stock market analyst Sanjay Surekha is of the view that investors can buy Hexaware Technologies Ltd with target of Rs 87.

According to analyst, the investors can buy the stock with strict stop loss of Rs 73.

The shares of the company, on June 23, closed at Rs 77.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 102.80 and a low of Rs 37.75 on BSE.

Current EPS & P/E ratio stood at 12.32 and 6.32 respectively.

Hexaware Technologies Ltd (HTL) is an IT and BPO service provider, which is based in Mumbai, Maharashtra.

HTL offers software services in airline businesses, banking and financial services and health care insurance segments.

At present, the company is appraised as a CMMI level 5 company and since the year 2005, NASSCOM has rated Hexaware as India's 11th IT firm in list of top 20.

The present employee strength of the company is more than 5000 with over 145 customers.

Apart from India, the company runs from several offices in nations including Japan, USA, Canada, Singapore, Netherlands, Belgium and Germany.

After beginning plants in Chennai, HTL commenced its third development facility in Pune in the year 2006.

In a separate study of 2006, it was placed the sixth Best IT Employers from the country.