BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura maintains neutral on Hexaware
Below industry revenue growth and muted earnings growth; limited upside triggers. Dividend payout of Rs 8.5 will likely support the stock in the near term, but no material triggers for a re-rating given a muted EPS (earnings per share) growth outlook. Target price increased from Rs 130 to Rs 140.