India's Hexaware slides after quarterly profit decline
BUZZ-India's Hexaware slides after quarterly profit decline ** Shares of Indian IT services firm Hexaware HEXW.NS fall 6.6% to 577.60 rupees, set for biggest one-day pct drop since April
** Co on Wednesday reported Q1 net profit decline of 13.2% y/y; rev from ops rose nearly 18%
** Stock on avg rated "buy" by 16 analysts; median PT is 550 rupees - LSEG-compiled data
** Stock down 24.5% YTD
(Reporting by Abhirami G in Bengaluru)
Recent news on Hexaware Technologies
See all newsIndia's Hexaware heads for best day ever on Anthropic partnership
Brief: Hexaware Technologies Enters Into Multi-Year Partnership With Anthropic
AI pressure, client caution cloud Indian IT earnings in September quarter
India Stocks: Financials lead Indian shares higher after recent decline
Indian IT services firm Hexaware falls as CEO exit clouds growth recovery (updated)