Positive impactCompany
Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720
Economic Times 24 Aug·24 Aug 2026, 5:26 am
Hexaware Technologies shares rallied 5% after Motilal Oswal maintained a 'Buy' rating on the stock. The brokerage set a target price of Rs 720, suggesting significant upside potential for investors.
The brokerage’s optimism is anchored in Hexaware’s strategic pivot towards Artificial Intelligence. By adopting new pricing models like Zero License and token-based pricing, the company aims to modernize its revenue structure. While current deal ramp-ups may be delayed, analysts believe AI-led opportunities will drive stronger growth in the coming fiscal year.
Investors should watch for the company’s execution on its AI strategy and any updates on delayed deal ramp-ups. These factors will be crucial in determining if Hexaware can sustain its growth momentum and reach its target price.
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Hexaware Technologies (HEXT).
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Hexaware Technologies worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
