Hexaware Technologies’ IPO received a decent response with a subscription rate of just over 2 times. The company will finalise share allotment today. Despite a marginal GMP of Rs 1, Hexaware has shown consistent growth in recent years, increasing revenue significantly from Rs 7,178 crore in CY21 to Rs 10,380 crore in CY23.
HCL Tech’s margins and constant currency growth to remain under pressure: Aditya Shah
Market watchers responded cautiously to the latest quarterly numbers, which fell short of expectations in growth and margins. While new deal wins were announced, concerns