Hexaware Technologies’ stock has recently seen gains, driven by a weaker rupee and anticipated US interest rate cuts potentially boosting IT spending. Despite a modest revenue growth in the June quarter due to client spending reductions, the company is improving profitability through increased offshore revenue and employee utilization.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap