{
  "type": "article",
  "title": "Motilal Oswal Sees 35% Upside in Hexaware Technologies Following Sharp Stock Rebound",
  "summary": "Shares of IT major Hexaware Technologies rebounded sharply on Monday, trading over 4% higher following recent selling pressure. Brokerage firm Motilal Oswal has maintained its BUY rating with a target price of Rs 720 per share, pointing to a potential 35% upside.",
  "content": "Shares of technology services enterprise Hexaware Technologies Limited experienced a strong rebound during Monday's trading session, recovering from the sharp sell-off witnessed in recent sessions. The IT stock gained over 4% in morning trade. By 11 am on Monday, Hexaware shares were trading 4.23% higher at Rs 555.65 per share on the BSE, bringing the company's total market capitalization to Rs 33,951.10 crore. During the day, the stock touched an intraday high of Rs 574.20 per share and a low of Rs 531.05 per share.\n\nStock Price Dynamics and 52-Week Range\nHexaware Technologies opened on a positive note on Monday. Looking back at its 52-week trajectory, the stock achieved a 52-week high of Rs 829.85 per share on the BSE on August 26, 2025. Conversely, it recorded a 52-week low of Rs 400.35 per share on March 12, 2026. In terms of historical performance, the IT service provider's stock has surged 16.56% over the past six months, although it remains down 26% on a year-to-date (YTD) basis. The company maintains a healthy return on equity (ROE) of 24.90%.\n\nBusiness Growth Drivers and Enterprise Strategy\nThe company is positioned for a stronger closing phase in calendar year 2026 (CY26) and a favorable entry point into CY27. Growth momentum is being supported by steady expansion across major industry verticals, including banking, healthcare, and manufacturing. Furthermore, Hexaware continues to capture enterprise opportunities in low-code/no-code technology solutions, SaaS bolt-ons, platform lock-ins, and legacy IT modernization.\n\nBrokerage Rating and Target Price Assessment\nBrokerage firm Motilal Oswal has reaffirmed its bullish thesis on the stock, maintaining a 'BUY' rating with a target price of Rs 720 per share. The target valuation is derived from a 25x multiple on estimated CY27 earnings per share (EPS), implying an upside potential of 35% from the current market level.\n\nIn its assessment, Motilal Oswal highlighted that Hexaware offers a genuinely differentiated proposition in the IT services landscape. The brokerage indicated that deal wins and revenue conversion will remain the primary key monitorables going forward. It noted that while the February-era narrative declaring all SaaS worthless has receded, per-seat SaaS replacement across specific niches continues to represent a credible long-term market opportunity.\n\nWhat this means for you\nFor Retail Investors: The BUY rating and Rs 720 target price from Motilal Oswal signal a potential 35% upside for investors looking at mid-cap IT opportunities.\n\nFor the IT Industry: Sustained momentum in banking, healthcare modernization, and low-code SaaS adoption reflects positive spending trends in global IT services.\n\nQuestions & Answers\n\n1. How much did Hexaware Technologies stock jump on Monday?\nHexaware Technologies shares traded 4.23% higher at Rs 555.65 per share on the BSE at 11 am on Monday.\n\n2. What is Motilal Oswal's target price for Hexaware Technologies?\nMotilal Oswal maintained a 'BUY' rating on Hexaware Technologies with a target price of Rs 720 per share, indicating a 35% upside.\n\n3. What are the 52-week high and low prices for Hexaware stock?\nThe stock hit a 52-week high of Rs 829.85 on August 26, 2025, and a 52-week low of Rs 400.35 on March 12, 2026.\n\n4. What is the Return on Equity (ROE) of Hexaware Technologies?\nHexaware Technologies has a Return on Equity (ROE) of 24.90%.",
  "url": "https://trendkia.com/en/market/hexaware-technologies-ke-sheyara-men-ai-teji-motilal-oswal-ne-35-phisadi-barhata-ka-jataya-anumana-21082",
  "category": "Market",
  "publishedAt": "2026-08-24",
  "tags": [
    "Hexaware Technologies",
    "Motilal Oswal",
    "Share Price Today",
    "IT Stocks",
    "Stock Market News",
    "Target Price"
  ],
  "language": "en",
  "site": "TrendKia"
}