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Hexaware Technologies is currently trading at Rs 145.60, up by 2.25 points or 1.57% from its previous closing of Rs 143.35 on the BSE.
The scrip opened at Rs 143.50 and has touched a high and low of Rs 147.80 and Rs. 143.50 respectively. So far 158553 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 179.85 on 23-Apr-2014 and a 52 week low of Rs 72.30 on 25-Jun-2013.
Last one week high and low of the scrip stood at Rs 150.50 and Rs 141.00 respectively. The current market cap of the company is Rs 4372.73 crore.
The promoters holding in the company stood at 63.84% while Institutions and Non-Institutions held 18.58% and 10.48% respectively.
Hexaware Technologies has entered into new global strategic alliance with MarkLogic Corporation, the leading Enterprise NoSQL database platform. The partnership will enable both the entities to manage the massive data of any source and format to drive revenue, streamline operations, meet regulatory compliances, and manage risk. The move is set to bridge the gap between complex technologies and successful implementation.
Hexaware, which specializes in enterprise data management solutions, is bringing business acumen and data management skills to the partnership, identifying the technologies appropriate to business needs, and reducing the risk and cost of implementing new technology.
The initial focus of the new partnership will be on the areas of Banking and Financial Services. Recognizing that traditional relational database technologies can no longer keep pace with evolving business needs, these industries are looking for leading edge ways to leverage non-traditional sources of data and monetize those assets, enabling customer analytics, real time risk reporting, fraud prevention and market research.
Hexaware Technologies (HTL) is IT and Process outsourcing service provider in global space. The company provides technological solutions and specialises in Business Intelligence, Business Analytics, Enterprise Applications, Transportation, HR-IT and Legacy Modernization.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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