#hexaware share price today

[generalwombatexpert]

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[planify1]

Impact of Private Equity Deal and new Valuation on stock price of Hexaware. 50% easy returns in 6 months. Grab it today.  

[viralafeed]

COFORGE at All Time High; BSE IT Index Up 0.7%

COFORGE at All Time High; BSE IT Index Up 0.7%

Fri, 16 Apr 12:02 PM COFORGE share price has hit an all-time high at Rs 3,205 (up 5.3%). Meanwhile, the BSE IT Index is at 27,073 (up 0.7%). Among the top gainers in the BSE IT Index today are COFORGE (up 5.3%) and L&T INFOTECH (up 2.1%). HEXAWARE TECHNOLOGIES and L&T TECHONOLOGY (down 0.1%) are among the top losers today. Over the last one year, COFORGE has moved up from Rs 1,074 to Rs 3,205,…

[cssebiregisteredcompany-blog]

Equity benchmark indices open flat with negative bias amid the ongoing geopolitical tensions and persisting concerns over NBFC liquidity situation. Reliance Industries, ICICI Bank, Kotak Mahindra Bank, and IndusInd Bank were the top contributors to the index losses, Power Grid, Bajaj Finance, HUL, and L&T was gained on the Sensex. Among sectoral front, realty, pharma, and media were trading lower by 1%, auto and banking fell marginally. The Sensex was trading at 39,604 levels, down 137 points, while the Nifty was trading lower 50 points at 11,864 levels. The market breadth was negative on the NSE with 563 shares advancing, 950 shares declining, and 559 remaining unchanged. On the economy front, Wholesale Price Index (WPI)-based inflation data will be released today afternoon The Indian rupee traded little changed at 69.57 against the U.S. dollar compared to the yesterday’s close of 69.51. Shares of Gruh Finance dropped 7% in the morning trade after 3.08cr shares or 4.2% equity of the company changed hands in multiple block deals. Shares of Hexaware Tech rose 2% after it has acquired US-based Mobiquity Inc for a total consideration of about $182 million (~Rs1,266cr). The Volatility gauge, India VIX was up 1.79% at 13.90. The most active stocks on the NSE are Gruh Finance, Indiabulls Housing, Yes Bank and IndusInd Bank. Meanwhile, crude oil prices were trading marginally down with Brent trading 0.02% down at $61.3/bbl, while WTI dropped 0.3% at $52.12/bbl. Notably, oil prices have recovered from five-month low levels. Get more details here:  Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tips Call on:9977499927 * Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

[eqtmonline03-blog]

HEXAWARE TECHNOLOGIES Plunges by 9%; BSE IT Index Down 0.1%

HEXAWARE TECHNOLOGIES share price has plunged 9% and is presently trading at Rs 453.

Meanwhile, the BSE IT Index is at 15,127 (down 0.1%).

Among the top losers in the BSE IT Index today is HEXAWARE TECHNOLOGIES (down 9.0%).

ORACLE FINANCIAL SERVICES (up 0.9%) and TECH MAHINDRA (up 0.7%) are among the top gainers today.

Over the last one year, HEXAWARE TECHNOLOGIES has moved up from Rs 269 to Rs 453, registering a gain of Rs 184 (up 68.5%)..

The BSE IT has moved up from 9,953 to 15,127, registering a gain of 5,174 points (up 52.0%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 174.9%), KPIT TECHNOLOGIES (up 164.0%) and L&T INFOTECH LTD (up 154.5%).

What About the Benchmark Indices?

The BSE Sensex is at 38,367 (up 0.1%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 0.9%), ADANI PORTS & SEZ (up 0.8%) and AXIS BANK (up 0.8%). Other gainers include KOTAK MAH. BANK (up 0.5%) and WIPRO (up 0.5%). The most traded stocks in the BSE Sensex are KOTAK MAH. BANK and L&T.

In the meantime, NSE Nifty is at 11,575 (down 0.1%). AXIS BANK (up 1.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,568 to 38,367, registering a gain of 6,799 points (up 21.5%).

HEXAWARE TECHNOLOGIES Financial Update...

HEXAWARE TECHNOLOGIES net profit stood at Rs 2 billion for the quarter ended June 2018, compared to a profit of Rs 1 billion a year ago. Net Sales rose 13.1% to Rs 11.4 billion during the period as against Rs 10.0 billion in April-June 2017.

For the year ended December 2016, HEXAWARE TECHNOLOGIES reported 6.1% increase in net profit to Rs 4.2 billion compared to net profit of Rs 3.9 billion during FY15.

Revenue of the company grew 13.2% to Rs 35 billion during FY16.

The current Price to earnings ratio of HEXAWARE TECHNOLOGIES, based on rolling 12 month earnings, stands at 24.8x.

This article was originally published in English at www.equitymaster.com

Read the complete Indian stock market update. For the terms of use, go here.

[capitalways-blog1]

Stocks in the news: HCC, Infosys, Biocon, Sical Logistics, Tata Motors, Cadila Healthcare, Siemens

Monsanto| Axis Bank| Siemens|Adani Enterprises| Cadila Health are the stocks which are in news today.

Here are the stocks which are in news today:

Results Today: Adani Ports, HCC, Adani Power, Hexaware Technologies, IRB Infra, JSW Energy, MRF

Biocon US FDA completed pre-approval inspection of Sterile drug manufacturing facility, Bangalore this week USFDA issues Form 483 with 7 observations

National Fertilizers Q4 net profit down 23.9% at Rs 67.68 crore, revenue up 12.8% at Rs 2,095.73 crore

Siemens Q2 net profit up 18.2% at Rs 219.7 crore, revenue up 7.6% at Rs 3,283.4 crore

Kridhan Infra's subsidiary Swee Hong wins order worth Rs 566 million

Sical Logistics received letter of acceptance from Northern Coalfields for excavation of overburden from Amlohri OCP

ONGC drills 503 wells in FY18 - Highest in last 27 years

Monsanto: The firm’s Board will be meeting on May 15, 2018 to discuss financial results and a dividend issue.

Axis Bank: The lender allotted 52,840 shares of Rs 2 each under the ESOP scheme.

InterGlobe Aviation: Q4 profit down 73% YoY on fuel price increase, foreign exchange impact

United Drilling fixed May 10, 2018 as record date for bonus issue

Shankara Building Products board meeting on May 10 to consider fund raising, to recommend dividend

Adani Enterprises: Rajiv Nayar resigns as CFO & Addl Director w.e.f May 1

Cadila: Zydus received final approval from US FDA for Bumetanide tablets

Tata Motors launches AMT version of compact SUV Nexon

Lemon Tree Hotels opens new hotel under brand name 'Lemon Tree Hotel' in Srinagar

Infosys partners Astound for automated services, support for enterprises

Ganesha Ecosphere board authorized opening of QIP at floor price of Rs 396.13 per share

Adani Transmission appoints Anil Sardana as CEO

Techno Electric entered into share purchase agreement to acquire 26% stake in Kohima – Mariani Transmission from Kalpataru Power

Infibeam Incorporation board meeting on May 7 to consider & approve preferential issue

Emami Paper board approved greenfield expansion project at Bharuch

ICRA assigned ICRA AA rating to Thomas Cook Rs 100 crore NCD

Magma Fincorp to consider March quarter results, dividend on May 9

Creation Investments Equitas Holdings LLC sold 24,24,812 shares of Equitas Holding at Rs 165 on the BSE

Vedanta bids for all oil blocks on offer - BS

Spot power price rises 44% to Rs 3.98 per unit in April - FE

Capital Ways Investment Adviser 605, Industry House , AB road Indore (MP) 452001 info@capitalways.com Contact Us: 08517810864 https://www.capitalways.com/

[ralphmorgan-blog1]

Acko is an ambitious digital play to disrupt Indias $10B insurance industry

Acko is an under-the-radar startup that wants to disrupt Indias insurance industry through a digital-only model. This week it stuck its head above the parapet and announced that it has raised $30 million to get started on its bold plan.

Founded by Varun Dua, the man behindinsurance comparison siteCoverfox, Acko is designed as a wholly digital take on insurance in India. The company isan independent general insuranceprovider that is wholly digital.Beyond operating online and without the expense of a brick and mortar footprint, Acko is aiming to unbundle insurance in India to make it both more affordable and relevant to consumers.

India is a fairly nascent insurance market [with the same]traditional carriers that weve seen for decades, CEO Dua told TechCrunch in an interview. Acko will be the first internet-only carrier.

Taking insurance in India online

Inspired by models such as Lemonade and Oscar Health in the U.S. and Direct Line in the UK, Dua sees a huge opportunity to tap intodigital totake a shot at the current market which is estimated to be worth over $10 billion annually and reacha new segment of consumers who have been left out to date.

The system ofdistribution in India does not provide information on the user at all. Theres not enough data to underwrite accurately on a real-time basis, Duasaid. Sales are mostly offline and flat pricing, usually [insurance firms] dont know much about a customer before underwriting him.

The Acko CEObelieves his firm can offer a 30-40 percent discounton incumbents by pricing its policies more accurately by gatheringinformation and data online. Thats in addition to cost savings by operating without a physical presence.

We will probably start off taking away existing [insurance rivals] customers, he added. Its a relatively easier market because people are moving online year on year. That gives us the early pickings, [but we] will probably be launching smaller and unique products that dont exist today later.

In particular, he foresees opportunity around segment-specific insurance policies that can be sold online. That could include, for example, pregnancy insurance, or policies for ride-sharing companies. Beyond selling on the Acko website, the plan is to link arms with partners who already have relationships with consumers for example an e-commerce store selling baby items, or the ride-sharing firm itself.

In a recent report, EY forecast that Indias insurance market is poised for a strong growth despite concerns around reaching new customers:

Despite strong improvement in penetration and density in the last 10 years, India largely remains an under-penetrated market. The market today is primarily dependent on push, tax incentives and mandatory buying for sales. There is very little customer pull, which will come from growing financial awareness and increasing savings and disposable income.

Thats a majorfocus for Acko.

We want to make insurance so straightforward that consumers dont need to talk to multiple people to get advice or fill up forms. Consumers should be able to access low prices in one click based on their risk profile, and be confident that at a press of a button their claim will get paid in the fastest possible time, Dua added in a statement.

Big name backers and big plans

To get started, Acko has raised $30 million from a range of top names that include VC firms Accel, SAIF Partners and Catamaran Ventures. Its angel investors include Venk Krishnan and Subba Rao of NuVentures, Infosys co-founder Kris Gopalakrishnan, Hemendra Kothari of DSP Blackrock, founder and chairman of Hexaware Atul Nishar, and ex-investment baker and Arpwood Capital founder Rajeev Gupta.

Beyond that, Dua teased that there are undisclosed global insurance groups that own a stake of the business. Their names wont be revealed for another month or so, but their presence has helped give the startup credibility in an industry that values corporate institutions.

Acko has received an R1 license and is currently awaitingitsR2 license which has been applied for with Indiasinsurance authority. Dua anticipates that the final nod should come within three months, leaving the company ready to open its doors and launch products for consumers before the end of September this year.

The initial plan is to be active in three or four cities until Acko has shown thatthe claims pieces is something we able to control and optimize, according to Dua.

The team, which is currently around 20 people, is likely to grow to 45-50 by the year end, to help Dua hit his ambitious targets.

We believe we should do close to $40 million in premiums over first year, Dua said. On a five-year perspective, we wouldlove to reach anything from $500 million in premiums.

More From this publisher : HERE

=> *********************************************** Original Post Here: Acko is an ambitious digital play to disrupt Indias $10B insurance industry ************************************ =>

Acko is an ambitious digital play to disrupt Indias $10B insurance industry was originally posted by A 18 MOA Top News from around

[generalwombatexpert]

How to Get Hexaware Share Price NSE?

Now you can get Hexaware NSE Share Price at Planify. Just sign-up and complete your KYC. After KYC you will get updated research report with all company date like updated share price, FY report, face value, revenue growth report etc. You have also option to buy & sell unlisted shares of Hexaware at trading price. If you want to get high return from Hexaware Pre IPO then hold it for some long time.

[generalwombatexpert]

What Is Hexaware Share Price Today?

Are you going to invest in Hexaware unlisted shares and asking for today's share price. Todays' share price of Hexaware is ₹620.00 and you can also buy and sell pre ipo shares at Planify by visiting official website or download android & iOS application any time.

[generalwombatexpert]

As per my analysis report you can buy and hold Hexaware unlisted shares and there is no need to worry, because after delisting it will be list in future. You can get all information about Hexaware share price, Hexaware IPO date, Hexaware financial report on Planify. Today’s Hexaware share price is ₹615.00 per share.

[generalwombatexpert]

Get Hexaware share price and allotment live update on Planify, if you are going to buy and sell unlisted shares. There is no fix IPO date for Hexaware for Hexaware, so keep investing in unlisted shares and hold it for some long time for more profit.

[viralafeed]

TATA ELXSI at All Time High; BSE IT Index Up 0.2%

TATA ELXSI at All Time High; BSE IT Index Up 0.2%

Fri, 9 Apr 11:06 AM TATA ELXSI share price has hit an all-time high at Rs 3,092 (up 3.9%). Meanwhile, the BSE IT Index is at 28,162 (up 0.2%). Among the top gainers in the BSE IT Index today are TATA ELXSI (up 3.9%) and L&T INFOTECH (up 1.9%). HEXAWARE TECHNOLOGIES and TAKE SOLUTIONS (down 0.2%) are among the top losers today. Over the last one year, TATA ELXSI has moved up from Rs 637 to Rs…

[eqtmonline03-blog]

Sensex Opens Flat; FMCG & Bank Stocks Underperform

Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.4% while the Hang Seng is down 0.7%. The Shanghai Composite is trading down by 0.3%. Meanwhile, Wall Street's major indices fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.

Back home, India share markets have opened the day on a flat note. The BSE Sensex is trading up by 30 points while the NSE Nifty is trading up by 6 points. The BSE Mid Cap index opened up by 0.2% and BSE Small Cap index opened the day down by 0.1%.

The rupee is currently trading at 70.07 to the US$.

Sectoral indices have opened the day on a mixed note with power stocks and capital goods stocks witnessing maximum buying interest. While, FMCG stocks and bank stocks have opened the day in red.

In the news from the pharma sector. As per an article in a leading financial daily, Lupin has entered the prescription dermatology segment in Brazil with the launch of two products Fillerina and Recrexina in the country.

Fillerina is a high-end anti-aging technology that incorporates a deep action innovative formulation to fill wrinkles and expression lines. Recrexina, on the other hand, is a hair-growth formulation which stimulates natural hair growth in active and partially inactive follicles.

The dermatology segment is a rapidly growing portion of the Brazilian pharmaceutical market.

Valued at US$ 28 billion, Brazil is the world's sixth largest pharmaceutical market, driven by growing public health expenditure and increasing household income.

The dermatology segment in Brazil is worth US$ 1.5 billion and growing at 10% (CAGR) is one of the fastest growing segments in the country.

Lupin Brazil clocked sales of BRL 157 million during 2017-18 making it the largest Indian company in Brazil by volume and second largest by value.

The Mumbai-based company entered Brazil through the acquisition of Medquimica Industria Farmaceutica SA in 2015.

Speaking of Indian pharma sector, the leading therapy segments in terms of brand launches during FY13 to FY17 were dermatology, anti-infectives, cardiology, and gastroenterology. Anti-diabetics have also been growing in double-digits for the past five years.

However, with the government bringing a number of essential drugs under price control, prescription drugs are witnessing sluggish growth. Therefore, pharma companies are now focusing on the over-the-counter (OTC) medicines.

Domestic Pharma Market in a slow lane

Thus, while pricing controls keep the operating environment tough in the domestic market, pharma companies with strong brands in the OTC category are better placed to ride the slowdown.

To know more about the company, you can access to Lupin's Q1FY19 result analysis and Lupin's 2017-18 Annual Report Analysis on our website. Meanwhile, you can also check our recently released annual result analysis of BPCL, Ultratech Cement, Mindtree and Titan Co, among others.

In another development, Asia-focused private equity firm (PE) Baring Private Equity Asia is selling its stake worth almost Rs 11.2 billion in IT services company Hexaware Technologies Ltd.

Baring PE Asia currently holds a 71.3% stake in the IT company, through an entity called HT Global IT Solutions Holdings Ltd.

Reportedly, Baring is selling over 8% stake in Hexaware through a block deal. Investment bank Citi is running the transaction. The share sale is expected to fetch the PE firm a little over Rs 11 billion at a floor price of around Rs 447.5 per share. Shares will be sold to institutional investors.

The floor price of the stake sale is at an almost 10% discount to Thursday's closing price of Rs 497.7 per share, on BSE.

Meanwhile, BG Asia Pacific Holdings Pte Limited offloaded 14% equity stake in Mumbai-based city gas distribution company Mahanagar Gas through open market transactions on Thursday.

The stock price closed at Rs 840.3 on the BSE, down 6.6% from previous close.

Speaking of bulk & block deals, our team of Equitymaster analysts have been working on a project to track the smartest minds in value investing. They have compiled a special report on them, called The Superinvestors of India.

Now, because of insights from these interactions, the team has glued their eyes on insider activity and bulk and block deals...

As per them...

"The three approaches - tracking superinvestor shareholdings, catching these moves early through bulk and block deal disclosures, and keeping tabs on changes in promoter holdings - have unveiled some critical smart money secrets..."

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

You can now also listen to our Indian Stock Market Wrapup. Just visit SoundCloud, iTunes or Stitcher and access our free weekly podcast. Happy listening!

This article was originally published in English at www.equitymaster.com

Read the complete Indian stock market update. For the terms of use, go here.

[eqtmonline03-blog]

VIP INDUSTRIES at 52 Week High; BSE 500 Index Flat

VIP INDUSTRIES share price has hit a 52-week high at Rs 483 (up 2.8%).

Meanwhile, the BSE 500 Index is at 15,034 (up 0.2%).

Among the top gainers in the BSE 500 Index today are VIP INDUSTRIES (up 2.8%) and RELIANCE COMMUNICATIONS (up 9.5%)

SYMPHONY LTD (down 15.9%) and HEXAWARE TECHNOLOGIES (down 5.6%) are among the top losers today.

Over the last one year, VIP INDUSTRIES has moved up from Rs 178 to Rs 483, registering a gain of Rs 305 (up 170.85%).

The BSE 500 has moved up from 13,763 to 15,034, registering a gain of 1,271 points (up 9.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 715.2%), GRAPHITE INDIA (up 397.4%) and RADICO KHAITAN (up 212.8%).

What About the Benchmark Indices?

The BSE Sensex is at 36,928 (up 0.0%). The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 2.0%), HERO MOTOCORP (up 1.6%) and ADANI PORTS & SEZ (up 1.6%). Other gainers include TATA STEEL (up 1.1%) and TATA MOTORS DVR (up 1.1%). The most traded stocks in the BSE Sensex are VEDANTA LTD and SBI.

In the meantime, NSE Nifty is at 11,153 (down 0.1%). BAJAJ FINSERV (up 2.9%) and INDIABULLS HOU. FIN. (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,246 to 36,928, registering a gain of 4,682 points (up 14.3%).

VIP INDUSTRIES Financial Update...

VIP INDUSTRIES net profit grew 30.3% YoY to Rs 350 million for the quarter ended March 2018, compared to a profit of Rs 269 million a year ago. Net Sales rose 7.3% to Rs 3.6 billion during the period as against Rs 3.4 billion in January-March 2017.

For the year ended March 2018, VIP INDUSTRIES reported 48.8% increase in net profit to Rs 1.3 billion compared to net profit of Rs 852.0 million during FY17.

Revenue of the company grew 10.4% to Rs 14 billion during FY18.

The current Price to earnings ratio of VIP INDUSTRIES, based on rolling 12 month earnings, stands at 53.8x.

This article was originally published in English at www.equitymaster.com

Read the complete Indian stock market update. For the terms of use, go here.