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Hexaware Technologies' Rs 8,750 crore IPO subscribed 15% on day two

Business Standard LogoBusiness Standard5h ago

Hexaware Technologies' Rs 8,750 crore IPO subscribed 15% on day two - Business Standard

Quick Summary:

Bulk of the bids so far have come from institutional investors.

It has a healthy cash balance of Rs 1,346 crore as of September 2024.

We recommend subscribing to the issue at the cut-off price with a long-term investment horizon,” SBI Securities has said in a note.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 17:49:31 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26117128

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 276 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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