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Hexaware Technologies, leading global provider of IT and consulting<br>services, incorporated in 20th November of the time 1992 as a public<br>limited Company. (Visit: - Hexaware Technologies Share Price)
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Some Great Tips About Hexaware Technologies Before Buying and Selling It’s Shares ABOUT HEXAWARE •Hexaware Technologies, leading global provider of IT and consulting services, incorporated in 20th November of the time 1992 as a public limited Company. (Visit: - Hexaware Technologies Share Price) •It's one of the fastest growing coming- generation providers of IT and consulting services. It serves guests in over two dozen languages, in every major time and nonsupervisory zones. •The company’s profit from operations has been increased from INR Cr. in 2019 to INR Cr. in the time 2020, showcased a growth rate of12.2. •Crucial customer base of the company includes banking and finance sector, health and insurance sector, trip and transportation sector, hi- tech and professional services and manufacturing sector. •The countries that the company is serving in are India, Canada, Belgium, Argentina, Mexico, US, Poland, Russia, UK, Norway, Denmark, France, Estonia, Finland, Ireland, Germany, Latvia, Netherlands, South Africa,
Spain, Sweden, Switzerland, Australia, China, Dubai, Hongkong, Japan, Philippines, Saudi Arabia, Singa- severance. •It had an aggregate of 37 services in 2020 scattered each over the world with workers. •It has recorded a total profit of INR Cr. and INR Cr. of EBITDA in FY 20. •The company entered a offer from the Protagonist dated June 4, 2020, wherein the Protagonist expressed its intention to make a voluntary delisting offer, to acquire all the Equity Shares that are held by the Public Shareholders; and accordingly freely enlist the equity Shares from the stock exchanges, BSE Ltd and National Stock Exchange of India Limited. •The main ideal of the Delisting offer was for the Promot-er to gain full power of the Company which will in turn give increased functional inflexibility to support the company’s business. The delisting will also help in cost savings and al-low the operation to devote further time to concentrate on company’s business. •The letter of offer was transferred to shareholders to give the shares under rear book structure process. The promoters along with protagonist group reality successfully acquired further than 90 shareholdings of the company (including their being holding in the company) at the discovered price of 475/-. After seeking final delisting blessing from BSE and NSE, shares of the company were excludedw.e.f. November 9, 2020. The promoters transferred exit offer document to residual public shareholders to give their shares to Promoters at exit price of 475 till November 8, 2021.( Hexaware Technologies Key Ratio) Hexaware Industry Overview •The IT industry accounted for 8% of India’s GDP in 2020 and expected to contribute 10% to India’s GDP by 2025. •The IT industry has also created significant demand in the Indian education sector, especially for engineering and computer science.
•In India, IT and ITES industry is divided into four major segments – IT services, business process management (BPM), software products and engineering services, and hardware. Market size: •India is the leading sourcing destination across the world, ac- counting for approximately 55.0% market share of the INR 1,465 Cr.-1,831 Cr. global services sourcing business in 2019-20. •Exports from the Indian IT industry are expected to in-crease by 1.9% to reach INR 10,98,732 Cr. in FY21. In 2020, the IT industry recorded 1,38,000 new hires. •The IT & BPM industry’s revenue is estimated at ~INR 14,20,706 Cr. in FY21, an increase of 2.3% YoY. The domes-tic revenue of the IT industry is estimated at INR 3,29,545 Cr. and export revenue is estimated at INR 10,98,484 Cr. in FY21. •Indian software product industry is expected to reach INR 7,32,113 Cr. by 2025. •The market is expected to reach ~ INR 51,247 Cr. by 2030 due to accelerated domestic demand for AI Investment scenarios: •The sector ranked 2nd in FDI inflows as per the data released by Department for Promotion of Industry and Internal Trade (DPIIT). •Indian IT's core competencies and strengths have attracted significant investment from major countries. The computer software and hardware sector in India attracted cumulative foreign direct investment (FDI) inflows worth INR 4,57,681 Cr. between April 2000 and September 2020. Visit for more: - Hexaware Technologies