Motilal Oswal reiterates a 'Buy' rating on Hexaware Technologies with a target price of ₹720, implying a 35% upside. The positive stance is based on Hexaware's AI strategy, including 'Zero License' and tokenomics, and expectations of delayed rather than lost growth. The brokerage forecasts 6.4% constant-currency revenue growth in CY26 and 9.7% in CY27, driven by improving execution and AI-led opportunities.

Motilal Oswal Analysis’s track record: 6 graded calls · 95% CI 19–81%

Hexaware TechnologiesBullishCalled 24 Aug 2026
Verdict:PENDING

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