Trade in Hexaware Tech and Polaris after results, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, “Hexaware Tech is bottoming out. It had been suggested as a buy after a long time some days ago also and the same for Polaris. We had these big moves in Polaris, but that is something that is unavoidable, because midcap IT suddenly took off. If somebody has the courage then takes the trade after results, not before.”
On Jan 21, Hexaware Technologies closed at Rs 90.45, up Rs 1.45, or 1.63%. It has touched an intraday high of Rs 91.25 and an intraday low of Rs 88.25.
It trades 36.3% below its 52-week high and 12.5% above its 52-week low. Market capitalisation stands at Rs 2,682.25 crore.
Sukhani told CNBC-TV18, “Hexaware Tech is bottoming out. It had been suggested as a buy after a long time some days ago also and the same for Polaris. We had these big moves in Polaris, but that is something that is unavoidable, because midcap IT suddenly took off. If somebody has the courage then takes the trade after results, not before.”
On Jan 21, Hexaware Technologies closed at Rs 90.45, up Rs 1.45, or 1.63%. It has touched an intraday high of Rs 91.25 and an intraday low of Rs 88.25.
It trades 36.3% below its 52-week high and 12.5% above its 52-week low. Market capitalisation stands at Rs 2,682.25 crore.
