Shardul Kulkarni of Angel Broking has maintained its buy rating on Hexaware Technologies Limited stock with a target of Rs 92.

The interested investors can buy the stock with a strict stop loss of Rs 76.50.

The stock of the company, on Oct 08, closed at Rs 82.60 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 82.60 and a low of Rs 65.10 on BSE.

Current EPS & P/E ratio stood at 11.27 and 7.50 respectively.

Hexaware Technologies stated that it has increased its earning guidance to $60 million for the three month period ended December 31, 2010, on account of meliorating order pipeline.

Software services firm, which had previous estimation of $58 million and $59 million for third quarter, has also exceeded its yearly headcount addition guidance of 1,000.

Hexaware Technologies Chairman Atul Nishar stated, "With the enhanced revenue visibility on account of the large deals secured in Q2 2010 and the improving quality of the deal pipeline, we have surpassed the annual guidance of net addition of 1,000 employees in just eight months."

Hexaware has hired 1,115 people in the subsisting year, which has raised its worldwide head count to 6,252 as of August 2010.