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Hexaware beats forecasts, shares jump
Software services provider Hexaware Technologies reported a stronger-than-expected fourth-quarter profit and forecast "above-industry revenue growth" for the medium term, sending its shares up as much as 12 percent. Hexaware said its net profit rose to 882.5 million rupees in the three months ended December 31 from 396 million rupees a year earlier. Analysts had expected a profit of 697.8 million