# HEXT (HEXT) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/hext

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹524.75
- Change: -0.32%
- As of: 2026-09-18
- 1D return: -0.36%
- 5D return: +4.29%
- 1M return: -3.61%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹524.55, with a predominantly bearish technical stance across daily and weekly timeframes, while the monthly view shows a bullish trend.

Daily indicators suggest a bearish trend, with the price below key moving averages like the 20-day EMA (₹530.48) and the 50-day SMA (₹551.50), and the Supertrend indicator also signaling bearishness. This is accompanied by a Doji pattern, indicating indecision. On the weekly chart, the price is also below its 20-day EMA (₹534.70) and 50-day EMA (₹579.80), with the Supertrend pointing bearishly. However, the monthly timeframe presents a conflicting bullish signal from the Supertrend, despite the price being below its 20-day EMA (₹622.22).

The nearest support level is identified at ₹523.18, a pivot point approximately 0.26% below the current price. Resistance is observed at ₹531.27, about 1.28% higher. The stock's current setup carries risk, evidenced by an annualized volatility of 39% and a maximum drawdown of -54%. An unusual upward price move of 4% was noted on September 15, 2026.

Key conditions to watch include a break above the nearest resistance at ₹531.27, which could signal a shift in short-term sentiment. Conversely, a move below the support level of ₹523.18 could reinforce the bearish trend. The divergence between the short-term bearish signals and the long-term monthly bullish Supertrend warrants close observation.

- Current price on September 18, 2026: ₹524.55.
- Nearest support level: ₹523.18.
- Nearest resistance level: ₹531.27.
- Daily and weekly timeframes show bearish trends, while the monthly timeframe indicates a bullish trend.
- Watch for a sustained move above ₹531.27 or a break below ₹523.18 for potential trend confirmation.

- Inside Bar
- Doji
- Morning Star

### News Context

Hexaware Technologies received recognition as one of TIME's World's Best Companies 2026, as reported on September 17, 2026. This acknowledgment highlights the company's standing on a global scale. Earlier in the week, on September 15, 2026, Hexaware shares saw a 6% increase following news of a collaboration focused on AI agents. This development is linked to advancements in agentic AI and the broader Internet of AI Agents ecosystem, including contributions to open-source AI and AI infrastructure.

In broader market context, a September 16, 2026 report noted that while Artificial Intelligence is reshaping India's IT services industry, growth has slowed across much of the sector in FY26. The same report highlighted that CEO compensation at several leading IT companies has risen significantly over the past two years, contrasting with struggling stock performance in some cases. Indian markets experienced a decline of over 1% on September 14, 2026, pressured by factors including surging oil prices, rising bond yields, global uncertainty, and foreign outflows, with a significant number of NSE stocks declining.

- On September 17, 2026, Hexaware Technologies was recognized among TIME's World's Best Companies 2026.
- Hexaware shares gained 6% on September 15, 2026, due to a collaboration on AI agents, impacting agentic AI and open-source AI initiatives.
- A September 16, 2026 report indicated slowing growth in India's IT services sector in FY26, despite AI's reshaping influence.
- The same September 16, 2026 report highlighted significant increases in CEO compensation at leading IT firms over the past two years, alongside struggling stock performance.
- Indian markets saw a decline of over 1% on September 14, 2026, influenced by rising oil prices, bond yields, global uncertainty, and foreign outflows.

- Hexaware Recognized Among TIME's World's Best Companies 2026
- IT CEOs’ pay soars, but stocks struggle: Numbers behind India’s tech giants
- Ahead of Market: 10 things that will decide stock market action on Wednesday
- Hexaware shares gain 6% amid collaboration on AI agents; key details

### What Changed

As of September 18, 2026, Hexaware Technologies (HEXT) on the NSE experienced a slight price decrease, closing at ₹524.55 compared to its previous price of ₹526.45. The available evidence does not indicate any new filings or news developments for the company. The company's profile and listing on the NSE remain unchanged from the prior context.

- On September 18, 2026, HEXT's closing price was ₹524.55, down from ₹526.45.
- No new filings were reported for HEXT as of September 18, 2026.
- No new news developments were reported for HEXT as of September 18, 2026.
- Hexaware Technologies continues to be listed on the NSE.

### Official Filings

Hexaware Technologies Limited has announced significant leadership changes and is seeking shareholder approval for new employee stock plans. On September 2, 2026, the company announced the appointment of Vivek Jetley as CEO Designate, effective October 28, 2026. He will succeed Srikrishna Ramakarthikeyan, who is stepping down as CEO and Board member on the same date but will remain as Senior Advisor. Concurrently, the company is seeking shareholder approval via postal ballot for the creation of a new Restricted Stock Unit Plan 2026 (RSU Plan) and amendments to its existing Employee Stock Option Plan 2024. The RSU Plan proposes up to 2,000,000 RSUs, with each RSU convertible into one equity share. The existing ESOP Plan 2024 amendment seeks to increase its pool by 17,500,000 options. Shareholder voting for these proposals is open from September 10, 2026, to October 9, 2026. Additionally, Hexaware was recognized on TIME's World's Best Companies 2026 list on September 17, 2026, an evaluation based on employee satisfaction, revenue growth, and sustainability transparency. The company is also scheduled to participate in the J.P. Morgan 10th Annual India Conference on September 21, 2026.

- On September 2, 2026, Hexaware Technologies announced Vivek Jetley's appointment as CEO Designate, effective October 28, 2026, succeeding Srikrishna Ramakarthikeyan.
- Shareholder approval is being sought via postal ballot for a new Restricted Stock Unit Plan 2026 (up to 2,000,000 RSUs) and an increase of 17,500,000 options to the Employee Stock Option Plan 2024.
- The remote e-voting period for shareholder approval runs from September 10, 2026, to October 9, 2026.
- On September 17, 2026, Hexaware Technologies was named to TIME's World's Best Companies 2026 list.
- The company is scheduled to participate in the J.P. Morgan 10th Annual India Conference on September 21, 2026.

- Hexaware Technologies Limited has informed the Exchange regarding 'Press Release'. |SUBJECT: Updates
- Hexaware Technologies Limited has informed the Exchange regarding 'Press Release'. |SUBJECT: Updates
- Hexaware Technologies Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Hexaware Technologies Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Hexaware Technologies Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting
- HEXAWARE TECHNOLOGIES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL
- HEXAWARE TECHNOLOGIES LIMITED has informed the Exchange about Options to purchase securities ESOPS (Sub-para 10-Para B) |SUBJECT: Options to purchase securities ESOPS (Sub-para 10-Para B)
- Hexaware Technologies Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- HEXAWARE TECHNOLOGIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Hexaware Technologies Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "Hexaware Appoints Vivek Jetley as CEO Designate to Lead its Next Phase of AI-Led Growth". |SUBJECT: Press Release

### Fundamentals

Hexaware Technologies reported a sequential increase in revenue from operations, rising to ₹3,478.20 crore in Q3 FY2025-26 and further to ₹3,613 crore in Q4 FY2025-26, with a projection of ₹3,845.20 crore for Q1 FY2026-27. Profit Before Tax (PBT) also showed a sequential increase from ₹325.50 crore in Q3 FY2025-26 to ₹472.80 crore in Q4 FY2025-26, though it is projected to decrease to ₹440.70 crore in Q1 FY2026-27. The company's operating profit margin (OPM) was 16.0% in Q4 FY2025-26, consistent with the previous quarter's projection of 16.0% and the projected 16.0% for Q1 FY2026-27. Net profit followed a similar trend to PBT, increasing sequentially to ₹448.90 crore in Q4 FY2025-26 from ₹355.20 crore in Q3 FY2025-26, with a projected decrease to ₹427.10 crore in Q1 FY2026-27. The company's financial health shows a significant increase in borrowings from ₹394 crore in December 2023 to ₹574 crore in December 2024, and a projected rise to ₹681 crore by December 2025. This increase in debt is accompanied by a rise in fixed assets and other assets, suggesting ongoing investment. The company's cash flow from operations has been robust, with ₹1,516 crore in December 2023 and projected figures of ₹1,548 crore for December 2024 and ₹1,739 crore for December 2025. Free cash flow has also remained strong, indicating the company's ability to generate cash after capital expenditures. The working capital days have turned negative, moving from 0.0 days in December 2023 to -9.0 days in December 2024, suggesting efficient management of working capital. Key areas to monitor include the trend in borrowings and their impact on finance costs, as well as the sustainability of operating profit margins amidst revenue growth.

- Revenue from operations increased sequentially to ₹3,613 crore in Q4 FY2025-26, with a projection of ₹3,845.20 crore for Q1 FY2026-27.
- Profit Before Tax (PBT) rose sequentially to ₹472.80 crore in Q4 FY2025-26, but is projected to decrease to ₹440.70 crore in Q1 FY2026-27.
- Operating Profit Margin (OPM) stood at 16.0% in Q4 FY2025-26 and is projected to remain at 16.0% for Q1 FY2026-27.
- Borrowings increased to ₹574 crore in December 2024 and are projected to reach ₹681 crore by December 2025.
- Working Capital Days turned negative, reaching -9.0 days in December 2024, indicating efficient working capital management.

### Bull Case

Hexaware Technologies has demonstrated consistent growth in its sales and profits over the longer term. The company's compounded sales growth over five years stands at 16%, with a compounded profit growth of 18% over the same period. More recently, the trailing twelve months (TTM) show a compounded sales growth of 13% and a compounded profit growth of 7%. The company's balance sheet shows an increase in Fixed Assets from ₹2,038 crore in December 2019 to ₹2,478 crore in December 2020, alongside a rise in Other Assets from ₹2,042 crore to ₹2,649 crore during the same period. Reserves have also grown from ₹2,706 crore to ₹3,176 crore. Operationally, Cash Flow from Operating Activities increased from ₹549 crore in December 2018 to ₹596 crore in December 2019. Free Cash Flow was ₹467 crore in December 2019, down from ₹488 crore in December 2018. The company's borrowings increased from ₹143 crore in December 2019 to ₹236 crore in December 2020, while CWIP decreased significantly from ₹86 crore to ₹10 crore.

- Compounded sales growth over 5 years was 16% and compounded profit growth was 18%.
- TTM compounded sales growth was 13% and compounded profit growth was 7%.
- Fixed Assets increased from ₹2,038 crore (Dec 2019) to ₹2,478 crore (Dec 2020).
- Reserves grew from ₹2,706 crore (Dec 2019) to ₹3,176 crore (Dec 2020).
- Cash Flow from Operating Activities increased to ₹596 crore in Dec 2019 from ₹549 crore in Dec 2018.

- Hexaware Recognized Among TIME's World's Best Companies 2026
- IT CEOs’ pay soars, but stocks struggle: Numbers behind India’s tech giants
- Ahead of Market: 10 things that will decide stock market action on Wednesday
- Hexaware shares gain 6% amid collaboration on AI agents; key details

### Bear Case

Hexaware Technologies' balance sheet shows an increase in borrowings from ₹143 crore in December 2019 to ₹236 crore in December 2020. Concurrently, Construction Work in Progress (CWIP) decreased significantly from ₹86 crore to ₹10 crore over the same period. While fixed assets have grown, the company's cash flow from investing activities saw a substantial increase in outflows from ₹8 crore in December 2018 to ₹1001 crore in December 2019, contributing to a net cash flow decrease from ₹290 crore to -₹573 crore. The company's technical indicators suggest a bearish trend on a daily and weekly basis, with the Supertrend indicator pointing downwards and the 20-day Exponential Moving Average (EMA) showing a negative slope.

- Borrowings increased from ₹143 crore (Dec 2019) to ₹236 crore (Dec 2020).
- CWIP decreased from ₹86 crore (Dec 2019) to ₹10 crore (Dec 2020).
- Cash from investing activities increased outflow from ₹8 crore (Dec 2018) to ₹1001 crore (Dec 2019).
- Net cash flow decreased from ₹290 crore (Dec 2018) to -₹573 crore (Dec 2019).
- Daily and weekly Supertrend indicators are in a bearish direction as of September 18, 2026.

- Hexaware Recognized Among TIME's World's Best Companies 2026
- IT CEOs’ pay soars, but stocks struggle: Numbers behind India’s tech giants
- Ahead of Market: 10 things that will decide stock market action on Wednesday
- Hexaware shares gain 6% amid collaboration on AI agents; key details

### FAQs

**What has been the trend in Hexaware Technologies' borrowings and fixed assets?**

Between December 2019 and December 2020, Hexaware Technologies' borrowings increased from ₹143 to ₹236. Over the same period, its fixed assets grew from ₹2,038 to ₹2,478. The company's total assets also increased from ₹4,169 in December 2019 to ₹5,138 in December 2020.

**How has Hexaware Technologies' profitability and sales growth trended recently?**

In the Trailing Twelve Months (TTM) period, Hexaware Technologies has shown a 7% compounded profit growth and a 13% compounded sales growth. Over a 5-year period, the company has achieved a 18% compounded profit growth and a 16% compounded sales growth.

**What recent news or announcements might be relevant for investors to monitor?**

Hexaware Technologies was recognized among TIME's World's Best Companies 2026, as announced on September 17, 2026. The company also announced its participation in the J.P. Morgan 10th Annual India Conference on September 21, 2026. Additionally, news on September 15, 2026, highlighted Hexaware shares gaining 6% amid collaboration on AI agents.

**What are the key technical indicators for Hexaware Technologies as of September 18, 2026?**

On a daily basis, Hexaware Technologies' technical indicators suggest a bearish trend, with the Supertrend indicator at ₹547.1 and the 20-day Exponential Moving Average (EMA) at ₹530.48. However, on a monthly timeframe, the Supertrend indicator is ₹364.49, indicating a bullish trend. The stock's closing price on September 18, 2026, was ₹524.55. Key support levels are observed around ₹523.18 and ₹521.12, while resistance is noted near ₹531.27 and ₹536.08.

- Hexaware Recognized Among TIME's World's Best Companies 2026
- IT CEOs’ pay soars, but stocks struggle: Numbers behind India’s tech giants
- Ahead of Market: 10 things that will decide stock market action on Wednesday
- Hexaware shares gain 6% amid collaboration on AI agents; key details
- Hexaware Technologies Limited has informed the Exchange regarding 'Press Release'. |SUBJECT: Updates
- Hexaware Technologies Limited has informed the Exchange regarding 'Press Release'. |SUBJECT: Updates
- Hexaware Technologies Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Hexaware Technologies Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Hexaware Technologies Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹523.18
- Risk regime: Higher Price Risk

### Support levels
- 521.125
- 495.6
- 481.2

### Resistance levels
- 550.65
- 564.8
- 578.45

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.36% |
| return_10 | -0.86% |
| return_1m | -5.10% |
| return_1y | -31.85% |
| return_20 | -3.61% |
| return_3m | +6.40% |
| return_5 | +4.29% |
| return_6m | +20.10% |
| return_since_start | -31.21% |
| return_ytd | -30.80% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -54.32% |
| annualized_volatility | +38.99% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Growth Accelerates While Profit Declines on Higher Finance Costs and a Negative Other Income

Hexaware Technologies Limited reported results for the half-year ended 30 June 2026. During the June quarter, revenue accelerated to a five-quarter high, but pre-tax profit fell as finance costs rose and other income turned negative. The quarter highlights a divergence between top-line momentum and bottom-line pressure, with margin compression driven by rising interest expenses and a negative non-operating income item.

## Revenue Growth Continues to Strengthen

Revenue from operations reached ₹3,845.20 crore in the quarter ended 30 June 2026, up 6.43% from the preceding quarter and 17.93% higher than the same quarter last year. This marks the highest quarterly revenue in the five-quarter series. The sequential growth rate of 6.43% is the second fastest in the period, following a 6.84% increase in the second quarter. Revenue has trended upward across all five reported quarters, with only a minor dip in the third quarter. Segment revenue matches consolidated revenue, confirming that reported performance aligns with business-line results.

## Profitability Declines Despite Higher Revenue

Profit before tax was ₹440.70 crore, down 6.79% from the prior quarter and 5.89% lower than the year-ago quarter. The profit before tax margin fell to 11.46% of revenue, compared with 13.09% in the prior quarter and 14.36% in the same quarter last year. While the margin remains above the 9.36% recorded in the third quarter, the current compression reflects the impact of rising costs and negative non-operating income.

Two visible factors contributed to the profit decline. Finance costs reached ₹32.80 crore, up 13.10% sequentially and 56.94% year-on-year. As a share of revenue, finance costs increased from 0.64% a year ago to 0.85% in the current quarter. Other income was reported as a negative ₹50.10 crore, acting as a direct headwind to pre-tax profit. The combination of higher interest expenses and a negative other income line offset the revenue growth, leading to the sequential and year-on-year decline in profit before tax.

## Operating Costs and Earnings Per Share

Employee benefit expense was ₹2,266.40 crore, representing 58.9% of revenue. Depreciation, depletion, and amortisation expense was ₹81.70 crore. Other expenses totalled ₹973.50 crore, up from ₹896.50 crore in the prior quarter but below the ₹1,060 crore recorded in the third quarter. Basic earnings per share fell to ₹5.41 from ₹5.77 in the prior quarter, while diluted earnings per share declined to ₹5.38 from ₹5.71.

## Comprehensive Income and Earnings Per Share

Comprehensive income for the period was ₹427.10 crore, down 4.86% from the prior quarter but up 3.51% from the year-ago quarter. The sequential decline in comprehensive income was smaller than the drop in profit before tax, as other comprehensive income remained relatively stable at ₹96.90 crore. Year-on-year, comprehensive income increased despite the profit before tax decline, driven by a substantial rise in other comprehensive income to ₹96.90 crore from ₹32.90 crore a year ago.

## Management Commentary

Management reported Q2CY26 revenue of USD 405.4 Mn (+4.4% QoQ, +6.1% YoY) and EBIT margin of 13.6% (+68 bps QoQ). CEO R. Srikrishna highlighted strong growth in a challenging quarter, with AI Labs innovating at speed and launching one new offering per month. CFO Vikash Jain noted the first ERP go-live quarter, margin expansion, and robust cash conversion. However, management reduced CY26 revenue guidance to 6-7% due to a narrowed pathway from deal ramp delays and worsening macro, while reiterating EBIT margin guidance of 13.0%-14.0%. Key growth drivers include verticals like Healthcare & Insurance, Banking, and Manufacturing & Consumer, with Asia Pacific leading geographically. The AI pivot includes Zero License deals and a new AI Partner deal category, though risks from macro uncertainty and technological disruption remain.

## Key Takeaway

Hexaware’s June quarter shows a clear split: revenue growth is accelerating and reaching new highs, but profitability is under pressure from rising finance costs and a negative other income line. The profit before tax margin fell to 11.46%, down from 13.09% in the prior quarter and 14.36% a year ago, though it remains above the 9.36% recorded in the third quarter. The sustainability of revenue growth and the trajectory of finance costs will be critical to watch in coming quarters.

### Ratios

## Official filings

- 2026-09-17 — Press Release: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_17092026124226_Press_Release.pdf)
- 2026-09-15 — Press Release: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_15092026090415_Press_Release.pdf)
- 2026-09-15 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_15092026143536_IntimationofInvestormeet.pdf)
- 2026-09-15 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24447_WebXMLFile_20260915_145308396.xml)
- 2026-09-09 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_09092026224931_Notice.pdf)
- 2026-09-09 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_24447_WebXMLFile_20260909_225346323.xml)
- 2026-09-03 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24447_WebXMLFile_20260903_162142318.xml)
- 2026-09-03 — Management Change: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXT_ROID_97846_KMP_Doc.zip)
- 2026-09-03 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_24447_WebXMLFile_20260903_181945638.xml)
- 2026-09-02 — Press Release: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_02092026185602_Press_Release.pdf)
- 2026-09-02 — Management Change: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_02092026184232_Intimation_of_appointment_of_CEO.pdf)
- 2026-09-02 — Management Change: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_02092026183321_Intimation_of_change_in_KMP.pdf)
- 2026-09-02 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_02092026190935_intimation_of_amendments_in_ESOP_and_RSU.pdf)
- 2026-09-01 — Press Release: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_01092026115835_Press_Release.pdf)
- 2026-08-28 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_28082026220624_Intimation_of_Newspaper_notice.pdf)
- 2026-08-25 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_25082026115659_PR_Final_Ashoka.pdf)
- 2026-08-21 — Earnings Presentation: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_21082026100248_Intimation_of_AI_DAY_Presentation.pdf)
- 2026-08-19 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_19082026173929_intimation_to_exchange.pdf)
- 2026-08-19 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_19082026174731_Final_PR_Vulnerability.pdf)
- 2026-08-18 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24447_WebXMLFile_20260818_181203251.xml)
- 2026-08-17 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_17082026173402_Final_To_Upload.pdf)
- 2026-08-13 — Generic Announcement: Hexaware Technologies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_13082026102404_Final_PR_UpGrad.pdf)
- 2026-08-06 — Generic Announcement: Hexaware Technologies announced on August 6, 2026, its membership in the Microsoft Intelligent Security Association (MISA). This membership recognizes Hexaware's integrated security solution for Microsoft Azure & Microsoft 365, which is listed on the Microsoft Marketplace and helps clients accelerate Zero Trust adoption. The solution leverages Microsoft Security technology and Hexaware's Tensai® Security Ops frameworks for comprehensive security assessment and threat response. — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_06082026103445_Final_MISA.pdf)
- 2026-08-06 — Generic Announcement: Hexaware Technologies Limited will host its AI Day on August 21, 2026, in Chennai. The event is scheduled to take place in-person from 10:00 AM to 5:00 PM IST. — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_06082026215203_AI_Day.pdf)
- 2026-08-05 — Generic Announcement: Hexaware Technologies Limited will participate in the Nuvama India Investor Conference 2026 in Singapore on August 12, 2026. The company's participation includes group meetings and one-on-one interactions as part of its investor engagement practices. This information will be available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/HEXAWARETECH_05082026160216_Intimation_Investor_Conference_2026.pdf)

## News and market events

- 2026-09-17 — The Hindu: **Hexaware Recognized Among TIME's World's Best Companies 2026** — Hexaware Recognized Among TIME's World's Best Companies 2026 — [Source](https://www.thehindubusinessline.com/brandhub/pr-release/hexaware-recognized-among-times-worlds-best-companies-2026/article71475975.ece)
- 2026-09-17 — The Hindu: **Hexaware Recognized Among TIME's World's Best Companies 2026** — Hexaware Recognized Among TIME's World's Best Companies 2026 — [Source](https://www.thehindu.com/brandhub/pr-release/hexaware-recognized-among-times-worlds-best-companies-2026/article71475972.ece)
- 2026-09-16 — CNBC-TV18: **IT CEOs’ pay soars, but stocks struggle: Numbers behind India’s tech giants** — Artificial intelligence is reshaping India’s IT services industry, with growth slowing sharply across much of the sector in FY26. At the same time, CEO compensation at several leading IT companies including Infosys, TCS, Wipro and others, has risen significantly over the past two years. Here’s how CEO pay, revenue growth and stock performance compare. — [Source](https://www.cnbctv18.com/photos/market/it-ceos-pay-soars-but-stocks-struggle-numbers-behind-indias-tech-giants-tcs-hcltech-persistent-mphasis-wipro-19991721.htm)
- 2026-09-15 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Wednesday** — Indian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yields, global uncertainty and foreign outflows pressured sentiment. Nifty breached 23,231 support, while 2,824 NSE stocks declined, signalling strong bearish market breadth. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-wednesday/articleshow/134268234.cms)
- 2026-09-15 — BUSINESSTODAY: **Hexaware shares gain 6% amid collaboration on AI agents; key details** — Hexaware Technologies, Hexaware Technologies shares, Hexaware stock, Project NANDA Fellowship, AI agents, agentic AI, Internet of AI Agents, open-source AI, Hexaware AI, Zerovity, AI infrastructure, shares today, stock today, shares news today, Hexaware Tech shares, Hexaware Tech — [Source](https://www.businesstoday.in/markets/stocks/story/hexaware-shares-gain-6-amid-collaboration-on-ai-agents-key-details-555519-2026-09-15)
- 2026-09-15 — The Hindu: **Hexaware Collaborates on Project NANDA Fellowship to Build the Future of AI Agents** — Hexaware Collaborates on Project NANDA Fellowship to Build the Future of AI Agents — [Source](https://www.thehindubusinessline.com/brandhub/pr-release/hexaware-collaborates-on-project-nanda-fellowship-to-build-the-future-of-ai-agents/article71466911.ece)
- 2026-09-15 — The Hindu: **Hexaware Collaborates on Project NANDA Fellowship to Build the Future of AI Agents** — Hexaware Collaborates on Project NANDA Fellowship to Build the Future of AI Agents — [Source](https://www.thehindu.com/brandhub/pr-release/hexaware-collaborates-on-project-nanda-fellowship-to-build-the-future-of-ai-agents/article71466908.ece)
- 2026-09-15 — MONEYCONTROL: **HCL Tech, TCS, Infosys jump 5-7% as AI slowdown calls lift IT stocks; Nifty IT surges nearly 5%** — nifty it today, it stocks jump — [Source](https://www.moneycontrol.com/news/business/markets/hcl-tech-tcs-infosys-jump-5-7-as-ai-slowdown-calls-lift-it-stocks-nifty-it-surges-nearly-5-14029943.html)
- 2026-09-11 — Economic Times: **Motilal Oswal Digital India Fund NAV jumps 10% in five days. What’s driving the rally?** — Motilal Oswal Digital India Funds NAV rose over 5% in five days, helped by its sizeable ESDS Software holding. The stocks sharp post-listing rally has boosted the thematic fund, highlighting how concentrated positions can amplify NAV gains and volatility. — [Source](https://economictimes.indiatimes.com/mf/mf-news/motilaloswaldigitalindiafundnavjumps10-in-fivedays-whats-driving-the-rally/articleshow/134058877.cms)
- 2026-09-03 — The Hindu: **Hexaware shares fall 4% after CEO Srikrishna resigns** — Global brokerage HSBC maintains hold rating on stock at target price of ₹575 — [Source](https://www.thehindubusinessline.com/markets/hexaware-shares-fall-4-after-ceo-srikrishna-resigns/article71422707.ece)
- 2026-09-03 — Mint: **Meet Vivek Jetley, the new CEO of Hexaware Technologies: Know all about his education and career | Company Business News** — EXL executive Vivek Jetley will succeed Srikrishna Ramakarthikeyan as the Chief Executive Officer (CEO) of Hexaware Technologies Ltd, the company announced on Wednesday. — [Source](https://www.livemint.com/companies/people/meet-vivek-jetley-the-new-ceo-of-hexaware-technologies-know-all-about-his-education-and-career-11788415111566.html)
- 2026-09-03 — Mint: **Hexaware Technologies share price falls 4% - here's why** — Hexaware Technologies share price opened at  ₹538 per share on NSE today, as compared to previous close of  ₹543.60 on Wednesday. — [Source](https://www.livemint.com/market/stock-market-news/hexaware-technologies-share-price-falls-4-heres-why-11788411526481.html)
- 2026-09-03 — BUSINESSTODAY: **Hexaware Technologies shares tank 4% after CEO steps down** — Hexaware share, Hexaware share price, Hexaware share price today, Hexaware CEO, Hexaware CEO resigned, hexaware tech share, hexaware tech share price, hexaware tech share price today — [Source](https://www.businesstoday.in/markets/stocks/story/hexaware-technologies-shares-tank-4-percent-after-ceo-steps-down-553035-2026-09-03)
- 2026-09-03 — BUSINESS: **Stock Alert: Hexaware Tech, HUDCO, Power Grid, Page Industries** — Shares of LIC Housing Finance and SAIL are banned from F&O trading on 3 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-hexaware-tech-hudco-power-grid-page-industries-126090300127_1.html)
- 2026-09-03 — BUSINESSTODAY: **Hexaware Tech shares in focus as CEO resigns; read full resignation letter** — Hexaware share, Hexaware share price, Hexaware share price today, Hexaware CEO, Hexaware CEO resigned, hexaware tech share, hexaware tech share price, hexaware tech share price today — [Source](https://www.businesstoday.in/markets/stocks/story/hexaware-tech-shares-in-focus-as-ceo-resigns-read-full-resignation-letter-553003-2026-09-03)
- 2026-09-03 — BUSINESSTODAY: **Top stocks in news: Meesho, Power Grid, Lumino, Hexaware Tech, HUDCO, Ola Electric, RBL Bank, NMDC** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Meesho, Power Grid, Lumino Industries, Hexaware Technologies, HUDCO, Ola Electric, RBL Bank, NMDC, Page Industries, Power Grid Corporation of India, ICICI Prudential Life Insurance Company, Housing & Urban Development Corporation, Ola Electric Mobility, Persistent Systems, Heidelberg Cement — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-meesho-power-grid-lumino-hexaware-tech-hudco-ola-electric-rbl-bank-nmdc-552997-2026-09-03)
- 2026-09-02 — REDIFF.COM: **Hexaware Names Vivek Jetley New CEO To Drive AI Growth** — Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation. — [Source](https://www.rediff.com/business/report/vivek-jetley-appointed-hexaware-ceo-succeeds-ramakarthikeyan/20260902.htm)
- 2026-09-02 — Mint: **Hexaware names EXL's Vivek Jetley CEO as Srikrishna exits after 12 years | Company Business News** — Ramakarthikeyan Srikrishna, 56, was among India's longest-serving CEOs and oversaw Hexaware’s return to the stock exchanges in February last year. He will remain with the company as a senior advisor and is expected to hand over the reins to Jetley on 28 October 2026. — [Source](https://www.livemint.com/companies/news/hexaware-technologies-appoints-vivek-jetley-as-ceo-designate-11788362883556.html)
- 2026-09-02 — CNBC-TV18: **Hexaware Technologies appoints Vivek Jetley as CEO, Srikrishna Ramakarthikeyan to step down** — Jetley to take charge on October 28; Ramakarthikeyan to continue as senior advisor after 12 years as CEO — [Source](https://www.cnbctv18.com/economy/hexaware-technologies-appoints-vivek-jetley-as-ceo-srikrishna-ramakarthikeyan-to-step-down-19982652.htm)
- 2026-09-02 — The Hindu: **Hexaware Appoints Vivek Jetley as CEO Designate to Lead its Next Phase of AI-Led Growth** — Hexaware Appoints Vivek Jetley as CEO Designate to Lead its Next Phase of AI-Led Growth — [Source](https://www.thehindu.com/brandhub/pr-release/hexaware-appoints-vivek-jetley-as-ceo-designate-to-lead-its-next-phase-of-ai-led-growth/article71420143.ece)
- 2026-08-24 — CNBC-TV18: **11: 11 | JPMorgan expects further downside in markets, Symbiotec Pharmalab IPO, Bank unions strikes, and more** — Hello and Welcome to CNBC-TV18's Newsletter. Today, we take a look at JPMorgan's analysis of the market and where it is headed, Symbiotec Pharmalab IPO, bank unions' strike over a 5-day workweek, Shein's Hong Kong IPO and more. — [Source](https://www.cnbctv18.com/business/11-11-jpmorgan-expects-further-downside-in-markets-symbiotec-pharmalab-ipo-bank-unions-strikes-and-more-19975274.htm)
- 2026-08-24 — CNBC-TV18: **Hexaware Tech shares in focus after AI Day reveals over 50% AI-infused revenue; brokerages mixed** — Hexaware Technologies' shares in focus after AI Day 2026. CEO R Srikrishna states that over 50% revenue is AI-infused. Brokerages mixed, see 6% downside to up to 37% upside. — [Source](https://www.cnbctv18.com/market/hexaware-tech-share-price-ai-day-revenue-tam-jefferies-hsbc-clsa-target-price-19975311.htm)
- 2026-08-22 — The Hindu: **Hexaware eyes slice of $900 billion SaaS market with AI-enabled software, even as AI-infused revenue tops 50%** — Hexaware targets the $900 billion SaaS market with AI-driven software, aiming to replace costly enterprise subscriptions and enhance efficiency. — [Source](https://www.thehindu.com/business/industry/hexaware-eyes-slice-of-900-billion-saas-market-with-ai-enabled-software-even-as-ai-infused-revenue-tops-50/article71375114.ece)
- 2026-08-21 — CNBC-TV18: **Hexaware Tech says no evidence of systems or customer data breach after leakage claim** — Shares of Hexaware Technologies Ltd ended at ₹549.90, down by ₹3.40, or 0.61%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/hexaware-technologies-share-price-says-no-evidence-of-systems-or-customer-data-breach-after-leakage-claim-19972933.htm)
- 2026-08-19 — CNBC-TV18: **Stocks to Watch for August 20: Hyundai Motor, Hexaware Tech, HDFC Life and more** — From Aditya Infotech’s board approving a proposal to raise up to ₹1,500 crore through equity shares to Hyundai Motor India raising vehicle prices by up to 1% across its portfolio from September 2026, these are the stocks to watch ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-20-hyundai-motor-hexaware-tech-hdfc-life-and-more-19972945.htm)

## Business profile

**Strategic vision:** Global IT services provider for digital, cloud, and data solutions.

### Business segments
- **Travel and Transportation:** Serves the travel and transportation industry with digital, cloud, and data solutions.
- **Financial Services:** Provides IT services to the financial services sector.
- **Banking:** Offers IT solutions tailored for the banking industry.
- **Healthcare & Insurance:** Delivers IT consulting and services for healthcare and insurance companies.
- **Hi-Tech and Professional Services:** Supports hi-tech and professional services industries with digital transformation.
- **Manufacturing and Consumer:** Provides IT services to manufacturing and consumer-focused businesses.
- **Education and Institutions:** Serves the education sector and other institutions with IT solutions.
- **Products and Platforms:** Offers IT services related to products and platforms.
- **Life Sciences:** Provides IT consulting and services for the life sciences industry.
- **Retail and Consumer:** Supports retail and consumer industries with digital transformation.
- **Telecom and Utilities:** Offers IT services to the telecom and utilities sectors.
- **Travel and Hospitality:** Provides IT solutions for the travel and hospitality industries.
- **Business Process Services:** Enhances customer experience and streamlines operations across various domains through services like content operations, marketing, customer support, finance, and automation.
- **Cloud:** Provides strategic expertise, modernization, migration, and managed services to support cloud adoption and ensure stability, scalability, and growth.
- **Data & Analytics:** Leverages data and AI to convert insights into competitive advantages, aiming for innovation leadership.
- **Digital & Software Solutions:** Drives growth and innovation through planning, designing, and engineering differentiated products and experiences.
- **Digital IT Operations:** Revolutionizes IT operations with comprehensive services including infrastructure management, digital workplace solutions, application management, testing, cybersecurity, and automation.
- **Enterprise Platforms:** Optimizes, implements, and manages platforms such as Oracle, SAP, Workday, ServiceNow, Adobe, and Salesforce.
- **Artificial Intelligence (AI):** Accelerates enterprise value with responsible AI strategies, data readiness, generative and Agentic AI, and scalable governance for business intelligence integration.
- **Global Capability Centers:** Offers end-to-end advisory, setup, and managed services for Global Capability Centers (GCCs), utilizing AI-first models for operational optimization and global talent leverage.

### Competitive strengths
- Global presence with offices across various countries.
- Focus on digital, cloud, and data solutions with AI integration.
- Comprehensive service portfolio covering business process, cloud, data, digital IT operations, and enterprise platforms.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/hext
Markdown representation: https://faxioms.com/stocks/hext?render=md