Hexaware Technologies soars on getting nod to make further investment in wholly owned subsidiary

The Board of Directors of the company, in their meeting held on June 30, 2025 has approved the same

Hexaware Technologies is currently trading at Rs. 871.00, up by 24.95 points or 2.95% from its previous closing of Rs. 846.05 on the BSE.

The scrip opened at Rs. 846.05 and has touched a high and low of Rs. 871.00 and Rs. 846.00 respectively. So far 10326 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 890.00 on 30-May-2025 and a 52 week low of Rs. 592.95 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 879.95 and Rs. 837.00 respectively. The current market cap of the company is Rs. 52665.53 crore.

The promoters holding in the company stood at 74.71%, while Institutions and Non-Institutions held 19.64% and 5.65% respectively.

Hexaware Technologies has received approval for further investment in Hexaware Technologies Inc, USA-Wholly Owned Subsidiary of the Company, upto $50 million in the form of equity share capital or any other form in one or more tranches. This investment will enable Hexaware Technologies Inc inter alia in furtherance of business activities. The investment will be made by end of December 2026. The Board of Directors of the company, in their meeting held on June 30, 2025 has approved the same. 

Hexaware Technologies is a global digital and technology services company with artificial intelligence (AI) at its core and having a diverse range of customers. It serves customers across the Americas, Europe and Asia-Pacific (including India and the Middle East).