Hexaware Technologies gains on acquiring SMC Squared
The acquisition is a strategic step in the company’s mission to deliver future-proof GCC solutions that go beyond cost efficiency, anchored in a combined human and digital agent-driven model

Hexaware Technologies is currently trading at Rs 868.50, up by 11.05 points or 1.29% from its previous closing of Rs 857.45 on the BSE.
The scrip opened at Rs 870.00 and has touched a high and low of Rs 882.00 and Rs 860.85 respectively. So far 11586 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 900.15 on 09-Jul-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 882.00 and Rs 837.30 respectively. The current market cap of the company is Rs 52907.57 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 acquired SMC Squared, a leader in building global capability centers (GCCs). The acquisition is a strategic step in the company’s mission to deliver future-proof GCC solutions that go beyond cost efficiency, anchored in a combined human and digital agent-driven model. The company’s newly launched GCC 2.0 service line aims to drive long-term value for global clients by blending SMC Squared’s proven GCC build-operate expertise with company’s platform-led IT delivery capabilities, providing clients with a differentiated proposition that combines AI and digital innovation with strategic GCC value.
SMC Squared operates through engagement models, such as managed services, build-optimize-transfer, and hybrid solutions, which lower operating costs while assembling GCC teams that act as seamless extensions of every client’s strategic agenda. With proven delivery across HR, infrastructure, employee well-being, finance, and strategic technology consulting, SMC Squared brings institutional maturity and a trusted execution model that aligns with company’s vision to offer fully integrated, high-value GCC operations. Together, the companies expect to drive significant growth and unlock synergy potential across large accounts in the near future. The combined organization now offers a unified GCC services stack spanning advisory, setup, operations, and optimization, and supported by talent depth, delivery consistency, and execution rigor.
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).