Hexaware Tech share price slips

MUMBAI: IT firm Hexaware Technologies Ltd's shares dropped 3.74 per cent to Rs 127.35 on speculation that General Atlantic LLC would sell its stake in it.

Reports of a delay in General Atlantic's plans to sell its stake in Indian software-maker Patni Computer Systems Ltd prompted some traders to speculate that the private equity firm may sell its stake in Hexaware.

Hexaware Technology has said that total stake of the private equity firm in the IT firm now stands at 14.71 per cent.

However, the Bombay Stock Exchange data shows that General Atlantic holds 7.95 per cent stake in the IT firm as of June 30.