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HEXAWARE SHARE DECLINE
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained ...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
Infosys, TCS and other IT stocks slide for third straight session as AI worries mountIndian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...
Ahead of Market: 10 things that will decide stock market action on ThursdayNifty 50 and BSE Sensex declined, snapping a three-day rally due to IT and FMCG losses. Rising India VIX signaled caution, though broader t...
Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
Hexaware profit lags estimates, shares tankProfit trailed expectations, largely due to a more than 20% increase in other expenses such as acquisition-related cost, and impairment of ...
Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimatesHexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Reve...
Carlyle picks JPMorgan and Kotak to help arrange Hexaware IPO: ReportThe US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified a...
Carlyle said to weigh $1 billion IPO for Indian IT firm HexawareAt about $1 billion, it would be the biggest IPO in the country since Life Insurance Corp. of India’s in 2022, according to data compiled b...
Hexaware delisting plans hit roadblockThis is the first attempt by a private equity firm to take its listed company private. JM Financial and Citi are the merchant bankers hired...
Hexaware plunges on reports of revenue headwind from E&YThe stock had hit a 52-week high of Rs 267.50 on June 6, 2017 and 52-week low of Rs 178.10 on October 17, 2016.
Hexaware shares tank 11% on disappointing resultsOn the volume front, 12.25 lakh shares of the company changed hands at the BSE, while over 82 lakh shares were traded at the NSE during the...
Hexaware Q1 net profit dips 11.3 per cent to Rs 70.3 croreThe company had registered a net profit of Rs 79.3 crore in the same quarter last fiscal, Hexaware said in a statement.
Chrys Capital sells 48.55 lakh Hexaware shares for Rs 61 crDali offloaded 48.55 lakh shares of outsourcing company Hexaware Technologies for more than Rs 61 crore through open market route.
ChrysCap seeks more for Hexaware sharesChrysCapital, the biggest India-focused private equity investor with a 9.6% stake in Hexaware Technologies , has sought a better price to s...
- Hexaware Tech expects robust earnings in near term
Hexaware Technologies is expected to report robust earnings in the near term driven by a healthy deal pipeline and a string of recent order...