The selling pressure on the counter came after the company's president and global head of banking and the North America Hunting Team tendered his resignation
After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.
Its top ideas to play the next AI wave are HCLTech and Tech Mahindra in largecaps and Hexaware and Coforge in the midcap space
Bajaj Auto, 360 One Wam, Hexaware Technologies, Akzo Nobel India stocks are seen trading above the SuperTrend line indicator on the daily charts.
Hexaware Technologies will acquire US-based CyberSolve for $66 million to expand in identity access management and cybersecurity services amid a surge in AI-driven global cyber threats
Hexaware says Natsoft's patent infringement allegations are without merit and asserts confidence in prevailing as it defends its technology in US courts
Investors aiming to benefit from these corporate actions must hold the shares before the ex-date, when the stock starts trading without entitlement to dividends, bonuses, or splits
Here is the complete list of stocks that will trade ex-date next week, along with their respective announcements and key dates
Hexaware Technologies shares rose 4 per cent on Thursday, after Nuvama Institutional Equities initiated 'Buy'; check target
According to Prime Infobase data, the industrial sector has emerged as the frontrunner with nine IPOs so far this year, closely followed by consumer discretionary with seven