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
IT company Hexaware Technologies has acquired 100 per cent stake in SMC Squared for USD 120 million, about Rs 1,029 crore, in an all-cash deal to expand its play on global capability centres, the company said in a regulatory filing. SMC Squared builds, operates and transfers global capability centres (GCC). "By acquiring SMC, Hexaware gains established GCC expertise: SMC's proven playbook and relationships in the mid-market GCC segment will accelerate our go-to-market strategy. We will extend SMC's offerings to our broader client base, including existing Hexaware customers," the filing said. The aggregate consideration including contingent components for the acquisition is up to USD 120 million (equivalent to Rs 1,029 crore) subject to certain customary adjustments on cash, debt and taxes, the filing said. "The breakup of consideration is USD 45 million upfront payout, up to USD 45 million of earnouts and up to USD 30 million outperformance earnout bonus," the filing said. The ...
At 9:43 AM, Hexaware Technologies shares were trading at ₹870.50, up by 1.53 per cent on the National Stock Exchange.