Page 3 - Hexaware Technologies

IT firm Hexaware Technologies to offer Rs 475 per share for delisting

The bid process for the delisting offer - where the promoters were offering a floor price of Rs 264.97 per share - had started on September 9 and closed on September 16

Hexaware hits fresh 52-week high as promoter accepts delisting price

The acquirer and promoter have accepted the discovered price of Rs 475 per equity share as the final/exit price for delisting offer

Sebi allows Hexware to extend delisting offer by one more day to Sept 16

The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said

Hexaware Technologies hits 52-week high ahead of closure of delisting offer

The stock hit a 52-week high of Rs 446.70 in the intra-day trade today, after surging 40 per cent in the past three months, as compared to 17 per cent rise in the S&P BSE Sensex

Hexware delisting hangs in balance with 25 mn more shares needed

About 58 mn shares tendered so far, and just a day left to achieve mandatory 90% acquisition target

Hexaware promoter raises $600 mn; to partially use for delisting shares

A voluntary delisting of Hexaware Technologies from the BSE and the NSE is being undertaken

Hexaware Tech, Wipro: Are IT stocks a safe bet in the current market?

On a year-to-date (YTD) basis, the Nifty IT index has outperformed the market by surging nearly 18 per cent (as of Tuesday's close) as compared to a 7 per cent fall in the benchmark Nifty50

Baring PE Asia preparing for India's largest leveraged buyout loan: Report

The loan will be used for the delisting of Hexaware and for repaying bonds for Baring's shareholding vehicle, HT Global IT Solutions Holdings

Hexaware Technologies stock surges over 27% in 2 days on proposed delisting

Analysts' assumption that the delisting price will be higher hinges on previous delisting bids and Hexaware's valuations

Hexaware plans voluntary delisting, board to discuss proposal next week

Analysts see delisting as a move towards making the company leaner before any further step of a merger or complete

Hexaware Technologies hits 20% upper circuit on voluntary delisting plan

The company said that its board is scheduled to meet on June 12, 2020 to consider the proposal for voluntary delisting of equity shares of the company.

Hexaware Q1 profit rises 26% to Rs 175 cr; suspends full-year guidance

Net profit rose 26.3 per cent year-on-year at Rs 175 crore while it increased 4.3 per cent on a sequential basis for January-March.

Trump's immigration ban: Will it affect Indian IT sector? The story so far

Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa

Hexaware founder Atul Nishar back in edtech with Rs 250 cr start-up

Nishar is not new to the educational and tech space as his first entrepreneurial venture was Aptech in 1985 which he exited in 2003

Hexaware buys US-based Mobiquity for $182 mn to expand cloud offerings

The deal will help Mumbai-based Hexaware gain traction in its banking and pharmaceutical verticals, through Mobiquity's digital products

Hexaware sets aside $250-300 mn for acquisitions over the next three years

Mid-tier information technology (IT) services firm said it doesn't see any value in merging with NIIT Technologies, as being speculated by many

Hexaware Technologies falls 19% after huge block deals

The stock dipped 19% to Rs 401 on the National Stock Exchange in early morning trade after a more than 10% of equity of information technology firm changed hands on the counter via block deals.

Hexaware Technologies slips 9% post Q2 results

The stock slipped 9% to Rs 453 on the BSE after the company reported a flat EBITDA margin at 15.6% in June 2018 quarter.

Hexaware Technologies stock falls 14% despite better March quarter numbers

According to analysts tracking the company, the valuation of the stock was a bit expensive going by the business fundamentals

Hexaware Tech falls 10% on profit booking post March quarter results

The stock dipped 10% to Rs 408 on the BSE as the analysts suprise for the company not upping its revenue guidance comes and raises questions on continued growth momentum.