NSE: HEXT · 2 November 2026
- Hexaware Technologies has fallen 12.45% over 3 trading sessions; today's move is -0.78%.
- Hexaware Technologies submitted its unaudited financial results for the quarter and nine months ended September 30, 2026, alongside board approval for leadership changes. Mr. Vivek Jetley assumed office as CEO starting October 28, 2026, succeeding Mr. R Srikrishna, while several board additions and resignations were recorded. The company also reported closing cash of USD 199 million.
- Trading volume was 0.28 times the 20-day average daily volume.
Hexaware Technologies share price: 12.45% decline over 3 trading sessions
Hexaware Technologies Ltd. (HEXT) moved lower by 0.78% on Monday, November 2, 2026, closing at ₹497.90 after moving between an intraday high of ₹520.15 and a low of ₹493.75.
In broader market context, the benchmark Nifty gained 1.68%, whereas the sectoral Nifty IT index declined by 0.50%, indicating minor weakness across technology peers. Hexaware's performance tracked this sectoral trend more closely than the broader market rally, extending a period of short-term consolidation that includes a 5-day return of -15.46%, though its 20-day return remains positive at 2.15%.
On the corporate front, the company recently announced its financial results for the quarter and nine months ended September 30, 2026, alongside key management changes including the appointment of Mr. Vivek Jetley as CEO effective October 28, 2026, following the exit of Mr. R Srikrishna. Additionally, the board approved organizational rationalization steps such as the voluntary liquidation of Mobiquity BV in the Netherlands and various subsidiary mergers. While these operational updates provide medium-term context, today's price movement appears consistent with ongoing sector-wide IT softness and technical digestion following recent earnings volatility rather than a single same-day catalyst.
6.06 lakh shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 21.82 lakh shares (0.28 times). The five-day average daily volume was 6.99 lakh shares. Separately, the NSE report for 2 November 2026 showed 3.35 lakh shares delivered, representing 55.34% of that day’s traded volume. The same report recorded 24,962 trades.
The stock declined by 0.78% in tandem with the Nifty IT sector benchmark amid subdued trading volumes relative to its 20-day average. While recent earnings and leadership transition filings provide fundamental background, no single same-day catalyst was identified to directly drive today's intraday retracement.
Latest Company Developments
Hexaware Technologies submitted its unaudited financial results for the quarter and nine months ended September 30, 2026, alongside board approval for leadership changes. Mr. Vivek Jetley assumed office as CEO starting October 28, 2026, succeeding Mr. R Srikrishna, while several board additions and resignations were recorded. The company also reported closing cash of USD 199 million.
Quarterly earnings and leadership changes directly shape investor expectations regarding growth strategy, execution capability, and future digital transformation delivery.
The board approved a series of corporate restructuring initiatives, including the voluntary liquidation of its step-down subsidiary Mobiquity BV in the Netherlands and the slump sale of Tech SMC Square India Private Limited. Furthermore, mergers involving step-down subsidiaries in Canada and the United States were cleared to streamline global operations.
Entity rationalization demonstrates management's focus on simplifying corporate structures, optimizing overheads, and improving operational efficiency across geographies.
Hexaware Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 15.60% on 30 September 2026. This compares with 15.53% on 30 June 2026, a change of +0.07 percentage points.
The filing reported 24 MF/UTI holders.
What to Watch Next
- Execution of digital transformation deals and AI-led growth strategies under newly appointed CEO Vivek Jetley
- Progress on subsidiary rationalization and winding down of Mobiquity BV in the Netherlands
- Cash generation and Days Sales Outstanding (DSO) trends in upcoming quarters
- Volume and delivery participation (recorded at 55.34% on November 2, 2026) relative to the 20-day average volume
Other Dated Coverage
More Hexaware Technologies news and dated analysis →
Frequently Asked Questions
What is the latest Hexaware Technologies company news?
Hexaware Technologies submitted its unaudited financial results for the quarter and nine months ended September 30, 2026, alongside board approval for leadership changes. Mr. Vivek Jetley assumed office as CEO starting October 28, 2026, succeeding Mr. R Srikrishna, while several board additions and resignations were recorded. The company also reported closing cash of USD 199 million.
How strong was Hexaware Technologies’s trading volume?
6.06 lakh shares traded, 0.28 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.