NSE: HEXT · 30 October 2026
- Hexaware Technologies has fallen 12.31% over 2 trading sessions; today's move is -6.81%.
- Hexaware Technologies reported its financial results for the quarter ended September 30, 2026, posting consolidated revenue of ₹39,331 million and a basic EPS of ₹7.06. Simultaneously, the company formalized the transition of leadership, with Mr. Vivek Jetley taking over as CEO following the cessation of Mr. R Srikrishna after 12 years.
- Trading volume was 0.60 times the 20-day average daily volume.
Hexaware Technologies share price: 12.31% decline over 2 trading sessions
Hexaware Technologies Ltd. (HEXT) fell sharply on October 30, 2026, losing 6.81% to close at ₹501.80. The stock traded near the lower end of its intraday range of ₹498.15 to ₹534.00, opening slightly lower at ₹531.30 compared to its previous close of ₹538.45.
While the broader market benchmarks and sector indices showed positive momentum—with the Nifty gaining 0.51% and the Nifty IT sector rising 2.32%—Hexaware decoupled sharply from its sector peers. The stock has experienced extended selling pressure recently, recording a 5-day return decline of 15.06% following its recent quarterly financial disclosures and board-level changes announced on October 28, 2026.
The downward price movement follows the company's recent Q3CY26 financial results announcement, corporate restructuring updates, and leadership transitions. Hexaware reported consolidated revenue of ₹39,331 million for the quarter ended September 30, 2026, alongside an adjusted EBIT margin of 13.8%. Additionally, the company announced the resignation of CEO R. Srikrishna effective October 28, 2026, with Vivek Jetley taking over the role, alongside changes in non-executive directorships and ongoing global subsidiary rationalizations.
12.70 lakh shares traded by 30 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 21.25 lakh shares (0.60 times). The five-day average daily volume was 5.68 lakh shares. Separately, the NSE report for 29 October 2026 showed 3.33 lakh shares delivered, representing 38.07% of that day’s traded volume. The same report recorded 37,616 trades.
The stock's 6.81% decline reflects ongoing selling pressure and downward retracement following its Q3CY26 earnings release, leadership changes, and corporate restructuring announcements made on October 28, 2026, diverging notably from positive broader IT sector trends.
Latest Company Developments
Hexaware Technologies reported its financial results for the quarter ended September 30, 2026, posting consolidated revenue of ₹39,331 million and a basic EPS of ₹7.06. Simultaneously, the company formalized the transition of leadership, with Mr. Vivek Jetley taking over as CEO following the cessation of Mr. R Srikrishna after 12 years.
Financial performance combined with top-deck management changes directly impacts investor sentiment and strategic execution timelines for the firm.
The board approved a series of entity rationalization measures, including the slump sale of Tech SMC Square India Pvt Ltd, mergers of select step-down subsidiaries in Canada and the US, and the voluntary liquidation of Mobiquity BV in the Netherlands. Furthermore, the incorporation of a wholly owned subsidiary in Mauritius with an initial investment of up to USD 1 million was cleared.
Streamlining overseas corporate structures helps optimize operational efficiencies and aligns international delivery footprints.
The board approved the appointment of Mr. Arjun Shah and Mr. Gregory Michael Zeluck as Non-Executive Non-Independent Directors effective October 29, 2026. This followed the resignations of non-executive directors Mr. Neeraj Bharadwaj and Mr. Julius Genachowski, leading to the reconstitution of several board committees.
Changes in board composition reflect evolving governance oversight and stakeholder representation.
i) Voluntary liquidation / wind down of step-down subsidiary in Netherland
Amalgamation/Merger of subsidiary and Slump Sale of Subsidiary
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
- Management commentary and analyst feedback following the Q3CY26 earnings call
- Execution of subsidiary rationalization and integration milestones
- Delivery volume trends and cash participation levels around current support zones
- Stabilization of the stock price following recent leadership transitions
More Hexaware Technologies news and dated analysis →
Frequently Asked Questions
What is the latest Hexaware Technologies company news?
Hexaware Technologies reported its financial results for the quarter ended September 30, 2026, posting consolidated revenue of ₹39,331 million and a basic EPS of ₹7.06. Simultaneously, the company formalized the transition of leadership, with Mr. Vivek Jetley taking over as CEO following the cessation of Mr. R Srikrishna after 12 years.
How strong was Hexaware Technologies’s trading volume?
12.70 lakh shares traded, 0.60 times the 20-day average daily volume. The price and volume data are dated 30 October 2026 · 03:25 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.