Hexaware Technologies Share Price Targets Cut By Jefferies, Kotak After IT Firm Slashes Growth Guidance
Hexaware Technologies moved lower in a quarterly results development.
· NDTV Profit
Hexaware reported September 2026 quarter revenue of $412 million, rising 1.7% sequentially in constant currency terms, significantly below Jefferies' estimates.
The analysis
Hexaware Technologies reported movement of 1.7%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -6.5% on the day at ₹503.70, and has returned -12.9% over three months. It sits 36% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -2.3% over the same period, so Hexaware Technologies is running 10.6 points behind its peers.
For Hexaware Technologies, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Hexaware Technologies (HEXT), in IT.
- Over three months: Hexaware Technologies -12.9% against IT -2.3% (10.6 points behind).
- At least 25% below the 52-week high: Hexaware Technologies (36%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Hexaware TechnologiesHEXT · IT | ₹503.70 | -6.5% | +11.7% | -12.9% | -36.4% | 0.5× | — |
IT
1M +7.3% · 3M -2.3%
Hexaware Technologies
Prices as of 30 Oct 2026, 14:53 IST. Sector moves are the average of the stocks we track in each sector.
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