Hexaware Technologies Soars 9.5% on Stock Market Debut

 

Hexaware Technologies made a strong debut on the Indian stock exchanges today, with shares surging 9.5% above the initial public offering (IPO) price. The IT services company's stock opened at Rs 745.50 on the National Stock Exchange (NSE), a 5.3% premium to its issue price of Rs 708. On the Bombay Stock Exchange (BSE), shares listed at Rs 731, up 3.25%. The impressive listing comes after Hexaware's IPO, India's largest in the IT sector, was oversubscribed 2.79 times. Investors are showing confidence in Hexaware's global presence and diverse service offerings across industries such as banking, healthcare, and manufacturing.

 

Source: Financial Express