Hexaware Technologies Faces Declining Stock Performance Amidst Increased Market Challenges

Hexaware Technologies, a large-cap player in the IT software industry, has experienced notable activity today, reflecting a complex market environment. As of March 3, 2025, the stock has underperformed its sector by 3.29%, marking a decline of 2.57% for the day. Over the past two days, Hexaware has seen a consecutive fall, resulting in a total drop of 3.96%. The stock reached an intraday low of Rs 790.5, down 3.13%.
Despite these challenges, Hexaware's market capitalization stands at Rs 48,314.76 crore. The stock's delivery volume has decreased significantly, falling by 43.58% compared to its five-day average, indicating a decline in investor participation. However, it remains liquid enough for trades of Rs 2.38 crore, based on 2% of the five-day average traded value.

When comparing quality with peers, Hexaware is rated below average, contrasting sharply with industry leaders like TCS and Infosys, both of which hold excellent ratings. In terms of valuation, Hexaware is considered risky, with a price-to-earnings ratio of 75.38, significantly higher than its peers, which raises concerns about its market positioning relative to competitors.