Hexaware Technologies Ltd Falls to 52-Week Low of Rs.521.25

Stock Performance and Market Context

On 13 Feb 2026, Hexaware Technologies Ltd (Stock ID: 316432) opened with a gap down of -3.15%, continuing its losing streak to touch an intraday low of Rs.521.25, a decline of -4.17% on the day. This marks the lowest price level for the stock in the past 52 weeks, significantly below its 52-week high of Rs.900.15. Over the last eight trading days, the stock has delivered a cumulative return of -27.25%, underperforming the IT - Software sector, which itself has fallen by -3.66% on the day.

Hexaware’s current trading price is below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a persistent bearish trend. In contrast, the broader Sensex index opened lower at 82,902.73, down -0.92%, and is trading at 82,961.11, still 3.85% shy of its 52-week high of 86,159.02. The Sensex is trading below its 50-day moving average, though the 50DMA remains above the 200DMA, indicating mixed signals for the overall market.

Financial Metrics and Company Fundamentals

Despite the recent price decline, Hexaware Technologies maintains a Mojo Score of 51.0 with a Hold grade, upgraded from Sell on 10 Feb 2026. The company’s market capitalisation grade stands at 2, reflecting its mid-tier market cap status within the sector. The stock’s Price to Book Value ratio is 5.3, which, combined with a Return on Equity (ROE) of 23.3%, suggests an attractive valuation relative to its earnings quality.

Hexaware’s debt profile remains conservative, with an average Debt to Equity ratio of zero, indicating no reliance on external borrowings. Profitability metrics, however, have shown some softness in recent quarters. The PBDIT for the latest quarter was recorded at Rs.377.90 crores, the lowest in recent periods, with an operating profit to net sales ratio of 10.86%, also at a low point. Profit Before Tax (PBT) excluding other income stood at Rs.223.00 crores, marking a decline compared to previous quarters.

Shareholding and Promoter Pledge Impact

A notable concern for Hexaware Technologies is the status of promoter shareholding. Currently, 100% of promoter shares are pledged, a factor that can exert additional downward pressure on the stock price, especially in falling markets. The proportion of pledged holdings has doubled over the last quarter, signalling increased risk perception among stakeholders. This elevated pledge level may contribute to heightened volatility and selling pressure in the stock.

Comparative Performance and Sectoral Trends

Over the past year, Hexaware Technologies has delivered a flat return of 0.00%, underperforming the Sensex, which has gained 8.94% during the same period. While the company’s profits have risen by 24% over the last year, this improvement has not translated into share price appreciation. The IT - Software sector has faced headwinds recently, with a sectoral decline of -3.66% on the day of the new low, reflecting broader concerns impacting technology stocks.

The stock’s underperformance relative to the sector and benchmark indices highlights the challenges faced by Hexaware in regaining investor confidence amid a cautious market environment.

Summary of Key Factors Influencing the 52-Week Low

The decline to Rs.521.25 represents a culmination of several factors: a sustained eight-day losing streak, underperformance relative to the Sensex and sector, a gap down opening on the day of the new low, and trading below all major moving averages. The company’s latest quarterly financials show subdued operating margins and profit levels, while the doubling of pledged promoter shares adds a layer of risk that may weigh on sentiment.

Despite these challenges, Hexaware Technologies retains a Hold rating with a Mojo Score of 51.0, reflecting a balanced view of its valuation and financial health. The company’s low debt levels and attractive ROE remain positive attributes amid the current market environment.

Market Outlook and Broader Implications

The broader market context shows the Sensex trading below its 50-day moving average, with a modest decline on the day, indicating cautious investor sentiment. The IT - Software sector’s decline has contributed to Hexaware’s price pressure, though the stock’s sharper fall relative to peers suggests company-specific factors are also at play.

Hexaware’s flat one-year return contrasts with the Sensex’s near 9% gain, underscoring the stock’s relative weakness. The company’s recent financial performance and shareholding structure are key elements influencing this trend.

Investors and market participants will continue to monitor Hexaware’s price action and financial disclosures closely as the stock navigates this low price territory.

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