Hexaware Technologies Ltd Falls to 52-Week Low of Rs.572.25

Stock Performance and Market Context

On 6 Feb 2026, Hexaware Technologies Ltd’s share price touched an intraday low of Rs.572.25, representing a sharp fall of 10.62% during the trading session. The stock opened with a gap down of 2.7% and has underperformed its sector, the IT - Software segment, which itself declined by 2.08% on the day. Over the past three consecutive trading days, the stock has lost 16.03% in value, signalling sustained selling pressure.

Hexaware’s current price is well below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring the prevailing bearish momentum. In comparison, the broader Sensex index opened flat but slipped by 0.15% to 83,185.43 points, remaining 3.57% shy of its 52-week high of 86,159.02. The Sensex is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating mixed signals for the broader market.

Over the last year, Hexaware’s stock has delivered a flat return of 0.00%, lagging behind the Sensex’s 6.57% gain. The stock’s 52-week high was Rs.900.15, highlighting the extent of the recent decline.

Financial Performance Highlights

Hexaware’s recent quarterly results have been subdued, contributing to the stock’s downward trajectory. The company reported its lowest PBDIT (Profit Before Depreciation, Interest and Taxes) in the quarter at Rs.377.90 crores. Correspondingly, the operating profit to net sales ratio declined to a low of 10.86%, reflecting margin pressures during the period.

Profit Before Tax (PBT) excluding other income also fell to Rs.223.00 crores, marking the lowest quarterly figure in recent times. These results have weighed on market sentiment, especially given the company’s previous Hold rating was downgraded to Sell on 12 Jan 2026, as reflected in its Mojo Grade of 48.0.

Despite these challenges, Hexaware maintains a low average debt-to-equity ratio of 0.0, indicating a conservative capital structure. The company’s return on equity (ROE) stands at a robust 22.9%, and it trades at a Price to Book Value of 6.7, suggesting a fair valuation relative to its equity base.

Profit growth over the past year has been positive, with a 24% increase in profits, although this has not translated into share price appreciation.

Promoter Share Pledging and Market Impact

A notable factor influencing Hexaware’s share price is the status of promoter share pledging. Currently, 100% of promoter shares are pledged, a situation that has intensified over the last quarter with a 100% increase in pledged holdings. This elevated level of pledged shares can exert additional downward pressure on the stock, particularly in falling markets, as it raises concerns about potential forced selling or liquidity constraints.

The combination of weak quarterly earnings metrics and the heightened promoter pledge ratio has contributed to the stock’s recent underperformance relative to its sector peers and the broader market indices.

Sectoral and Broader Market Trends

The Computers - Software & Consulting sector, to which Hexaware belongs, has experienced a decline of 2.08% on the day of the stock’s 52-week low. This sectoral weakness, combined with the stock’s specific challenges, has contributed to the downward momentum.

While the Sensex remains relatively close to its 52-week high, the index’s slight retreat and trading below its 50-day moving average reflect a cautious market environment. Hexaware’s underperformance relative to both its sector and the Sensex highlights the stock’s current vulnerability within the broader market context.

Summary of Key Metrics

To summarise, Hexaware Technologies Ltd’s key data points as of 6 Feb 2026 are:

• New 52-week low price: Rs.572.25
• Day’s low decline: -10.62%
• Three-day cumulative return: -16.03%
• Mojo Score: 48.0 (Sell), downgraded from Hold on 12 Jan 2026
• Market Cap Grade: 2
• Promoter shares pledged: 100%, doubled in last quarter
• Quarterly PBDIT: Rs.377.90 crores (lowest)
• Operating profit to net sales: 10.86% (lowest)
• Quarterly PBT excluding other income: Rs.223.00 crores (lowest)
• Debt to Equity ratio: 0.0 (average)
• Return on Equity: 22.9%
• Price to Book Value: 6.7
• One-year profit growth: +24%
• One-year stock return: 0.00%

These figures illustrate the current state of Hexaware’s financial and market position, reflecting a period of price correction amid mixed operational and market factors.

Conclusion

Hexaware Technologies Ltd’s fall to a 52-week low of Rs.572.25 marks a notable phase in its stock price trajectory, influenced by subdued quarterly earnings, increased promoter share pledging, and sectoral pressures. The stock’s performance contrasts with the broader market’s relative stability, underscoring company-specific challenges within the Computers - Software & Consulting sector. While the company maintains solid profitability metrics and a conservative debt profile, the current market environment has led to a reassessment of its valuation and risk profile by market participants.

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