Hexaware Technologies Ltd Hits Intraday Low Amid Price Pressure

Intraday Performance and Price Movement

On the trading day, Hexaware Technologies Ltd's share price fell sharply by 5.04%, with an intraday low recorded at Rs 540.25, marking the lowest level in the past year. This decline represented a 5.54% drop from the previous close, signalling intensified selling momentum. The stock's performance lagged behind the IT - Software sector, which itself declined by 4.5%, and the Sensex, which fell by 0.56%.

The stock has been on a downward trajectory for seven consecutive sessions, accumulating a loss of 25.64% over this period. This sustained decline has pushed Hexaware well below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a broad-based weakening in price trends.

Sector and Market Context

The Computers - Software & Consulting sector, to which Hexaware belongs, has been under pressure, with the sector index falling by 4.5% on the day. This sectoral weakness has compounded the stock’s challenges, as investors have rotated away from mid-cap IT stocks amid cautious market sentiment.

Meanwhile, the broader market benchmark, the Sensex, opened lower by 265.21 points and closed down 210.59 points at 83,757.84, a 0.56% decline. Despite this, the Sensex remains within 2.87% of its 52-week high of 86,159.02 and has recorded a three-week consecutive rise, gaining 2.72% over that period. However, Hexaware’s performance contrasts sharply with this broader market resilience.

Relative Performance Metrics

Hexaware’s one-day decline of 4.15% notably outpaced the Sensex’s 0.56% fall, highlighting the stock’s vulnerability amid current market conditions. Over the last week, the stock has lost 14.38%, while the Sensex gained 0.54%. The one-month performance shows a 24.86% drop for Hexaware compared to a marginal 0.14% decline in the Sensex. Over three months, the stock has fallen 21.22%, whereas the Sensex declined by 0.83%.

Year-to-date, Hexaware has declined 28.30%, significantly underperforming the Sensex’s 1.71% fall. Over longer horizons, the stock’s returns have been muted relative to the benchmark, with zero growth over one and three years, compared to Sensex gains of 9.97% and 38.04% respectively. Even over five and ten years, Hexaware’s cumulative returns of 16.45% and 146.49% lag behind the Sensex’s 62.51% and 264.42% gains.

Technical Indicators and Market Sentiment

Hexaware’s trading below all major moving averages signals a bearish technical setup. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie above the current price level, suggesting that short-term and long-term momentum remain subdued. This technical positioning often reflects investor caution and a lack of buying interest at prevailing price levels.

The stock’s Mojo Score stands at 51.0, with a Mojo Grade of Hold, upgraded from Sell on 10 Feb 2026. Despite this recent upgrade, the stock’s market cap grade remains low at 2, indicating limited market capitalisation strength relative to peers. The downgrade in sentiment over recent weeks is evident in the stock’s persistent underperformance and the widening gap between its price and key technical benchmarks.

Broader Market Dynamics

The Sensex’s current position below its 50-day moving average, although with the 50DMA above the 200DMA, reflects a mixed market environment. While the index has shown resilience with a three-week consecutive rise, pockets of weakness remain, particularly in mid-cap and sector-specific stocks such as Hexaware. The divergence between the broader market’s modest gains and Hexaware’s sharp declines underscores the selective nature of current market pressures.

Investor sentiment towards the Computers - Software & Consulting sector appears cautious, with the sector’s 4.5% decline today indicating profit-taking or risk aversion. This environment has contributed to Hexaware’s price pressure, as the stock’s seven-day losing streak and 25.64% fall over that period highlight sustained selling interest.

Summary of Price Pressure Factors

The combination of sectoral weakness, technical underperformance, and broader market volatility has contributed to Hexaware Technologies Ltd’s intraday low and ongoing price pressure. The stock’s failure to hold above key moving averages and its extended losing streak reflect a challenging trading environment. While the Sensex maintains a degree of strength, Hexaware’s relative underperformance highlights the selective nature of current market pressures within the IT sector.

Investors monitoring Hexaware’s price action will note the stock’s new 52-week low and the widening gap between its current price and historical benchmarks. These factors underscore the importance of technical and sectoral context in understanding the stock’s recent performance.

Performance Overview Table

To contextualise Hexaware’s recent price action, the following performance metrics are notable:

• 1 Day: -4.15% vs Sensex -0.56%
• 1 Week: -14.38% vs Sensex +0.54%
• 1 Month: -24.86% vs Sensex -0.14%
• 3 Months: -21.22% vs Sensex -0.83%
• Year to Date: -28.30% vs Sensex -1.71%
• 1 Year: 0.00% vs Sensex +9.97%
• 3 Years: 0.00% vs Sensex +38.04%
• 5 Years: +16.45% vs Sensex +62.51%
• 10 Years: +146.49% vs Sensex +264.42%

This data highlights the stock’s persistent underperformance relative to the benchmark index across multiple timeframes, reinforcing the current downward momentum.

Conclusion

Hexaware Technologies Ltd’s intraday low of Rs 540.25 on 12 Feb 2026 reflects ongoing price pressure amid sectoral and market headwinds. The stock’s extended decline, technical weakness, and relative underperformance against the Sensex and its sector peers illustrate the challenges faced in the current trading environment. While the broader market shows pockets of resilience, Hexaware remains under pressure, with its share price testing new lows and trading below all major moving averages.

Investors and market participants will continue to observe the stock’s price action closely, particularly in relation to sector trends and broader market movements.

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