Hexaware Technologies Ltd Hits Intraday Low Amid Price Pressure on 19 Feb 2026

Intraday Performance and Price Movement

On 19 Feb 2026, Hexaware Technologies Ltd, a key player in the Computers - Software & Consulting sector, recorded a sharp intraday fall, hitting a low of Rs 543.3, down 4.96% from its previous close. The stock closed the day with a loss of 5.49%, underperforming its sector by 4.67%. This decline marks the second consecutive day of losses, with the stock falling a cumulative 8.83% over this period.

Trading below all major moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — Hexaware’s technical indicators signal sustained downward momentum. The stock is currently just 4.06% above its 52-week low of Rs 521.25, underscoring the persistent pressure on its price levels.

Market Context and Sector Comparison

The broader market environment has been challenging. The Sensex, after opening 235.57 points higher, reversed sharply to close down 1,508.45 points, or 1.52%, at 82,461.37. Despite this decline, the Sensex remains 4.48% below its 52-week high of 86,159.02. While the Sensex trades below its 50-day moving average, the 50DMA itself remains above the 200DMA, indicating mixed medium-term market signals.

Hexaware’s one-day performance of -5.59% notably lagged the Sensex’s -1.53% decline. Over longer periods, the stock’s underperformance is more pronounced: a one-month return of -25.46% versus the Sensex’s -0.95%, and a three-month return of -25.98% compared to the Sensex’s -3.21%. Year-to-date, Hexaware has declined 29.41%, significantly underperforming the Sensex’s 3.25% fall.

Mojo Score and Rating Update

Hexaware Technologies currently holds a Mojo Score of 48.0, reflecting a Sell rating, which was downgraded from Hold on 15 Feb 2026. This downgrade aligns with the stock’s recent price weakness and deteriorating technical indicators. The company’s Market Cap Grade stands at 2, indicating a mid-tier market capitalisation relative to peers in the Computers - Software & Consulting sector.

The downgrade and low Mojo Score suggest that the stock is facing immediate headwinds, with the current market sentiment skewed towards caution. The stock’s sustained underperformance relative to the Sensex and its sector peers further emphasises the prevailing price pressure.

Technical and Trend Analysis

Hexaware’s trading below all key moving averages signals a bearish trend. The 5-day and 20-day averages, which often indicate short-term momentum, are both above the current price, suggesting that recent selling pressure has been persistent. The 50-day, 100-day, and 200-day moving averages, which reflect medium to long-term trends, also remain above the stock price, reinforcing the downward trajectory.

Such technical positioning often results in increased selling interest as traders and algorithms respond to these signals. The proximity to the 52-week low further adds to the cautious stance among market participants, as the stock approaches historically weak price levels.

Sector and Industry Performance

The Computers - Software & Consulting sector has experienced mixed performance in recent sessions, with Hexaware’s underperformance standing out. The sector’s broader challenges have contributed to subdued investor sentiment, which has weighed on mid-cap stocks like Hexaware. The stock’s 1-year return of -28.64% contrasts sharply with the Sensex’s positive 8.58% gain over the same period, highlighting the stock’s relative weakness.

Longer-term performance metrics show that Hexaware has lagged the benchmark index significantly over 3-year and 5-year horizons, with returns of 0.00% and 14.65% respectively, compared to the Sensex’s 35.17% and 62.03%. Even over a 10-year period, the stock’s 134.14% gain trails the Sensex’s 247.78% appreciation, underscoring persistent challenges in maintaining market leadership.

Summary of Price Pressure and Market Sentiment

Hexaware Technologies Ltd’s intraday low and overall decline today reflect a combination of sector headwinds, technical weakness, and broader market volatility. The stock’s underperformance relative to the Sensex and its sector peers, coupled with its downgrade to a Sell rating, indicates that immediate price pressures remain significant.

Market sentiment towards the stock is cautious, as evidenced by its trading below all major moving averages and proximity to its 52-week low. The sharp reversal in the Sensex today, which fell 1.52% after a positive start, further contributed to the negative momentum impacting Hexaware.

Investors and market participants are likely to continue monitoring the stock’s technical levels closely, given the sustained downward trend and the absence of any immediate positive catalysts in the current trading session.

Longer-Term Context

While Hexaware Technologies Ltd has delivered positive returns over a decade, its recent performance and current market positioning suggest ongoing challenges in regaining upward momentum. The stock’s relative weakness compared to the benchmark index and sector peers highlights the need for sustained improvement to reverse the current trend.

For now, the stock remains under pressure, with today’s intraday low serving as a clear indicator of the prevailing market sentiment and price dynamics.

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