Hexaware Technologies Ltd Hits Intraday Low Amid Price Pressure on 6.43% Decline

Intraday Price Movement and Volatility

The stock opened sharply lower with a gap down of 2.7%, signalling immediate bearish sentiment from the outset of trading. Throughout the day, Hexaware Technologies witnessed heightened volatility, with an intraday volatility of 31.66% calculated from its weighted average price. This elevated price fluctuation culminated in the stock touching an intraday low of Rs 572.25, representing a decline of 10.62% from the previous close. The day’s overall price change settled at a negative 6.43%, marking a pronounced drop within the Computers - Software & Consulting sector.

Comparative Performance and Market Context

Hexaware’s decline notably outpaced the sector’s performance, underperforming by 7.48% on the day. When compared to the Sensex, which traded marginally down by 0.18% at 83,167.43 points after a flat opening, Hexaware’s 6.29% one-day loss starkly contrasts with the benchmark’s relative stability. The Sensex remains 3.6% below its 52-week high of 86,159.02, while Hexaware’s stock price has now reached a new 52-week low, underscoring the stock’s relative weakness amid a broadly steady market backdrop.

Recent Trend and Moving Averages

The stock has been on a downward trajectory for three consecutive trading sessions, accumulating a loss of 18.6% over this period. This sustained decline reflects persistent selling pressure and a lack of upward momentum. Technical indicators further highlight the bearish trend, with Hexaware trading below all key moving averages — the 5-day, 20-day, 50-day, 100-day, and 200-day averages — signalling a broad-based weakness across short, medium, and long-term timeframes.

Performance Over Various Time Horizons

Examining Hexaware’s performance over longer periods reveals a pattern of underperformance relative to the Sensex. Over the past week, the stock declined by 13.99%, while the Sensex gained 1.06%. The one-month return for Hexaware stands at -18.86%, significantly lagging the Sensex’s -2.26%. Over three months, the stock fell 14.13% compared to the Sensex’s marginal 0.20% decline. Year-to-date, Hexaware has lost 21.53%, whereas the Sensex is down by only 2.44%. Even on a one-year and three-year basis, Hexaware’s returns have remained flat at 0.00%, contrasting with the Sensex’s positive returns of 6.51% and 37.41%, respectively. Over five and ten years, the stock has delivered 27.46% and 143.95% returns, trailing the Sensex’s 63.89% and 237.75% gains, respectively.

Market Capitalisation and Ratings

Hexaware Technologies holds a Market Cap Grade of 2, indicating a mid-tier market capitalisation within its sector. The company’s Mojo Score remains at 0.0, with no current rating assigned. Previously, the stock was graded as Hold, but this rating was changed on 12 Jan 2026. The absence of an upgraded rating or positive score reflects the cautious stance maintained by rating agencies amid the recent price weakness.

Sector and Broader Market Dynamics

The Computers - Software & Consulting sector, to which Hexaware belongs, has experienced mixed performance in recent sessions. While the broader Sensex index trades below its 50-day moving average, the 50DMA itself remains above the 200DMA, suggesting that the market is in a phase of consolidation rather than a decisive downtrend. However, Hexaware’s sharper decline relative to both its sector and the Sensex highlights company-specific pressures that have intensified selling activity.

Summary of Price Pressure and Market Sentiment

Hexaware Technologies Ltd’s sharp intraday decline to Rs 572.25 reflects a pronounced price correction amid a backdrop of subdued market sentiment. The stock’s underperformance relative to its sector and the Sensex, combined with its breach of multiple moving averages, signals a challenging trading environment. The persistent three-day losing streak and elevated volatility underscore the immediate pressures weighing on the stock. While the broader market remains relatively stable, Hexaware’s price action today highlights company-specific factors contributing to investor caution and selling momentum.

Technical Indicators and Outlook

From a technical perspective, the stock’s position below all major moving averages suggests that short-term and long-term momentum indicators are aligned with the current downtrend. The intraday volatility of 31.66% is unusually high, indicating significant uncertainty and active trading interest at lower price levels. The gap down opening and subsequent fall to a new 52-week low reinforce the bearish technical signals. These factors collectively point to a continuation of price pressure in the near term unless a reversal is triggered by renewed buying interest or positive developments.

Conclusion

In summary, Hexaware Technologies Ltd’s performance on 6 Feb 2026 was marked by a steep intraday decline, hitting a fresh 52-week low amid heightened volatility and sustained selling pressure. The stock’s relative weakness compared to its sector and the Sensex, combined with its technical positioning below key moving averages, reflects a challenging market environment. Investors and market participants will be closely monitoring subsequent sessions for signs of stabilisation or further downside momentum.

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