• Hexaware Technologies shares declined 6.33% to ₹459.40 after failing to sustain above the recent rebound zone near ₹490–500.
• The company reported December 2025 standalone total income of ₹1,85,280 lakh and net profit of ₹10,030 lakh.
• The stock remains below its 50-day SMA near ₹484.31, indicating that the broader trend is still under pressure.

Overview

Hexaware Technologies (NSE: HEXT) slipped sharply on April 22 as the recent rebound lost momentum near the ₹500 area. The stock opened at ₹481.00 and touched an intraday high of ₹484.90 before reversing lower to ₹459.40.

The decline comes after a brief recovery from the March lows near ₹410. However, the stock failed to move above its 50-day SMA near ₹484.31, which has once again emerged as an overhead hurdle.

Fundamental View

Hexaware Technologies reported standalone total income of ₹1,85,280 lakh for the December 2025 quarter. Profit before tax stood at ₹15,930 lakh, while net profit came in at ₹10,030 lakh with earnings per share of ₹1.65.

The company continues to benefit from demand in cloud, automation, and digital transformation services. However, investors remain cautious because of elevated promoter encumbrance levels and the stock’s weaker price structure over the last few months.

While the business remains profitable, the market appears to be looking for stronger earnings momentum before re-rating the stock.

Technical View

Hexaware Technologies is trading near ₹459.40 and remains below its 50-day SMA at ₹484.31. This indicates that the broader trend is still weak despite the recovery seen earlier this month.

The stock recently approached the ₹500 region but failed to sustain higher levels. The sharp rejection from that area suggests that sellers remain active near the upper band. Unless the stock moves back above the ₹500–550 zone, the rebound may continue to face pressure.

The recent structure indicates that the stock may drift toward lower support levels if weakness persists over the next few sessions.

Key Technical Levels

The ₹410–370 range may act as the next support area if the current decline continues. A move below ₹410 could expose the stock to deeper downside toward the lower end of this band.

On the upside, Hexaware is facing resistance near ₹500–550. The stock is currently trading below this band, and unless it reclaims this zone, the near-term recovery may remain limited.

Source: TradingView

Risks To Watch

• Failure to hold above the ₹410 support area
• Continued weakness below the 50-day SMA
• High promoter encumbrance may keep investor sentiment cautious
• Repeated rejection near the ₹500 resistance band could limit recovery

Summary

Hexaware Technologies remains under pressure after failing to hold its recent rebound above the ₹490–500 zone. Although the company continues to report profitable operations, the stock is still trading below its 50-day SMA and below a key resistance band. Unless the stock regains the ₹500–550 area, the broader structure may stay weak, while support is placed near ₹410–370.

FAQs

Why did Hexaware Technologies shares fall today?

The stock declined after the recent rebound stalled near the ₹500 zone and the stock failed to move above its 50-day SMA.

What are the key levels to watch?

Support is seen at ₹410–370, while resistance is placed in the ₹500–550 range.

Is the broader trend still weak?

Yes. The stock remains below its 50-day SMA and below the major resistance band, indicating that the broader trend is still under pressure.