Hexaware Technologies Ltd.

BSE: 544362 | NSE: HEXT
Mid Cap | IT - Software
759.20
-5.40 (-0.71%)
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Hexaware Technologies soars on getting approval for merger of Caliber Point with itself

Date: 30-10-2014

Hexaware Technologies is currently trading at Rs. 195.85, up by 5.10 points or 2.67% from its previous closing of Rs. 190.75 on the BSE.

The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 196.55 and Rs. 189.95 respectively. So far 78647 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 208.40 on 30-Sep-2014 and a 52 week low of Rs. 112.10 on 06-Dec-2013.

Last one week high and low of the scrip stood at Rs. 196.55 and Rs. 184.05 respectively. The current market cap of the company is Rs. 5901.71 crore.

The promoters holding in the company stood at 64.47% while Institutions and Non-Institutions held 17.24% and 11.21% respectively.

Hexaware Technologies has received approval from Bombay High Court for the merger of its wholly owned subsidiary company -- Caliber Point Business Solutions -- with itself. A certified copy of the order sanctioning the scheme from April 1, 2013 being the appointed date has been filed electronically with MCA (ROC) on October 29, 2014 and the scheme is effective.

Hexaware Technologies is IT and Process outsourcing service provider in global space. The company provides technological solutions and specialises in Business Intelligence, Business Analytics, Enterprise Applications, Transportation, HR-IT and Legacy Modernization.