Tuesday 10 December 2013

Hexaware Technologies shines on getting nod for merger of WOS with itself

Hexaware Technologies is currently trading at Rs. 120.80, up by 3.15 points or 2.68% from its previous closing of Rs. 117.65 on the BSE.

The scrip opened at Rs. 121.50 and has touched a high and low of Rs. 121.50 and Rs. 118.40 respectively. So far 67,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 139.35 on 11-Nov-2013 and a 52 week low of Rs. 72.30 on 25-Jun-2013.

Last one week high and low of the scrip stood at Rs. 122.05 and Rs. 112.10 respectively. The current market cap of the company is Rs. 3,622 crore.

The promoters holding in the company stood at 43.47% while Institutions and Non-Institutions held 30.19% and 19.23% respectively.

Hexaware Technologies has received its board approval to merger of the wholly owned subsidiary (WOS) company, Caliber Point Business Solutions (a BPO service provider) with itself. The board at its meeting held on December 09, 2013 has approved for the same.

Hexaware Technologies (HTL) 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.

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