Monday 10 February 2014

Hexaware Technologies shines on getting nod for scheme of merger

Hexaware Technologies is currently trading at Rs. 143.80, up by 3.80 points or 2.71 % from its previous closing of Rs. 140.00 on the BSE.

The scrip opened at Rs. 142.00 and has touched a high and low of Rs. 144.00 and Rs. 140.00 respectively. So far 135814 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 145.70 on 14-Jan-2014 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. 142.35 and Rs. 124.90 respectively. The current market cap of the company is Rs. 4217.76 crore.

The promoters holding in the company stood at 63.90% while Institutions and Non-Institutions held 18.97% and 10.04% respectively.

Hexaware Technologies’ board of directors at its meeting held on February 07, 2014 has approved the scheme of merger of the wholly owned subsidiary company, Caliber Point Business Solutions with the Company.

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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