From mint · Nishant Kumar · · 1m 20s
Hexaware Shares Surge 12% in 5th Straight Session
Hexaware Technologies shares jump 12% after multi-year partnership with Anthropic.
In brief
Hexaware Technologies shares jump 12% after multi-year partnership with Anthropic. Hexaware Technologies shares surged 12% in intraday trade on 9 October, up for fifth consecutive session following a multi-year partnership announcement with Anthropic. Originally reported by mint.
Hexaware Shares Surge 12%
Hexaware Technologies share price surged 12% in intraday trade on 9 October, rising for the fifth consecutive session.
Partnership with Anthropic Announced
The company announced a multi-year partnership with Anthropic on Thursday, 8 October, becoming a preferred partner in Anthropic’s Claude Partner Network.
1,100 Claude-Certified Professionals
Hexaware has more than 1,100 Claude-certified professionals to work on go-to-market, joint solution development, and customer deployments.
Stock Trend Over Six Months
Hexaware Tech share price is up 13% over the last six months, compared to a 6% fall in Sensex and a 10% decline in the BSE IT index.
Year-to-Date Decline
Year-to-date, the stock is down 29% compared to a 15% drop in Sensex and a 26% decline in the BSE IT index.
Technical Analysis
Analysts say the stock is in a downtrend with negative crossovers between EMAs and approaching resistance levels of ₹ 585, ₹ 620.
What's Next for Stock
The stock may fall from resistance levels, but could rise to ₹ 720 if it crosses ₹ 585 convincingly.
The headline
Hexaware Technologies shares surged 12% in intraday trade on 9 October, up for fifth consecutive session following a multi-year partnership announcement with Anthropic.
