Hexaware share price plunges 9% post Q1; why you should still hold
Hexaware share price tanked a whopping 9 per cent on Wednesday even as the mid-sized IT services firm posted 25.4 per cent rise in consolidated net profit to Rs 153.6 crore for the quarter ended June 30, in-line with Street expectations. The company's net profit stood at Rs 122.4 crore in the same quarter last year, Hexaware said in a statement.
Hexaware plunged as much as 8.96 per cent to Rs 452 on the BSE. Image source: Reuters