Sensex Today | Stock Market LIVE Updates: Sensex tumbles 1,000 pts, Nifty below 23K; Zomato, Tata Steel among top losers

Sensex Today | Stock Market LIVE Updates: Hexaware relisting an opportunity to tap a mid-tier IT growth engine

Hexaware Technologies, a mid-tier IT services exporter, plans to raise ₹8,750 crore through an offer for sale by its promoter, the Carlyle Group. Following the IPO, Carlyle’s stake will decrease from 95% to 75%. The company serves prominent global clients across key sectors, including banking and finance, capital markets, healthcare, and insurance. Over the past two years, Hexaware has achieved double-digit growth in both revenue and profit. The IPO is priced more competitively compared to some of its mid-tier peers.