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575% Dividend Announced: Hexaware Technologies Sets Record Date, Shares Fall

Hexaware Technologies Ltd shares today plunged 4.00% on Bombay Stock Exchange (BSE) to Rs 656.25 per share. The Board of Directors of the IT sector company today recommended 1st interim dividend of Rs 5.75/- (575%) per equity share of the face value of Re 1/- each. The company has also fixed record date for the interim dividend. The company has a market capitalisation of Rs 39,879.96 crore. Check more details below:

Hexaware Technologies Recommends Interim Dividend

According to the exchange filing of Hexaware Technologies dated April 4, 2025, β€œIn furtherance to our intimation dated April 01, 2025, we wish to inform that the Board of Directors of the Company at its meeting held today i.e. April 04, 2025, declared 1st interim dividend of Rs 5.75/- (575%) per equity share of β‚Ή 1/- each for the financial year 2025.

575% Dividend Announced: Hexaware Technologies Sets Record Date, Shares Fall

Hexaware Technologies Sets Record Date For Interim Dividend

The exchange filing added, β€œFurther, we wish to inform you that pursuant to Regulation 42 of SEBI (Listng Obligations and Disclosure Requirements) Regulations, 2015, the record date for the purpose of interim dividend will be April 15, 2025. The interim dividend declared will be paid to those shareholders, whose names appear in the Register of Members and / or Depositories as on April 15, 2025, being the Record Date fixed by the Company for this purpose.”

The dividend will be paid on April 23, 2025, added the bse filing.

Hexaware Technologies Shares Performance

The 52-week high price of Hexaware Technologies shares on BSE is Rs 850.00 per share (as on 27/02/2025) and 52-week low price is Rs 645.65 per share (as on 04/04/2024), respectively. The shares of large cap company slipped 6.32% in last 1-week, slid 9.89% in last 2-weeks, and recorded sharp fall of 18.07% in last 1-month.

Hexaware Technologies Financials Compared With Peers

The company for the quarter ended December 2024 declared its profit after tax at Rs 196.90 crore. In comparison, TCS reported its PAT at Rs 11,832.00 crore, MPHASIS announced a PAT of Rs 376.43 crore, and Coforge reported a PAT of Rs 105.90 crore for the similar quarter.

Earlier, Hexaware Technologies listed at a premium of 5.3% on the exchange on February 19, 2025. The stock made its debut on BSE at Rs 731 (at a premium of 3.25%) against the issue price of Rs 708 per share.

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