Hexaware Technologies shares fell 2.26% to close at ₹537.45 on the BSE on Wednesday, June 3, despite announcing a strategic collaboration with UK-based healthcare services provider HBSUK to enhance workforce management efficiency, according to Business Standard. The stock had earlier touched an intraday low of ₹526.40 on the National Stock Exchange (NSE) on Wednesday, reflecting broader market sell-off pressures. The scrip has gained 5% in the past week and 19% over the month, but has declined more than 29% on a year-to-date basis. While the share hit a 52-week high of ₹900 on July 9, 2025, it touched a year's low of ₹400.20 on March 12, 2026. Hexaware Technologies has a total market capitalisation of ₹32,597.70 as of June 3, 2026, according to NSE data.
HBSUK collaborated with Hexaware to implement the workforce management system on Journey36's cloud-based App36 platform, which orchestrates multiple large language models to accelerate development, deployment and ongoing configuration, as reported by Business Standard. The new solution digitises recruitment and onboarding through a secure portal where clinicians can submit credentials, identity documents, and Right-to-Work evidence online. The platform supports AI governance capabilities through Axonyx.ai to ensure responsible, transparent, and compliant use of AI across healthcare operations. Additional features, including rota management, payment reconciliation and enhancements to HBSUK's contact centre operations, are scheduled for rollout in June, Hexaware stated. The collaboration represents a collaborative engineering approach to help healthcare organisations streamline complex workflows and deliver measurable operational agility.
R. Srikrishna, CEO and Executive Director of Hexaware Technologies, commented that through their collaborative engineering approach, they are helping healthcare organisations streamline complex workflows and deliver measurable operational agility, as reported by Business Standard. Shantanu Baruah, President & Global Head, Healthcare, Life Sciences & Insurance of Hexaware Technologies, noted that clinician onboarding often involves fragmented systems and multiple manual verification steps, adding that by bringing these processes together on a single AI-enabled platform, healthcare organisations gain a more scalable and transparent way to manage clinician workforce operations. Keith Misson, CEO of HBSUK, said the ability to respond to business needs and core workflows with such speed has been a key highlight of this collaboration, with the partnership better positioning them to support healthcare providers across the UK. "By working together to design systems that truly fit our operations, we are better positioned to support healthcare providers across the UK," Misson stated.
Hexaware Technologies reported mixed financial results for Q4CY25, with consolidated profit declining 9.1% year-on-year to ₹291.6 crore compared with ₹320.7 crore in Q4CY24, according to Business Standard. On a sequential basis, reported profit fell 21.2% quarter-on-quarter from ₹369.9 crore in Q3CY25. However, revenue in rupee terms rose 10.3% year-on-year to ₹3,478.2 crore in Q4CY25, compared with ₹3,154.4 crore in Q4CY24. On a quarter-on-quarter basis, revenue was marginally lower by 0.2% from ₹3,483.6 crore in Q3CY25. Hexaware Technologies serves a diverse range of customers, including 30+ Fortune 500 organizations as a global digital and technology services company.
