This Tech Giant Announces First Interim Dividend of Rs 5.75 Per Share for FY25, Record Date Set for April 15, 2025
The company's market capitalization is Rs 39,880 crore, and its Price-Earnings (PE) Ratio is 49.23.
Hexaware Technologies Limited has declared a first interim dividend of Rs 5.75 per equity share for the financial year 2025. The decision was confirmed during a board meeting on April 4, 2025, with the record date established as April 15, 2025. Shareholders listed in the register by this date will receive the dividend payment on April 23, 2025. This announcement underscores the firm's dedication to rewarding its shareholders, even as it continues to pursue strategic initiatives and technological advancements.
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Hexaware Technologies Ltd, founded in 1992, is a global pioneer in digital and technology services, with a robust emphasis on artificial intelligence. The company provides a variety of AI-enabled digital platforms, including RapidX™ for digital transformation, Tensai® for AI-powered automation, and Amaze® for cloud adoption. Its services encompass design and build, secure and run, data and AI, optimize, and cloud services. Hexaware operates in several business sectors such as financial services, healthcare and insurance, manufacturing and consumer, hi-tech and professional services, banking, and travel and transportation. The company has a global delivery presence with 39 delivery centres and 16 offices worldwide.
In the financial year 2024, the USA accounted for 73 per cent of its revenue, followed by Europe at 20 per cent and APAC at 7 per cent. The company voluntarily delisted in November 2020 and reissued its IPO in February 2025, raising Rs 8,750 crore.
As of April 7, 2025, the stock price of Hexaware Technologies Limited stands at Rs 656.25. The 52-week high for the stock is Rs 828.85, and the 52-week low is Rs 683.6. The company's market capitalization is Rs 39,880 crore, and its Price-Earnings (PE) Ratio is 49.23.
Investors should keep an eye on this Mid-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.