Hexaware Technologies’ IPO received a decent response with a subscription rate of just over 2 times. The company will finalise share allotment today. Despite a marginal GMP of Rs 1, Hexaware has shown consistent growth in recent years, increasing revenue significantly from Rs 7,178 crore in CY21 to Rs 10,380 crore in CY23.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj