Hexaware Technologies Shares Surge 12 Percent Following Anthropic Partnership
· Business · LiveMint, Moneycontrol
Hexaware Technologies shares rose 12.4% to an intraday high of ₹574.45 on the BSE on Friday, marking a fifth consecutive session of gains. The stock price increase follows the company's announcement of a multi-year partnership with AI firm Anthropic. Under this agreement, Hexaware will join the Claude Partner Network, with over 1,100 of its professionals becoming Claude-certified. Despite the recent rally, the stock remains down 29% year-to-date. Analysts suggest the stock is currently in a downtrend and faces resistance at the ₹585 level.
Why it matters
The partnership with Anthropic positions Hexaware to expand its AI service offerings, though market analysts remain cautious about the stock's long-term technical trend.
Read the original report — LiveMint
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