Hexaware Shares Rise 3% on Chief Platform Officer Appointment
Shares of Hexaware Technologies climbed on Thursday, July 9, touching a day’s high of Rs 537.05 on the NSE after a fresh leadership appointment. Hexaware named Srinivasan Panchapakesan as its President and Chief Platform Officer, a newly created role. The appointment took effect immediately. His job will be to bring... The post Hexaware Shares Rise 3% on Chief Platform Officer Appointment appeared first on Equitypandit.
Shares of Hexaware Technologies climbed on Thursday, July 9, touching a day’s high of Rs 537.05 on the NSE after a fresh leadership appointment.
Hexaware named Srinivasan Panchapakesan as its President and Chief Platform Officer, a newly created role. The appointment took effect immediately.
His job will be to bring together the company’s various technology platforms under one roof, rather than having them work separately.
These platforms include Amaze, which handles cloud modernisation, RapidX for AI-driven software engineering, Tensai for automated IT operations, and Agentverse, built for enterprise AI agents.
Going forward, these will function as one connected system across AWS, Azure and Google Cloud instead of operating in silos. Panchapakesan is no newcomer to the company.
He has spent more than 27 years at Hexaware out of a 35-year career in the industry, and was previously the firm’s Global Delivery Head for Digital and Software.
He is also known as one of the architects behind both Amaze and RapidX, two platforms central to this new push.
Company CEO R Srikrishna said platforms will be central to how Hexaware serves enterprise clients over the coming decade, adding that Panchapakesan has the right mix of technical depth and client understanding for the role.
Despite Thursday’s gains, the stock has had a difficult year so far. It remains down close to 30% in 2026, a period during which the broader Nifty 50 has fallen roughly 8%. On a one year basis, the stock is down around 40%.
At 13:40 pm, Hexaware shares were trading at Rs 534.25 on the NSE, up 2.30% for the day. The company’s market capitalisation currently stands at around Rs 32,646 crore.
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The post Hexaware Shares Rise 3% on Chief Platform Officer Appointment appeared first on Equitypandit.
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