Hexaware Technologies Ltd on Thursday said that it has opened a European development centre at Bad Homburg in Germany.
Hexaware Technologies Ltd decided to 11,871 shares of Rs 10 each under and employee stock option sceme.
IT major, Hexaware Technologies, plans to hire 400-500 fresh engineers in the current calendar year, a top company official said.
Hexaware Technologies Ltd board will meet on February 17 to consider audited financial results for the year ended December 31, 2002.
Hexaware Technologies Ltd will publish the audited results within a period of three months from the end of the last quarter of the financial year i.e. December 31.
The Chennai-based Hexaware Technologies has received a multi-million dollar contract from a US-based customer to provide human resource solutions.
Hexaware Technologies Ltd posted a net profit of Rs 74.12 million for the quarter ended December 31, 2002 where as it had posted a net loss of Rs 84.71 million for the quarter ended December 31, 2001.
Defying an overall sluggish market sentiment, IT stocks on Wednesday rose by up to 4 per cent amid the rupee sinking to a life low of 68.75 against the dollar.
IT stocks on Wednesday rose as much as 3 per cent in an otherwise weak stock market after sentiments turned buoyant amid the rupee sinking to an all-time low of 60.35 against the dollar, as the stronger US currency boosts the sales of software firms in rupee terms.
Shares of Infosys surged almost 7 per cent on Friday after the IT major reported a 13 per cent growth in consolidated net profit for the quarter ended December 2014.
IT stocks attracted robust demand on Monday, rising by as much as over 2 per cent, on hopes that the rupee's weakness will boost dollar revenues of the software firms.
Infosys forecast a 10.8-12.3 per cent sales growth in the US dollar terms for 2016-17.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
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