Hexaware Technologies Share Price Gains Nearly 3% After AI Platform Leadership Revamp

The Hexaware Technologies share price climbed nearly 3% during Thursday’s trading session after the information technology company announced a new leadership appointment to strengthen its artificial intelligence platform business.

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The stock was trading at ₹536.15 in afternoon trade, up 2.66% for the day. Despite the latest gains, the Hexaware Technologies share price has declined 29.3% so far in 2026, compared with an 8% fall in the Nifty 50 during the same period. The company currently has a market capitalisation of about ₹32,760 crore.

New Chief Platform Officer to Lead AI Portfolio

Hexaware Technologies has appointed Srinivasan Panchapakesan as President and Chief Platform Officer, a newly created position within the company.

According to the company’s announcement, Panchapakesan will be responsible for leading the development, integration and expansion of Hexaware’s platform portfolio as it strengthens its artificial intelligence capabilities across enterprise solutions.

His responsibilities will include defining the roadmap, governance framework and enterprise-scale adoption strategy for the company’s integrated platform ecosystem.

Focus on AI-Driven Enterprise Platforms

The executive will oversee several of Hexaware’s technology platforms, including Amaze for cloud modernisation, RapidX for AI-enabled software engineering, Tensai for agentic IT operations and Agentverse, the company’s enterprise AI agent platform.

In addition to platform development, Panchapakesan will also work on expanding strategic partnerships across the artificial intelligence ecosystem to support the company’s technology offerings.

The Hexaware Technologies share price reacted positively to the announcement as investors assessed the company’s continued focus on AI-led services and platform-based solutions.

Company Strengthens AI Strategy

The appointment comes as technology companies continue to increase investments in artificial intelligence, automation and cloud-based enterprise platforms to support digital transformation initiatives for clients.

Through the creation of the Chief Platform Officer position, the management at Hexaware Technologies is able to streamline the control of its various AI platforms under one management system that will help to ensure product development and enterprise adoption.

With artificial intelligence being one of the primary areas of investment in the technology industry, the performance of the company’s platform strategy for future growth will continue to be watched by market players. It will be important to follow up on the stock price of Hexaware Technologies through further developments of its AI programs and enterprise platforms.