Invesco Mutual Fund decreased its stake in Hexaware Technologies Limited from 2.16% to 1.38%, selling 4,749,003 shares.
A technology services company providing artificial intelligence-based digital and technology solutions to enterprises across the globe. Incorporated in 1992, Hexaware Technologies specializes in digital transformation, cloud services, IT infrastructure management, and software development across various industries and sectors. The company distinguishes itself through its focus on AI-driven solutions, automation capabilities, and comprehensive end-to-end service delivery to multinational clients and organizations worldwide.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
