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Hexaware Shares Surge 12% After Multi‑Year Deal With Anthropic

Hexaware Technologies shares rose more than 12% during morning trading on Friday, October 9, 2026, after the company announced a multi‑year partnership with US‑based artificial intelligence firm Anthropic. The deal positions Hexaware as a Preferred Partner in Anthropic’s Claude Partner Network, integrating Claude into the core of two Hexaware platforms: Zerovity, an AI‑native engineering platform, and AgentVerse, a build‑and‑governance platform featuring over 600 pre‑built agents. The announcement attracted significant investor attention, driving the stock to an intraday high of ₹574.50 from ₹511.40 at the previous close.

NSE data recorded a 12.3% surge, with trading volume exceeding 1.48 crore equity shares, a 69.20‑fold increase over the one‑week average of 2,143,10 shares. Friday’s volume also surpassed the two‑week average of 1,72,527 shares, underscoring heightened market interest. The high‑volume momentum contributed to the intraday gains, reflecting investor enthusiasm for the AI partnership and its potential to accelerate Hexaware’s service delivery.

Under the partnership, Hexaware will deploy Claude to deliver outcome‑based services across IT operations and software engineering, aligning with enterprise clients’ shift toward results rather than effort. The company boasts more than 1,100 Claude‑certified professionals and plans to expand Claude training across its delivery teams. Hexaware and Anthropic will collaborate on go‑to‑market strategies, joint solution development, and customer deployments, aiming to accelerate production results for clients at predictable costs.

Hexaware’s President & Global Head – AI, Siddharth Dhar, highlighted the integration of Claude into Zerovity™ and AgentVerse™, stating that this will enable clients to reach production results faster and at a cost they can plan around. The partnership is expected to strengthen Hexaware’s AI capabilities and enhance its competitive positioning in the global IT services market.

The market reaction also coincided with leadership news: Hexaware appointed Vivek Jetley as CEO Designate, who will assume the role on October 28, 2026. Jetley’s experience in scaling global businesses, managing large P&Ls, and creating growth engines during technology disruptions is viewed positively by investors, adding to the stock’s appeal.

Hexaware’s shares have experienced a 24% decline over the past year and a 28% drop YTD in 2026, yet they have risen 6.5% in the last month and 10.7% in the last five market sessions. The company’s market capitalisation stood at ₹33,260 crore on Friday, October 9, 2026, after reaching a 52‑week high of ₹807.75 on December 4, 2025, and a low of ₹400.20 on March 12, 2026. The recent 12% rally reflects renewed investor confidence in the AI partnership and future growth prospects.