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Hexaware Technologies Limited ( (IN:HEXT) ) has shared an update.
Hexaware Technologies Limited has disclosed a legal dispute involving allegations of patent infringement and breach of contract filed by Natsoft Corporation and Updraft LLC against the company and its subsidiary, Hexaware Technologies Inc., in the United States District Court, Northern District of Illinois. While the company has not yet received formal communication regarding the lawsuit, it believes the claims lack merit and anticipates no significant financial impact, with steps being taken to address the matter legally.
More about Hexaware Technologies Limited
Hexaware Technologies Limited operates in the IT services industry, providing technology solutions and consulting services. The company focuses on delivering digital transformation services to clients across various sectors.
Average Trading Volume: 34,519
Technical Sentiment Signal: Strong Sell
Current Market Cap: 411.3B INR
Find detailed analytics on HEXT stock on TipRanks’ Stock Analysis page.