Hexaware Tech ends down 7% on Baring Asia stake sale reports

Shares of Hexaware Technologies today slumped about 7 per cent at the close after media reports said private equity firm Baring Asia is planning to sell 20 per cent stake in the company.
The shares of the company went down 6.62 per cent to end the day at Rs 253.10 on BSE. Intra-day, it touched a low of Rs 251.15.
On NSE, the stock closed at Rs 254, down 6.32 per cent. A total of 27,28,177 shares changed hands on the exchange.
According to reports, Baring Asia is looking to sell 20 per cent stake in the firm through block deals.