Hexaware Technologies Share Price Gains 7%, Becomes Top BSE Midcap Gainer After Anthropic Partnership

Shares of Hexaware Technologies rose nearly 7% on Monday, June 29, after the IT services company announced that it had become an Anthropic Authorised Reseller for Amazon Bedrock. As of 12:20 pm, the stock was up nearly 7% after touching an intraday high of ₹534, making it the top performer on the BSE Midcap index.

The gains came despite weakness in the broader market. At 12:20 pm, the Sensex was down 286.42 points, or 0.37%, at 76,814.05, while the Nifty 50 declined 74.75 points, or 0.31%, to 23,981.25. The Nifty Midcap 100 and Nifty Smallcap 100 indices also fell 0.8% and 0.87%, respectively.

Why Did Hexaware Technologies Shares Rise?

The rally followed the company's announcement last week that it had been named an Anthropic Authorised Reseller for Amazon Bedrock. The designation makes Hexaware one of a select group of companies globally authorised to sell, integrate and support Anthropic's Claude AI models for enterprise customers.

The partnership expands Hexaware's enterprise AI offerings and strengthens its AI-first strategy by enabling it to provide end-to-end AI services, including model access, customisation, implementation and managed services through Amazon Bedrock.

What Does the Partnership Mean for Hexaware?

According to the company, the collaboration will help enterprises deploy Claude-powered AI solutions across a range of use cases, including intelligent document processing, automated compliance, customer service, clinical data summarisation, supply chain intelligence and AI-assisted software engineering.

The arrangement also allows Hexaware to offer customised deployments with domain-specific model tuning, tailored prompts, consolidated billing, SLA-backed support and a single commercial framework for enterprise customers.

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The company is also scaling Claude-powered solutions across software development, private equity transformation and cybersecurity through its dedicated AI Centre of Excellence.

Despite Monday's rally, Hexaware Technologies shares remain down 37.9% over the past one year, compared with a 6% decline in the Nifty 50. The stock has, however, recovered in recent months, gaining 20.5% over the past three months and nearly 5% over the last one month.