Hexaware Technologies Share Price Jumps 4.55% as Company Joins Project NANDA AI Agents Fellowship

September 15, 2026
Posted by: Harsh Piplani
Category: News

Hexaware collaborates with Project NANDA Fellowship, 3-month AI fellowship hosted by FAN, for open-source AI agent infrastructure. Stock up 4.55% at Rs 519.80.

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Hexaware Technologies share price rose 4.55 percent to Rs 519.80 after the company announced its collaboration with Project NANDA Fellowship, a three-month, fully remote AI fellowship program that gives developers direct, hands-on experience building open-source infrastructure for the emerging Internet of AI Agents. The fellowship is hosted by FAN, the umbrella program behind Project NANDA, and is supported by Hexaware as part of its participation in the open agentic web ecosystem. The stock touched an intraday high of Rs 527.00 and an intraday low of Rs 497.25 during the session.

Hexaware Technologies share price gained 4.55 percent after the IT services company announced its collaboration with Project NANDA Fellowship, a three-month AI fellowship program focused on building open-source infrastructure for what is being described as the emerging Internet of AI Agents.

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According to the announcement, Hexaware Technologies is collaborating with Project NANDA Fellowship, a three-month, fully remote AI fellowship program that provides developers with direct, hands-on experience building open-source infrastructure for the emerging Internet of AI Agents. The fellowship is hosted by FAN, the broader umbrella program behind Project NANDA, with Hexaware’s support reflecting the company’s stated participation in what it describes as the open agentic web ecosystem.

The concept of an Internet of AI Agents refers to an emerging area of technology infrastructure focused on enabling autonomous AI agents to interact, transact and collaborate with one another across different systems and platforms, an area that has attracted growing attention across the technology industry as generative AI capabilities have matured from single-interaction chatbots toward more autonomous, multi-step agentic systems capable of completing complex tasks with less direct human oversight.

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Hexaware Technologies share price responded strongly to the announcement, quoting at Rs 519.80, up Rs 22.60, or 4.55 percent, having touched an intraday high of Rs 527.00 and an intraday low of Rs 497.25. The scale of this positive reaction suggests the market views this AI-focused collaboration favourably, consistent with the broader pattern seen across the IT services sector where companies actively positioning themselves around artificial intelligence capabilities have generally drawn positive investor attention.

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For an IT services company like Hexaware, participation in an initiative focused on open-source AI agent infrastructure carries strategic significance beyond the fellowship program itself, since early involvement in emerging technology standards and open-source ecosystems can position a company favourably to develop expertise, talent pipelines and potential commercial offerings around agentic AI technologies before they become more mainstream and competitively contested within the broader IT services industry.

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This announcement also comes at a time when the broader narrative around artificial intelligence’s impact on traditional IT services has been a source of both opportunity and anxiety for the sector, with some market participants weighing whether AI capabilities will primarily disrupt legacy IT services revenue models or create new avenues for growth through AI-enabled service offerings. Hexaware’s proactive engagement with emerging AI agent infrastructure, of the kind reflected in this Project NANDA Fellowship collaboration, positions the company as actively working to capture value from this technology shift rather than simply reacting to it.

For investors tracking Hexaware Technologies share price following this announcement, useful signals to watch going forward will include whether this fellowship collaboration translates into tangible commercial offerings or client engagements around agentic AI infrastructure, how the company’s broader AI strategy evolves across its various technology partnerships, and upcoming quarterly results for evidence of how AI-related initiatives are contributing to the company’s overall growth and deal pipeline.

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Hexaware Technologies’ collaboration with Project NANDA Fellowship, focused on open-source infrastructure for the emerging Internet of AI Agents, drew a strongly positive market reaction, reflecting investor enthusiasm for the company’s proactive AI positioning. Investors should watch for how this initiative translates into commercial outcomes and how it fits into the company’s broader AI strategy in upcoming quarters.

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