Hexaware Technologies shares fell as much as 8.1 per cent to its lowest since March 25.
However, by 9.45 am, the stock had pared some of its losses and was trading at Rs 290, down Rs 19 or 6.15 per cent on the BSE.
The company's January-March earnings were below estimates, said analysts
Hexaware has reported net profit of Rs 83.35 crore against consensus forecast of Rs 101 core.