Baring PE is likely to have sold 8.4 percent stake in Hexaware via block deals. : Hexaware Technologies share price dropped as much as 16.6 percent in morning on Friday following likely dilution of stake by the promoter. About 2.8 crore equity shares exchanged hands through multiple block deals at an average price of Rs 440 per share, reports CNBC-TV18. "Baring is selling over 8 percent stake in Hexaware through a block deal. Investment bank Citi is running the transaction.