[ad_1] Shares of Bharti Hexacom Ltd. will be in focus on Friday, April 11, after the company temporarily halted its deal to sell 3,400 towers to Indus Towers for ₹1,134 crore. This is after intervention by Govt of India entity by Telecommunications Consultants India Limited (TCIL), which owns a 15% stake in the company. The […]
This analyst prefers Bharti Hexacom shares over its parent company; Here’s why – CNBC TV18
[ad_1] Brokerage firm Motilal Oswal wrote in a note on Monday, March 10, that it prefers shares of Bharti Hexacom Ltd. over shares of its parent company Bharti Airtel Ltd., over lower concerns of its capital misallocation. The brokerage has a “buy” recommendation with a price target of ₹1,625, which implies a potential upside of […]
Bharti Hexacom shares jump 10% after being upgraded to ‘buy’ again by Jefferies – CNBC TV18
[ad_1] Shares of Bharti Hexacom Ltd. surged as much as 10% on Friday after the company’s shares were upgraded to “buy” yet again by brokerage firm Jefferies. The upgrade comes just three months after the brokerage had downgraded the stock to “hold” in June, citing expensive valuations and the run-up seen by the stock post […]
IPOs of 2024 so far have raised more money than all of 2023 – CNBC TV18
[ad_1] The year 2024 has seen a total of 57 completed IPOs so far, similar to those seen in 2023. However, the same 57 IPOs have raised more money in the first eight-and-a-half months of the year, than the whole of last year.. According to data from Prime Database, the 57 IPOs in 2024 have […]
Bharti Hexacom shares gain after another analyst issues a “buy” rating – CNBC TV18
[ad_1] Shares of Bharti Hexacom, the newly listed entity of the Bharti Group are trading with gains of up to 4% on Friday after brokerage firm Citi initiated coverage on the stock with a “buy” recommendation. Citi became the ninth out of the 10 analysts that have coverage on Bharti Hexacom to have a “buy” […]
Bharti Hexacom Q1 Results | Net profit zooms to ₹511 crore, revenue up 14% to ₹1,911 crore – CNBC TV18
[ad_1] Telecom operator Bharti Airtel’s subsidiary Bharti Hexacom Ltd on Monday (August 5) reported a 101.90% year-on-year (YoY) jump in net profit at ₹511.2 crore for the first quarter that ended June 30, 2024. Quarter-on-quarter the company’s net profit zoomed 129.65% from ₹222.6 crore in the January-March quarter. In the corresponding quarter, Bharti Hexacom posted […]