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Bharti Hexacom Ltd (BHARTIHEXA)

₹1022.051.98%

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Overview
Fundamentals
Technicals
News and Events

Bharti Hexacom Ltd share Performance

  • ₹992.3
    ₹1,034
    ₹1022.05
    downward going graph

    2.91%

    Low

    Day's Volatility:4.08%

    High

    1.17%

    downward going graph
  • ₹755
    ₹1,037.55
    ₹1022.05
    downward going graph

    26.13%

    Low

    52 Weeks Volatility:27.65%

    High

    1.52%

    downward going graph
1 Month Return+ 12.53 %
3 Month Return+ 25.67 %
1 Year Return+ 25.67 %
Previous Close₹1,002.25
Open₹1,006.00
Volume8.01L
Upper Circuit-
Lower Circuit-
Market Cap₹50,112.50Cr

Analyst Rating

based on 2 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Bharti Hexacom Ltd. An average target of ₹1137.5

Source: S&P Global Market Intelligence

Company Information

Bharti Hexacom Ltd is a subsidiary company of Bharti Airtel Ltd. The company provides Cellular Mobile Telephony Services in the circles of North East and Rajasthan. They also offer cellular mobile broadband and telephone services. TCIL a public sector undertaking firm holds 30 stake in the company.Bharti Hexacom Ltd was incorporated as a joint venture company in the year 1995 under the name Hexacom India Ltd to enter cellular services for diversifying their operations. They provided Cellular Mobile Telephony Services in the circles of North East and Rajasthan pursuant to licenses granted by the Department of Telecommunications Government of India on December 12 1995 and December 19 1995. In December 2003 Bharti Airtel Ltd entered into an agreement with Telesystem Mauritius Pvt Ltd Mauritius a subsidiary of Telesystem International Wireless Inc Canada for buying their equity interest in the company for a consideration of 22.5 million.In May 7 2004 Bharti Airtel Ltd formerly known as Bharti TeleVentures Ltd acquired majority shareholding 67.5 of the company a consideration of Rs 431.07 crore. In October 2004 Bharti Airtel Ltd further acquired 1 equity stake from Fouad M T Al Ghanim Trading Cont Co Kuwait. With the acquisition of this additional 1 stake the total holding of Bharti Airtel Ltd in the company has increased to 68.5. In December 2004 the company changed their name from Hexacom India Ltd to Bharti Hexacom Ltd.During the year 200405 the company expanded their network in the existing cities and rollerout in 174 new towns and coverage is available in 230 towns A new switch was installed and the HLR capacity was increased from 310 K to 900 K with an addition of 270 BTS. They also launched value added services such as Ring back tones GPRS MMS for enhancement of VAS offerings and revenues.During the year the company commenced stateoftheart call centre and initiated various programmes for customer benefit. In March 30 2005 the company which holds a Cellular Mobile Service Provider License launched their commercial operations in NorthEast Circle.The company migrated their Cellular Mobile Service Provider License to Unified Access Service Licence in the telecom circle of Rajasthan with effect from April 10 2006. In September 14 2006 Bharti Airtel Ltd acquired 43750000 equity shares of the company for a consideration of Rs 57.50 crore thereby increasing their stake from 68.5 to 68.89.During the year 200708 the subscriber base for the company in Rajasthan increased by 112 from 1800356 to 3815628 and in NorthEast Circle by 76 from 274044 to 481499. The subscriber base for voice services increased by 75 from 11866 to 20766 and for DSL services has increased by 149 from 3659 to 9115.In February 2009 Bharti Airtel Ltd the holding company acquired 1.11 per cent stake or 2780306 equity shares in Bharti Hexacom Ltd from Mobile Telecommunications Co KSC Kuwait. With this acquisition Bharti Airtel Ltd shareholding in the company stands higher at 70 from 68.89.The company and Bharti Airtel Ltd have entered into a scheme of arrangement for transfer pursuant to demerger of North East Circle Undertaking from the company to Bharti Airtel Ltd with effect from April 1 2005 which was approved by the board. The company is in the process of filing the approved scheme in the High Court.In August 2009 the Government of India has finally approved staterun TCILs Telecommunications Consultants India exit from the company which is a joint venture with Bharti Airtel Ltd. TCIL decides to sell their 30 in the company to raise funds to be utilized for the purpose of expansion of the telecom..

Share Price: ₹1022.05 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹50,112.50Cr as of today
Listing date: 12 Apr, 2024
OrganisationBharti Hexacom Ltd
Headquarters
IndustryTelecomm-Service
E-voting on sharesClick here to vote

Key events for Bharti Hexacom Ltd

  • ICICI Securities Initiates Coverage on Bharti Hexacom with Add Rating - 23 May, 2024

    ICICI Securities has initiated coverage on Bharti Hexacom with an add rating and a target price of Rs 1,075. The brokerage assigned Bharti Hexacom a 15% premium over Bharti India's valuations, capturing its hypothesis of small but beautiful. Bharti Hexacom's shares gained nearly 6% to trade at Rs 1,019 on the BSE following the news.

  • Bharti Hexacom Reports Strong Q4 Results - 15 May, 2024

    Bharti Hexacom reported a 10.2% YoY increase in net profit to ₹223 crore for Q4FY24, with revenue up by 8%. Jefferies maintained a buy call on the stock and raised its target price to Rs 1,200 from Rs 1,080. The company declared a final dividend of Rs 4/share.

  • Bharti Hexacom Reports Strong Q4 Results - 14 May, 2024

    Bharti Hexacom's Q4FY24 net profit rose by 10.2% YoY to Rs 223 crore on the back of strong customer additions and ARPU increase. The company also recommended a final dividend of Rs 4 per share. Shares closed marginally higher at Rs 901.05.

Fundamentals of Bharti Hexacom Ltd

Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.28%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth1.09%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth0.69%
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth1.23%
SBI Large & Midcap Fund Direct GrowthSBI Large & Midcap Fund Direct Growth0.69%

Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
70%
0.00
Foreign Institutions
5.42%
0.00
Mutual Funds
3.76%
0.00
Retail Investors
18.99%
0.00
Others
1.83%
-93.89

Technicals of Bharti Hexacom Ltd share

News & Events of Bharti Hexacom Ltd

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Bharti Hexacom Ltd (BHARTIHEXA) share price today is ₹1022.05

Bharti Hexacom Ltd is listed on NSE

Bharti Hexacom Ltd is listed on BSE

  • Today’s highest price of Bharti Hexacom Ltd is ₹1034.
  • Today’s lowest price of Bharti Hexacom Ltd is ₹992.3.

Today’s traded volume of Bharti Hexacom Ltd(BHARTIHEXA) is 8.01L.

Today’s market capitalisation of Bharti Hexacom Ltd(BHARTIHEXA) is ₹50112.5Cr.

Bharti Hexacom Ltd(BHARTIHEXAPrice
52 Week High
₹1037.55
52 Week Low
₹755

Bharti Hexacom Ltd(BHARTIHEXA) share price is ₹1022.05. It is down -1.49% from its 52 Week High price of ₹1037.55

Bharti Hexacom Ltd(BHARTIHEXA) share price is ₹1022.05. It is up 35.37% from its 52 Week Low price of ₹755

Bharti Hexacom Ltd(BHARTIHEXAReturns
1 Day Returns
19.8%
1 Month Returns
12.53%
3 Month Returns
25.67%
1 Year Returns
25.67%