Bharti Hexacom Achieves 52-Week High Amid Strong Financial Performance and Market Growth

Bharti Hexacom, a prominent player in the telecom services industry, has made headlines today as its stock price reached a new 52-week high of Rs 1,799.95. This milestone reflects the company's robust performance, having outperformed its sector by 2.71%. Over the past three days, the stock has shown a consistent upward trend, gaining 6.49% during this period.
The company's financial health is underscored by impressive annual growth rates, with operating profit increasing by 77.97% and net profit rising by 79.53%. Bharti Hexacom has reported positive results for the last three consecutive quarters, showcasing its strong operational capabilities. Notably, the company achieved a record net sales figure of Rs 2,289.00 crore, while its profit before tax (PBT) has grown by 55% compared to the previous four-quarter average.

With a market capitalization of Rs 86,500 crore, Bharti Hexacom stands as the second-largest company in its sector, representing 6.75% of the entire telecom market. Its impressive one-year performance of 80.06% significantly surpasses the Sensex's return of 8.21%, highlighting its market-beating capabilities.