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

Bharti Hexacom, a prominent player in the telecommunication service provider sector, has made headlines today as its stock price reached a new 52-week high of Rs. 1618. This milestone reflects a significant performance boost, with the stock outperforming its sector by 3.42%. Over the past six days, Bharti Hexacom has shown impressive momentum, gaining 14.38% during this period.
The company's strong financial metrics are underscored by a remarkable annual growth rate of 108.53% in operating profit, alongside a 13.86% increase reported in December 2024. Bharti Hexacom's net sales reached Rs. 2,250.70 crore, and its profit before tax (PBT) less other income grew by 78.3%, indicating robust operational health.

In terms of technical performance, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. With a one-year return of 77.97%, significantly outpacing the Sensex's 7.37%, Bharti Hexacom continues to solidify its position as a leading entity in the telecommunications industry.