Bharti Hexacom Shows Resilience Amid Broader Market Decline and Sector Gains

Bharti Hexacom, a prominent player in the telecommunication service provider sector, has shown significant activity today, gaining 4.32% on March 11, 2025. This performance has allowed the stock to outperform its sector by 0.63%. Over the past two days, Bharti Hexacom has demonstrated a consistent upward trend, accumulating a total return of 3.04%.
The stock reached an intraday high of Rs 1384.75, reflecting a 3.26% increase at its peak. In terms of moving averages, Bharti Hexacom is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

In the broader market context, the Sensex opened lower at 73,743.88, experiencing a decline of 371.29 points (-0.5%), and is currently trading at 74,106.99. The telecommunication sector overall has gained 2.13%, while mid-cap stocks are leading the market with a 0.69% increase. Bharti Hexacom's performance over various time frames shows resilience, with a 1-week return of 7.99% compared to the Sensex's 1.56%.