JPMorgan has initiated coverage on Bharti Hexacom with an ‘Overweight’ rating and a target price of Rs 1,280. The brokerage believes the company is the best in the Indian market for repair pure-play, predicting a 20% CAGR driven by tariff repairs, with returns stronger than peers, boosted by ARPU and subscriber growth tailwinds.
Concurrent Gainers: 14 smallcap stocks that gain for 5 days in a row
Over the five trading sessions from October 5 to 9, the Sensex gained 0.78%, or 563 points, to close at 72,472. The benchmark index ended