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.
Mazagon Dock Q3 Results: Cons PAT jumps 29% YoY to Rs 807 crore; revenue up 33%
Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year
February 7, 2025