The stock rose as much as 6.2 per cent to ₹1,729, the highest level since January 12 on the National Stock Exchange (NSE)
In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.
JM Financial has maintained its 'Buy' rating on Bharti Airtel, Bharti Hexacom and Tata Communications
JM Financial values Jio at about $140 billion in equity ($153 billion enterprise value) and argues that the IPO will reinforce the "free cash flow growth story"
Analysts caution that since its listing, Bharti Hexacom share price has re-rated significantly. They feel such a sharp premium to Bharti Airtel's more diversified business is too steep
Telecom operator Bharti Hexacom, a subsidiary of Bharti Airtel, on Monday posted a 66 per cent jump in profit to Rs 421 crore in the second quarter ended September 30, 2025, mainly on account of an increase in smartphone customers on its network. The company had posted a profit of about Rs 253 crore in the same period a year ago. The revenue from operations of Bharti Hexacom increased by about 13 per cent to Rs 2317.3 crore during the reported quarter from Rs 2,097.6 crore in the year-ago quarter, according to an exchange filing. "Mobile revenues increased 9.6 per cent YoY, attributed to higher realisations. ARPU reached Rs 251 this quarter, up from Rs 228 in the second quarter of 2025, along with an increase in data consumption. Mobile data traffic was 1,935 PBs (petabytes) for the quarter, reflecting a YoY growth of 27 per cent," the company said in a statement. Bharti Hexacom's capex for the quarter was Rs 368 crore. "The company continued to add strong smartphone data customer