Bharti Hexacom Limited IPO Review & Recommendations
Get Real-Time Updates on stock market trends and news
Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.
Join WhatsApp ChannelBharti Hexacom Limited IPO
Bharti Hexacom Limited IPO Review
Bharti hexacom
limited ipo originally called “Hexacom India Limited”, was established in 1995.
In 2004, when Airtel acquired a significant stake in their company, they
changed their name to 'Bharti Hexacom Limited'. Currently the Airtel holds 70%
of their company's shares. Airtel is a major player in the global communication
solutions, serving over 500 million customers across 17 countries in South Asia
and Africa. It ranks among the top mobile operators worldwide and holds the
title of India's largest integrated communication solutions.
Company that
provides communication services to customers in Rajasthan & the Northeast
regions of India. Their services include mobile, fixed line telephone, and
broadband services under the brand name “Airtel”. Their focus is on attracting
and keeping high-quality customers and providing them with excellent experience
using their omnichannel approach and data science.
Bharti Hexacom Limited Products and Services
Bharti Hexacom
Limited provide a variety of digital services to increase customer involvement
and offer unique customized plans through Airtel Black. This has helped them
consistently improve their market share in revenue over the past three fiscal
years. They also take smart steps to reduce costs, making their company more
profitable, while keeping their financial structure strong and manageable.
bharti hexacom
ltd competitive strengths are Leadership and Large Customer Basein their area
of operations, Presence in Markets with High Growth Potential, Strong Parentage
and Established Brand, Building a Future Ready Network. Their Strategies are Grow
their Revenue by Focusing on Acquiring and Retaining Quality Customers, expand their
Network Coverage, Improve their Cost Efficiencies.
Financial Overview
The company is backed by the strong Airtel group. Although one-time accounting adjustments caused a decline in net profit, there was growth at the gross level. Looking at the earnings from the first nine months of Fiscal Year 2024, it seems that the stock offering is appropriately priced. The company holds a dominant position in the telecom markets it serves and is confident of maintaining this position. Investors may consider investing for potential medium to long-term gains.
0 comments