Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Bharti Hexa: Airtel in tiny pack
Mint New Delhi
|March 13, 2025
Cash call
Investors in Bharti Hexacom Ltd stock must be a happier lot vis-à-vis their counterparts in Bharti Airtel Ltd, the parent holding a 70% stake in the former. Hexacom's shares have gained as much as 66% since its listing day's closing price of ₹813.30 apiece on 12 April 2024. In comparison, the gains in Airtel's shares over the same period stand at about half of that (up 34%).
Both Bharti Airtel and Bharti Hexacom operate using the Airtel brand. Hexacom operates mobile and landline services in Rajasthan and North-East circles. Now, there are two key factors why many brokerages, including Motilal Oswal Financial Services that has recently initiated coverage on the stock, have a positive view on Hexacom. First, it remains a pure play in the Indian telecom industry unlike Bharti Airtel, which has a global presence. Second, lower capital misallocation concerns.
This story is from the March 13, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
Move over Korea, it's time now for Japanese beauty brands
After Korean serums, sheet masks and elaborate multi-step regimens dominated Indian skincare routines for years, Japanese products are emerging as the next big trend as consumers increasingly switch to lighter textures, natural ingredients and “maximum efficacy with minimal effort.”
2 mins
May 27, 2026
Mint New Delhi
Auto PLI faces rising localization scrutiny
Electric vehicle makers on edge as testing agencies look closer
2 mins
May 27, 2026
Mint New Delhi
Tata Sons board discusses new ventures, to hold more reviews
Tata Trusts chairman Noel Tata’s push for clarity on new Tata Sons businesses prompted the company's board to discuss in detail plans for aviation, batteries, electronics, semiconductors and e-commerce for the first time on Tuesday, with a plan to hold review meetings at least twice a year.
2 mins
May 27, 2026
Mint New Delhi
Cognizant is first IT firm to tap loan to fund buyback
Cognizant Technology Solutions Corp. is financing its $2 billion share repurchase through bank credit, in a departure from the information technology (IT) industry's practice of using cash reserves for such transactions.
3 mins
May 27, 2026
Mint New Delhi
India, US tie up for critical minerals after China shock
India and the US on Tuesday signed a framework on mining and refining of critical minerals and rare earths, a year after China threw global supply chains into chaos with an export ban on rare earth magnets which are used in a variety of industries.
2 mins
May 27, 2026
Mint New Delhi
Realty's big four aim for 1.2 tn home sales in FY27
India’s top four listed real estate developers are targeting a combined ‑1.19 trillion in housing sales this fiscal year, while they sharpen focus on increasing profits and acquiring new land in a calibrated manner.
2 mins
May 27, 2026
Mint New Delhi
Airtel's premium 5G service triggers telecom showdown
A tussle has broken out in the telecom sector over Bharti Airtel’s 5G “Priority Postpaid” plans, with rivals Reliance Jio and Vodafone Idea seeking regulatory consultations and government clearance before such services are rolled out commercially, according to two people familiar with the matter.
3 mins
May 27, 2026
Mint New Delhi
China expands travel curbs to AI talent at private firms
China is restricting overseas travel for top artificial intelligence (AI) professionals in private firms such as Alibaba Group Holding Ltd and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere.
1 mins
May 27, 2026
Mint New Delhi
Govt aims to garner up to ₹5,000 crore via CIL share sale
The government aims to raise up to ₹5,000 crore by selling its shares in state-run Coal India Ltd (CIL), in a bid to meet the disinvestment and asset monetisation target of ₹80,000 crore for the current financial year (FY27).
1 mins
May 27, 2026
Mint New Delhi
Can JK Cement’s growth beat increasing cost pressures?
JK Cement’s industry-leading volume growth has been its strong suit lately. Its Q4FY26 volumes in mainstay grey cement rose 13% year-on-year (y-o-y) to 6.16 million tonnes (mt), beating the industry’s high single-digit growth.
1 mins
May 27, 2026
Listen
Translate
Change font size