Bharti Hexacom IPO: Several analysts have assigned a subscribe rating to the issue owing to reasonable valuation and strong parentage. However, high debt and volatile financial performance in the past few years are key concerns.
Bharti Hexacom s IPO, with strong parentage and brand, is priced at Rs 542-570 per share. Analysts recommend subscribing to the Rs 4,275 crore issue as it is available at a reasonable valuation. The company offers 5G plus services and operates in Rajasthan and the Northeast circles.
Bharti Hexacom issue opens today at ₹542-570 price band - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Unlisted shares of Bharti Hexacom Ltd are trading Rs 55 higher in the grey market, expecting a 9.65 per cent listing gain from the public issue, Bharti Hexacom IPO Opens Today: Should You Subscribe? Check Subscription Status, Latest GMP