Bharti Hexacom is currently trading at Rs 1425.00, up by 113.80 points (8.68%) from its previous closing of Rs 1311.20 on the BSE.

• The stock opened at Rs 1360.75 and hit an intraday high of Rs 1458.00 and a low of Rs 1290.05.
• 156,689 shares have been traded so far.
• The BSE group 'B' stock, with a face value of Rs 5, recorded a 52-week high of Rs 1606.20 (on December 18, 2024) and a 52-week low of Rs 755.20 (on April 12, 2024).
• Over the last week, the stock’s high and low stood at Rs 1458.00 and Rs 1290.05, respectively.
• The company's current market capitalization is Rs 70,977.50 crore.

Promoter and Institutional Holdings:

• Promoters hold 70.00% stake in the company.

• Institutional investors own 14.29%, while Non-Institutions hold 15.71%.

Bharti Hexacom Approves Telecom Tower Sale to Indus Towers

Bharti Hexacom has received approval for the sale/transfer of around 3,400 telecom towers to Indus Towers through a slump sale. This includes Macro Sites, Ultra Lean Sites (ULS), and Cell on Wheels (COW) but excludes sites under the Universal Service Obligation Fund (USOF).

• The transfer will be based on fair valuation conducted by an independent valuer.
• The transaction shall not exceed Rs 1,134.10 crore, subject to closing adjustments.
• This move aims to enhance operational synergies, improve tower asset management, and streamline business operations within the group.

The Board of Directors approved the transaction during its meeting on February 6, 2025.

About Bharti Hexacom

Bharti Hexacom provides mobile, landline, and broadband services in Rajasthan and North East telecom circles in India.