Bharti Hexacom Shows Signs of Trend Reversal Amid Competitive Telecom Landscape

Feb 07 2025 10:05 AM IST
share
Share Via
Bharti Hexacom experienced a notable increase in stock performance on February 7, 2025, following a three-day decline. While the stock is currently above some moving averages, it has underperformed compared to its sector. Over the past month, it has seen a decline, contrasting with the broader market trends.
Bharti Hexacom, a prominent player in the telecommunication service provider industry, has shown notable activity today, gaining 6.59% on February 7, 2025. This uptick comes after a three-day streak of declines, indicating a potential trend reversal. The stock opened with a significant gain of 3.68%, reaching an intraday high of Rs 1360.75.

Despite today's performance, Bharti Hexacom has underperformed its sector by 0.89%. The broader telecommunication sector has seen a gain of 4.43%, highlighting the competitive landscape in which Bharti Hexacom operates. In terms of moving averages, the stock is currently above its 20-day and 200-day moving averages, yet it remains below the 5-day, 50-day, and 100-day averages, suggesting mixed short-term momentum.

Over the past month, Bharti Hexacom has experienced a decline of 7.00%, contrasting with the Sensex's slight decrease of 0.24%. Today's performance of 5.86% outpaces the Sensex, which has seen a marginal decline of 0.06%, reflecting a momentary rebound in the stock's activity.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News