Bharti Hexacom Shows Strong Short-Term Gains Amid Broader Market Uptrend

Bharti Hexacom, a prominent player in the telecommunication service provider industry, has shown significant activity today, gaining 3.85% on March 24, 2025. This performance has allowed the stock to outperform its sector by 3.49%. Over the past three days, Bharti Hexacom has demonstrated a consistent upward trend, accumulating a total return of 4.61%.
The stock reached an intraday high of Rs 1383.2, reflecting a 4.07% increase at its peak. In terms of moving averages, Bharti Hexacom is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

In the broader market context, the Sensex has also been on an upward trajectory, rising by 0.99% today, following a positive opening. The index has gained 6.1% over the past three weeks, with small-cap stocks leading the charge. While Bharti Hexacom's performance over the last month stands at 8.92%, it has faced challenges over the longer term, with a year-to-date decline of 5.78%.