Archive · 6 Jun 2025
Bharti Hexacom Shares Dip After Downgrade by Motilal Oswal
Imagine a company's stock is like a toy.
A financial company called Motilal Oswal, who looks at these stocks, used to think the stock was a good buy, meaning it was a great toy!
But now, they think it's not as good a deal anymore and changed their mind.
This caused the stock's price to drop a bit.
The company thinks the stock is now expensive compared to others.
However, the same analysts predict the company will perform well.
They are expecting the price of the services to increase, meaning that people using the service will pay more, which should increase the profit.
Some analysts still think it's a great stock, others think it's just okay.
Bharti Hexacom shares declined over 4% after Motilal Oswal downgraded the stock.
Motilal Oswal changed its rating from 'Buy' to 'Neutral', but kept its price target at ₹1,900.
The brokerage believes the stock's valuation is steep and the risk-reward profile is unattractive.
Motilal Oswal prefers Bharti Airtel and Reliance Jio within the telecom sector.
Analysts expect ARPU to increase to ₹284 by FY27.
- Who
- Bharti Hexacom shares and Motilal Oswal
- What
- Bharti Hexacom shares declined after Motilal Oswal downgraded the stock from 'Buy' to 'Neutral'.
- When
- June 6th
- Where
- N/A
- Why
- Motilal Oswal believes the stock's valuation is steep.
Market Sentiment
Motilal Oswal's Analysis
Stock Valuation
Market Sentiment
Bharti Hexacom shares have delivered over 40% returns since March 2023.
Motilal Oswal's Analysis
Motilal Oswal downgraded the stock due to valuation concerns, believing the risk-reward profile is no longer attractive.
- Stock Price
- ₹1,810.30 (as of June 6th)
- Price Target (Motilal Oswal)
- ₹1,900 (unchanged)
- Previous Rating
- 'Buy' (Motilal Oswal)
- Current Rating
- 'Neutral' (Motilal Oswal)
- EV/EBITDA Premium
- 37% over Bharti Airtel's India business
- ARPU Forecast (FY27)
- ₹284
- Analysts with 'Buy' rating
- 7 out of 12
- Stock Performance Since IPO
- Tripled from IPO price of ₹575