Archive · 24 Nov 2025
Stock Market Updates: Bhatia, Elitecon, Airtel
Three companies, Bhatia Communications, Elitecon International, and Bharti Airtel, had some interesting updates.
Bhatia Communications' share price went up by over 3% on November 24, 2025, because the market was doing better and the company reported good financial results.
They made more money compared to last year and plan to open more stores.
Elitecon International's share price also went up by 5%, ending a streak of losses.
They made less money this quarter compared to last year but still gave a small dividend to their shareholders.
Bharti Airtel is doing well too.
A company called Jefferies thinks their share price could go up by 22% because they are gaining market share and making more money from their customers.
All three companies are doing different things, but they all have good news to share.
Bhatia Communications' share price rose over 3% on November 24, 2025, amid a relief rally and reported a 25% year-on-year increase in revenue to ₹134.98 crore for Q2 FY26.
Elitecon International's share price hit a 5% upper circuit on November 24, 2025, snapping an 11-session losing streak, with heavy buying volumes.
Elitecon International reported a consolidated net profit of ₹101.87 crore in Q2 FY26, down from ₹183.61 crore year-on-year, and declared an interim dividend of ₹0.05 per equity share.
Bharti Airtel is Jefferies' preferred pick in the telecom sector, with a target price of ₹2,635, implying a 22% upside, due to market share gains and strong financial performance.
Bharti Airtel's revenue grew by 12% year-on-year in Q2 FY26, with a 10% increase in average revenue per user (ARPU), and is expected to have an EBITDA of ₹93,600 crore in FY26.
- Who
- Bhatia Communications, Elitecon International, Bharti Airtel
- What
- Stock market updates and financial results
- When
- November 24, 2025 (Bhatia and Elitecon share prices) and Q2 FY26 (financial results)
- Where
- Dalal Street, India
- Why
- Relief rally, financial performance, and market analysis
- Bhatia Communications Share Price
- ₹25.53 (as of November 24, 2025)
- Bhatia Revenue (Q2 FY26)
- ₹134.98 crore
- Bhatia Net Profit (Q2 FY26)
- ₹3.73 crore
- Bhatia EBITDA (Q2 FY26)
- ₹6.25 crore
- Bhatia EBITDA Margin (Q2 FY26)
- 4.6%
- Bhatia Number of Stores (H1 FY26)
- 253
- Bhatia Dividend
- ₹0.01 per equity share (1%)
- Elitecon Share Price
- ₹109.75 (as of November 24, 2025)
- Elitecon Net Profit (Q2 FY26)
- ₹101.87 crore
- Elitecon Revenue (Q2 FY26)
- ₹2,195.86 crore
- Elitecon Dividend
- ₹0.05 per equity share
- Elitecon Share Performance (1 Year)
- 1,705%
- Bharti Airtel Target Price
- ₹2,635
- Bharti Airtel Market Share Gain
- 70 basis points in 2QFY26
- Bharti Airtel Revenue Growth (Q2 FY26)
- 12% year-on-year
- Bharti Airtel ARPU Growth (Q2 FY26)
- 10% year-on-year
- Bharti Airtel EBITDA (FY26)
- ₹93,600 crore (expected)
