New Delhi, March 12 -- Investors in Bharti Hexacom Ltd stock must be a happier lot vis-a-vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. Hexacom's shares have gained as much as 66% since its listing day's closing price of Rs.813.30 apiece on 12 April 2024. In comparison, the gains in Airtel's shares over the same period stand at about half of that (up 34%).

Both Bharti Airtel and Bharti Hexacom operate using the Airtel brand. Hexacom operates mobile and landline services in Rajasthan and North-East circles. Now, there are two key factors why many brokerages, including Motilal Oswal Financial Services that has recently initiated coverage on the stock, have a positive view on Hexacom. Firs...