India's Bharti Hexacom surges on strong Q3 results
** Bharti Hexacom BHAX.NS jumps 8.7% to 1,424 rupees
** Telecom firm's Q3 profit rises ~23% y/y; rev from ops up
~25% y/y
** Co says tariff hikes, higher customer additions behind
strong Q3 earnings
** Stock sees busiest session in seven weeks, with volumes
12.5x the 30-day avg
** Stock rated "buy" on avg; median PT is 1,506 rupees -
LSEG
** BHAX up ~89% since listing on April 12, 2024
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
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