Bharti Hexacom
1,700.90
+3.30(+0.19%)
Market Cap₹85,045.00 Cr
PE Ratio59.20
IndustryTelecom
Company Performance:
1D+0.19%
1M-3.46%
6M+24.56%
1Y+50.86%
5Y+109.14%
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More news about Bharti Hexacom
11Apr 25
Bharti Hexacom Pauses Infrastructure Sale to Indus Towers
Bharti Hexacom has temporarily suspended the sale of its infrastructure business to Indus Towers following a request from Telecommunications Consultants India Ltd (TCIL). The company has agreed to initiate a fresh sale process in consultation with TCIL, potentially impacting the telecom infrastructure landscape in India. This decision highlights the complex nature of large-scale transactions in the telecom sector and the influence of regulatory considerations.
09Apr 25
Bharti Hexacom Halts Infrastructure Sale to Indus Towers, Faces DoT Penalty
Bharti Hexacom has paused its plan to sell its infrastructure business to Indus Towers following a request from shareholder TCIL for a fresh process. The company will initiate a new exercise in consultation with TCIL. Separately, Bharti Hexacom received a Rs. 2.88 lakh penalty from DoT for alleged violations of subscriber verification norms discovered during a CAF Audit for Q4 2024. The company will pay the penalty without contesting it.
05Apr 25
Bharti Hexacom Wins Rs 54.6 Crore Tax Case in Rajasthan High Court
Bharti Hexacom has won a significant legal battle against a Rs 54.60 crore tax demand from the Commissioner of Central Goods and Service Taxes, Jodhpur. The Rajasthan High Court upheld a previous CESTAT ruling allowing Bharti Hexacom to avail CENVAT credit on excise duty for tower parts and shelters. This decision covers six show cause notices from 2006 to 2013, saving the company from a potential Rs 49.21 crore tax liability and Rs 5.39 crore in penalties. The company's CFO, Akhil Garg, confirmed receipt of the court order on April 4, 2025.
Bharti Hexacom
1,700.90
+3.30
(+0.19%)
1 Year Returns:+50.86%
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