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Bharti Hexacom Q3 Review: ICICI Securities Maintains 'Hold' On The Stock, Lowers Target Price — Here's Why

Bharti Hexacom will likely start rewarding investors with generous dividends, says ICICI Securities

<div class="paragraphs"><p>Bharti Hexacom Ltd.’s Q3 FY25 Ebitdaal soared 43% YoY; free cash flow after interest cost was up 97% and net debt slipped 2.5%. </p><p>(Photo source: Envato)&nbsp;</p></div>
Bharti Hexacom Ltd.’s Q3 FY25 Ebitdaal soared 43% YoY; free cash flow after interest cost was up 97% and net debt slipped 2.5%.

(Photo source: Envato) 

Bharti Hexacom exhibited impressive performance across each key parameter – subscriber, smartphone data subscriber, average revenue per user, capex, FCF and deleverage; and we believe, Bharti Hexacom will likely start rewarding investors with generous dividends.
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