)
Bharti Hexacom shares in Friday's session scaled as much as 5% at day's high to Rs 1,233.5 after yielding multi-bagger returns to its investors. The global brokerage Citi has initiated buy on the stock for a target of Rs 1,405, implying gains of close to 20 per cent from the last close.
At the last count, shares of the telecom services company traded higher by 4.8 per cent higher at Rs 1,230 per share on the BSE.
Hexacom's share price performance
The stock since its listing has given 106% return since its listing on April 12 as against the IPO issue price of Rs 570.
About the company
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
11:49 AM IST
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets 
Bharti Airtel, Infosys, and 3 others: Axis Direct recommends buying these largecap stocks for 2 weeks
Minda Corporation, Hindustan Oil Exploration, and 3 more: Axis Direct recommends buying these stocks for 2 weeks
Vedanta, DLF, and 3 more: Axis Direct recommends buying these midcap stocks for 2 weeks
HUL, L&T, and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses