Bharti Hexacom share rallies 9% after JP Morgan initiates coverage with ‘overweight’ rating

Bharti Hexacom share price surged by up to 9.5 percent on July 16 after global brokerage JPMorgan initiated coverage on the stock with an ‘overweight’ rating. The brokerage set a price target of ₹1,280, projecting a 20 percent upside from the previous closing level.