The company is engaged in the power generation, transmission and distribution business. It is a distribution licensee in Ahmedabad, Gandhinagar, Surat, Dahej SEZ, Dholera SIR, Dadra, Nagar Haveli, Daman and Diu and the distribution franchisee for Bhiwandi, Agra and SMK (Shil, Mumbra, Kalwa).

Take a closer look at the exclusive details of Bharti Hexacom Ltd’s IPO inside

The stock gave multibagger returns of 246 per cent in 3 years whereas BSE Sensex Index is up by 50 per cent.

In December 2023, DIIs increased their stake to 43.81 per cent compared to 42.70 per cent in September 2023. 

Interview with Semant Shukla Chief Business Officer of JM Financial Asset Management Ltd

The company has reported a mixed set of numbers in its quarterly results (Q3FY24) and nine-month results (9MFY24).

The shares of the company have an ROE of 25.27 per cent.

On March 27, 2024, foreign institutional investors (FII) bought shares worth Rs 2,170.32 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,197.61 crore.