Updated - 03 Feb 2012

1. Bharti Airtel Ltd

Why the stock price has increased?
Bharti Airtel has gained 6.88% to Rs 385.95 on back of huge volume after the Supreme Court cancelled all 122 2G licences handed out in India after 2008. The Telecom Regulatory Authority of India (TRAI) must go in for a fresh issue of licences, ruled the Supreme Court.

"Within two months the Trai will recommend fresh guidelines on the grant of new licences. The government will make its decision after one month after submission of the recommendations," reports suggest.

Open - 366.00
High - 395.50
Low - 358.30
Close - 385.95
Previous close (01 Feb 2012) - 361.10


2. Hexaware Technologies Ltd

Why the stock price has increased?
Hexaware Technologies has rallied 10.59% to Rs 97.15 on reporting a net profit of Rs 88.25 crore for the quarter ended December 2011, as compared to Rs 39.60 crore in the corresponding quarter of previous year. Income from operations grew 44% at Rs 432 on year-on-year basis.

The board of directors of the company has recommended payment of final dividend @ Re 1.50 per share (75%) on equity shares of Rs 2 each.

Open - 90.50
High - 99.90
Low - 90.50
Close - 97.15
Previous close (01 Feb 2012) - 87.85