Bharti Infratel gains on better Sept quarter earnings

An advertisement for Bharti Infratel Limited's initial public offering (IPO) is seen posted on a wall as a roadside vendor selling magazines and newspapers waits for customers in New Delhi December 12, 2012. REUTERS/Adnan Abidi/Files

Market Eye - Shares in Bharti Infratel Ltd gain 2.2 percent. The company reported a 68 percent increase in September quarter net profit. The company reported a healthy operational performance, with continued strong tenancy ratio improvement, JPMorgan said in a note. Core return metrics, such as return on equity and return on capital employed continue to show an upward trend, it added. (Reporting by Indulal PM)