Hathway Cable & Datacom is currently trading at Rs 48.40, up by 1.40 points or 2.98% from its previous closing of Rs 47.00 on the BSE.
The scrip opened at Rs. 49.35 and has touched a high and low of Rs. 49.35 and Rs. 48.25 respectively. So far 11691 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 77.12 on 19-Nov-2014 and a 52 week low of Rs. 45.50 on 13-Aug-2015.
Last one week high and low of the scrip stood at Rs. 49.80 and Rs. 45.50 respectively. The current market cap of the company is Rs. 4015.44 crore.
The promoters holding in the company stood at 43.48% while Institutions and Non-Institutions held 53.08% and 3.44% respectively.
Hathway Cable and Datacom has received Foreign Investment Promotion Board (FIPB) approval to increase foreign investment limit in the firm from the existing 49% to 74% under automatic route. The company, which provides cable and internet services, had applied before FIPB for increasing the limit for Foreign Institutional Investors.
Hathway Cable and Datacom is a leading cable television services provider in India as well as one of the leading cable broadband services providers. It offers analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 18 cities, operating in geographical regions which it believes to constitute important markets for advertisers and broadcasters.
