Kenneth Andrade-owned Old Bridge Capital Management has picked 1.6 crore shares of Hathway Cable & Datacom, which represents 2% stake in the company. The fund has bought the stake at Rs 39.5 per share. However, Morgan Stanley Asia Singapore sold 1.8 crore or 2.2% stake shares at Rs 39.5 per share.
Hathway Cable and Datacom is a multi-system operator providing cable television network services, Internet services and allied services. Its product portfolio includes cable television (standard definition and high definition (HD) services, and broadband services. It offers cable television services in over 200 cities and towns.
