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Hathway Cable and Datacom jumps on plan to offer digital cable services in four metros

Hathway Cable & Datacom Ltd. | Telecommunication - Service Provider | Telecom | BSE: 533162 | NSE: HATHWAY

03 Sep 2012 Evaluate

Hathway Cable and Datacom is currently trading at Rs. 184.00, up by 4.35 points or 2.42% from its previous closing of Rs. 179.65 on the BSE.

The scrip opened at Rs. 182.00 and has touched a high and low of Rs. 186.40 and Rs. 180.00 respectively. So far 15,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.00 on 10-Jul-2012 and a 52 week low of Rs. 72.00 on 06-Sep-2011.

Last one week high and low of the scrip stood at Rs. 186.40 and Rs. 169.50 respectively. The current market cap of the company is Rs. 2,628 crore.

The promoters holding in the company stood at 49.57% while Institutions and Non-Institutions held 43.76% and 6.67% respectively.

Hathway Cable and Datacom, the multi system operator (MSO), will offer digital cable services in four metros joining the list of other cable players including SITI Digital, INCablenet, DigiCable and DEN. The company will offer the services at installation prices of Rs 799, which is exclusive of taxes until September 30, 2012. The services will be available for Rs 999 after September 30, 2012. The company will provide the service through the local cable operators.

By December 31, 2014, the Information & Broadcasting Ministry has launched the ambitious task of completing digital switchover of the existing analogue cable TV in the country in a phased and time-bound manner.

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.

Hathway Cable & Data Share Price

11.44 -0.14 (-1.21%)

16-Apr-2026 11:09 View Price Chart

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Hathway Cable and Datacom jumps on plan to offer digital cable services in four metros

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