Hathway Cable & Datacom Ltd is up for a fifth straight session today. The stock is quoting at Rs 18.05, up 0.67% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 24710.8. The Sensex is at 81821.37, up 0.07%. Hathway Cable & Datacom Ltd has slipped around 8.05% in last one month. Meanwhile, Nifty Media index of which Hathway Cable & Datacom Ltd is a constituent, has slipped around 3.84% in last one month and is currently quoting at 2083.95, down 0.21% on the day. The volume in the stock stood at 17.56 lakh shares today, compared to the daily average of 53.4 lakh shares in last one month.The PE of the stock is 35.84 based on TTM earnings ending September 24.Powered by Capital Market - Live

Hathway Nanded, incorporated in India on 11 March 2008, is engaged in Cable TV Business and has presence in Nanded, Maharashtra. It turnover was Rs 5.58 crore in FY24. The company will acquire 20,54,832 equity shares from the existing shareholders of Hathway Nanded (including Hathway MCN, a subsidiary of the company) for aggregate cash consideration of Rs 11. The acquisition of equity shares is for consolidation of business operations. Post-acquisition, Hathway Nanded has now become a wholly owned subsidiary of the company One of the transferors (out of eleven transferors), i.e., Hathway MCN, is a related party of the company and the acquisition is on arm's length basis. None of the company's promoter / promoter group / other group companies have any interest in the above transaction. Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India. The company's consolidated net profit jumped 28.61% to Rs 25.80 crore in Q2 FY25 as compared with Rs 20.06 crore in corresponding quarter last year. Revenue increased 5.98% YoY to Rs 512.74 crore in Q2 FY25 as compared with Rs 483.79 crore in Q2 FY24.Powered by Capital Market - Live

Hathway Cable & Datacom Ltd is down for a fifth straight session today. The stock is quoting at Rs 19.58, down 1.36% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 24804.2. The Sensex is at 81203.95, down 0.03%.Hathway Cable & Datacom Ltd has lost around 5.5% in last one month.Meanwhile, Nifty Media index of which Hathway Cable & Datacom Ltd is a constituent, has eased around 3.57% in last one month and is currently quoting at 2042.2, down 1.89% on the day. The volume in the stock stood at 12.38 lakh shares today, compared to the daily average of 41.69 lakh shares in last one month.The PE of the stock is 39.7 based on TTM earnings ending September 24.Powered by Capital Market - Live

Hathway Cable & Datacom Ltd gained for a fifth straight session today. The stock is quoting at Rs 20.67, up 2.89% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 25137.7. The Sensex is at 82005.67, up 0.77%. Hathway Cable & Datacom Ltd has slipped around 4.92% in last one month. Meanwhile, Nifty Media index of which Hathway Cable & Datacom Ltd is a constituent, has slipped around 4% in last one month and is currently quoting at 2077.25, down 1.12% on the day. The volume in the stock stood at 109.35 lakh shares today, compared to the daily average of 44.99 lakh shares in last one month.The PE of the stock is 42.72 based on TTM earnings ending June 24.Powered by Capital Market - Live

Revenue increased 5.98% YoY to Rs 512.74 crore in Q2 FY25 as compared with Rs 483.79 crore in Q2 FY24. Profit before tax (PBT) stood at Rs 39.88 crore in Q2 FY25, up 17.54% as compared with Rs 33.93 crore in Q2 FY24. Total expenses increased 2.75% YoY to Rs 507.63 crore during the quarter. Pay channel cost stood at Rs 244.47 crore (up 11.44% YoY), employee benefit expenses was at Rs 23.71 crore (down 0.92% YoY) during the period under review. The company's revenue from cable television segment stood at Rs 344.01 crore (up 5.1% YoY) while broadband business was at Rs 151.09 crore (down 3.43% YoY) and revenue from dealing in securities was Rs 17.14 crore during the period under review. Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India.Powered by Capital Market - Live

Net profit of Hathway Cable & Datacom rose 28.61% to Rs 25.80 crore in the quarter ended September 2024 as against Rs 20.06 crore during the previous quarter ended September 2023. Sales rose 5.98% to Rs 512.74 crore in the quarter ended September 2024 as against Rs 483.79 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales512.74483.79 6 OPM %16.8217.08 - PBDT120.55126.63 -5 PBT39.7633.95 17 NP25.8020.06 29 Powered by Capital Market - Live

Hathway Cable & Datacom will hold a meeting of the Board of Directors of the Company on 11 October 2024Powered by Capital Market - Live

Hathway Cable & Datacom has sold its entire 51% stake in its subsidiary, Hathway Prime Cable & Datacom to Manmohan Singh Bajwa for an aggregate consideration of Rs. 7,80,300/-. With this transaction, Hathway Prime has ceased to be a subsidiary of the Company effective from today. Hathway Prime is a non-operating company and its contribution to the consolidated turnover and networth of the Company for the FY2023-24 was NIL.Powered by Capital Market - Live

Hathway Cable & Datacom Ltd gained for a third straight session today. The stock is quoting at Rs 21.37, up 1.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 24728.5. The Sensex is at 80764.15, down 0.05%. Hathway Cable & Datacom Ltd has slipped around 6.11% in last one month. Meanwhile, Nifty Media index of which Hathway Cable & Datacom Ltd is a constituent, has slipped around 7.8% in last one month and is currently quoting at 2075.2, up 1.49% on the day. The volume in the stock stood at 52.05 lakh shares today, compared to the daily average of 82.62 lakh shares in last one month.The PE of the stock is 44.85 based on TTM earnings ending June 24.Powered by Capital Market - Live