Hathway Cable & Datacom Ltd rose 2.36% to ₹10.83 on the NSE as of 12:49 IST, marking its third consecutive session of gains. According to reports from Business Standard, the stock is currently trading at this level despite broader market conditions showing mixed performance.
The stock's performance comes as the NIFTY was up around 0.07% at 23,930.5, while the Sensex stood at 75,999.31, down 0.01% during the same trading session. As reported by Business Standard, the benchmark indices showed modest movements compared to the stock's strong performance.
Despite the recent gains, Hathway Cable & Datacom Ltd has experienced challenges over longer periods, dropping around 30.22% in the last one year. This compares unfavorably to the NIFTY's 3.32% decline and the Nifty Media index's 16.47% fall during the same timeframe, according to Business Standard data.
The Nifty Media index, of which Hathway Cable & Datacom Ltd is a constituent, dropped around 3.03% in the last one month and was currently quoting at 1375.15, up 3.72% on the day. As reported by Business Standard, the stock's performance contrasts with the broader media sector's recent weakness.
Trading volume for the stock stood at 18.12 lakh shares during the session, compared to the daily average of 18.65 lakh shares recorded in the last one month. The stock's PE ratio of 28.65 is based on trailing twelve months earnings ending March 2026, as reported by Business Standard.
