Hot Pursuit     01-Sep-16
Hathway Cable & Datacom tumbles after Q1 net loss widens
Hathway Cable & Datacom fell 4.30% to Rs 28.90 at 11:07 IST on BSE after the company reported net loss of Rs 53.20 crore in Q1 June 2016 as against net loss of Rs 37.38 crore in Q1 June 2015.
The result was announced after market hours yesterday, 31 August 2016.

Meanwhile, the BSE Sensex was up 42.21 points, or 0.15%, to 28,494.38.

On BSE, so far 32,000 shares were traded in the counter, compared with average daily volume of 25,276 shares in the past one quarter. The stock hit a high of Rs 30 and a low of Rs 28.55 so far during the day. The stock hit a 52-week high of Rs 49 on 13 November 2015. The stock hit a 52-week low of Rs 29.50 on 29 August 2016. The stock had underperformed the market over the past 30 days till 31 August 2016, sliding 6.21% compared with 1.68% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 14.08% as against Sensex's 5.99% rise.

The small-cap company has equity capital of Rs 166.10 crore. Face value per share is Rs 2.

Hathway Cable & Datacom's net sales rose 16.9% to Rs 301.02 crore in Q1 June 2016 over Q1 June 2015.

Hathway Cable & Datacom offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.

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 ( Corporate News - 09-Sep-24   19:07 )
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 ( Hot Pursuit - 11-May-20   12:00 )
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