Meanwhile, the BSE Sensex was up 95.43 points or 0.49% at 19,460.18.

On BSE, 4.24 lakh shares were traded in the counter as against average daily volume of 55,583 shares in past one quarter.

The stock hit a high of Rs 306 so far during the day, which is a record high for the counter. The stock hit a low of Rs 296.55 so far during the day. The stock had hit a 52-week low of Rs 103.85 on 19 December 2011.

The stock had outperformed the market over the past one month till 18 December 2012, surging 11.93% compared with the Sensex's 5.76% rise. The scrip had also outperformed the market in past one quarter, jumping 34.66% as against Sensex's 4.7% gain.

The mid-cap company has equity capital of Rs 142.99 crore. Face value per share is Rs 10.

Hathway Cable & Datacom reported net loss of Rs 1.78 crore in Q2 September 2012, much lower than net loss of Rs 10.32 crore in Q2 September 2011. Net sales rose 2.3% to Rs 130.37 crore in Q2 September 2012 over Q2 September 2011.

Hathway Cable & Datacom is one of the largest MSO and cable broadband service providers in India. The company also holds a Pan India ISP license.