By Admin 
Hathway Cable and Datacom Ltd.: The stock market is a game of possibilities and is full of risk. But there is a saying no risk. This thing is absolutely accurate in the stock market. But if your bet is placed in the right place, then your luck can change overnight. Yes, after the result of the first quarter of the stock we are talking about, its stock has seen a rise of 13 percent.
Hathaway Cable and Datacom Limited’s financial year 2025-26’s first quarter consolidated (consolidated) net profit (net profit) rose by about 69 percent to Rs 31.03 crore, which was Rs 18.37 crore during the first quarter of the financial year 2024-25.
69 percent profit increased in the first quarter
The major reason for the bounce in the net profit of this company is to improve operational performance. During the financial year 2025-26, the early tax profit was Rs 40.28 crore, which is about 60 percent more than the same period last year. The earlier profit in the first quarter during the financial year 2024-25 was Rs 25.29 crore.
In the month of July last year, the price of shares of Hathway Cable and Detacom reached a year i.e. 52 weeks highest level to Rs 25.66. After one year, there has been a tremendous decline in it. This year, the price of this stock went to the lowest level of one year and reached 11.92.
Share prices climbing since April
However, since April, once again the price of shares of Hathaway Cable and Datacom is climbing up. On Wednesday 16 July, the company’s shares opened on BSE at Rs 16.10, which closed at 15.77 levels a day earlier. That is, the stock saw a jump of 2 percent. After this, its stock reached the highest level of Rs 17.95 in Intra Day, which is about 13 percent.
Also read: Modi government takes those steps, which will change the picture of the country, the dream of ‘developed India’ will be fulfilled
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)