HATHWAY CABLE is engaged in its internet services or cable television sector. It is a small cap company which is a flagship company of Reliance Industries. HATHWAY market cap is ₹ 4,275 Cr .HATHWAY DATACOM is a leading company in India which provides digital cable services to its 5.6 million customers and Datacom internet services are provided approximately 73,000 square kilometers which is unprecedented in itself or along with television sectors,31,000 square kilometers are provided ISP or CATV SEVICES BY PAN INDIA.
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| HATHWAY CABLE | CLICK4INVESTING.COM |
|---|---|
| MARKET CAP | ₹ 4231 Cr |
| HIGH/LOW | ₹ 26.1/12.2 |
| STOCK P/E | 78.8 |
| ROE | 1.55% |
| ROCE | 2.15% |
| DIVEDEND YIELD | 0.00% |
| BOOK VALUE | ₹ 23.9 |
| FACE VALUE | FACE VALUE |
HATHWAY CABLE ONE YEAR PRICE CHART PATTERN
IMAGE SOURCE CREDIT: TRADING VIEW
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SHARE HOLDING PATTERNS HATHWAY CABLE
| HOLDINGS | MARCH 2021 | MARCH 2022 | MARCH 2023 | JUNE 2023 | SEP 2023 | DEC 2023 |
|---|---|---|---|---|---|---|
| PROMOTYERS | 86.61% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIS | 3.28% | 6.79% | 6.60% | 6.52% | 6.69% | 5.66% |
| DIIS | 5.62% | 2.92% | 0.81% | 0.41% | 0.04% | 0.04% |
| PUBLICS | 4.50% | 15.29% | 17.59% | 18.07% | 18.07% | 19.29% |
MAJOR FACTS : The company has been successful in maintaining the profit growth of 57.02% in the last 3 years hence it is a profitable company or along with it it is a debt free company .The company has good cash flow or reserved amount and promotor holding is above 70% which make company attractive and future growth. What makes a company healthy or promising is the existence of a company. After consistent profits in the last 3 quarters, the company is preparing for a big breakout.
HATHWAY CABLE is impressive with its innovative idea of providing broadcast in 109 cities, digital cable networks like Kids Zone, Sports Zone, TV serials or fast internet service through its fast fiber optics in 16 cities. FIIS or DIIS have reduced their holdings in the previous quarters but buying in public sector has increased. But one positive thing is that the promoters of the company have not reduced their holding or there is any future growth of the company. Because its sales growth, its return on equity or promoter holding are very important, it is very important to have these three things in any profitable company.
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- PEER COMPITETOR
- BHARTI AIRTEL with market cap of ₹ 658247.00 Cr
- vodafone Idea with market cap of ₹ 77400.00 Cr
- TATA TELE.MAH. with market cap of ₹ 17740.99 Cr
- RAILTEL CORPORATION with market cap of ₹ 12153.94 Cr
- HATHWAY CABLE with market cap of ₹ 4381.01 Cr
- MTNL with market cap of ₹ 2888.55 Cr
PROS AND CONS
| PROS | CONS |
|---|---|
| * The company has repaid almost all its debt, so it would not be wrong to call it a debt free company. | * The company does not pay dividends to its investors despite being profitable. |
| * 0.09 time trading from its book value | low return in equity |
HATHWAY CABLE PRICE TARGET 2024 TO 2032
| YEAR | MINIMUM PRICE TARGET | MAXIMUM PRICE TARGET | AVERAGE PRICE TARGET |
|---|---|---|---|
| 2024 | ₹ 18.06 | ₹ 33.00 | ₹ 27.00 |
| 2025 | ₹32.00 | ₹47.00 | ₹43.00 |
| 2026 | ₹44.00 | ₹59.00 | ₹58.00 |
| 2027 | ₹51.00 | ₹73.00 | ₹66.00 |
| 2028 | ₹70.00 | ₹89.00 | ₹83.00 |
| 2029 | ₹80.00 | ₹98.00 | ₹97.00 |
| 2030 | ₹96.00 | ₹111.00 | ₹106.00 |
| 2031 | ₹106.00 | ₹126.00 | ₹101.00 |
| 2032 | ₹115,00 | ₹145.00 | ₹143.00 |
FAQ :
- Does HATHWAY Cable pay dividends to its investors ?
- The company does not pay dividends to its investors despite being profitable.
- Is HATHWAY Cable a debt free company or not?
- The company has repaid almost all its debt, so it would not be wrong to call it a debt free company.
- Is promoter holding more than 50% ?
- yes ! promoter holding more than 70% in this company
- Who is the managing director of HATHWAY CABLE !
- Mr. Rajan Gupta the managing director of HATHWAY CABLE
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