Stock Market Today: Small-cap stock under ₹20 skyrocketed over 13% during the intraday trades on Wednesday after the Q1 results outcome. Check details about Hathway Cable & Datacom Ltd
Small-cap stock under ₹20, Hathway Cable & Datacom Q1 results details
In Q1 FY26, consolidated net profit for Hathway Cables saw a sharp 69% rise to ₹31.03 crore compared to ₹18.37 crore in the year-ago quarter. The strong jump in net profit during the April-June 2025 quarter was driven by a sharp improvement in the operating performance. The profit before tax at ₹40.28 crore during the April-June quarter of 2025 grew close to 60% compared to ₹25.29 crore in the April-June 2024 quarter.
The revenue from operations was ₹530.50 crore, a 5.55% year-on-year increase compared to ₹502.61 during the April-June 2024 quarter.
Small-cap stock under ₹20, Hathway Cable & Datacom share price movement
Hathway Cable & Datacom share price opened at ₹16.10 on the BSE on Wednesday. The Hathway Cable & Datacom share price at the time of opening was more than 2% higher than the previous trading session’s closing price of ₹15.77. However, the Hathway Cable & Datacom share price gained to intraday highs of ₹17.95, which meant gains of more than 13% (13.8%) during the intraday trades on Wednesday.
Hathway Cable & Datacom share price had scaled to a 52-week, or 1-year, high of ₹25.66 in July last year. However, the Hathway Cable & Datacom share price had seen significant correction thereafter to 52-week or 1-year lows of ₹11.94 in April this year, following sharp correction in the Indian Stock Markets amidst valuation concerns and global uncertainties. led by geopolitical tensions and also the tariff-related concerns
Hathway Cable & Datacom share price thereafter has rebounded well from lows in April.
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