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Hathway Cable and Data Share Price Target Tomorrow 2024 To 2030

Hathway Cable and Data Share Price Target

Hathway Cable and Datacom Limited is one of India’s leading cable television and broadband internet services providers. The company is known for delivering high-quality digital cable TV and reliable high-speed internet to homes and businesses nationwide. Hathway focuses on offering affordable and innovative connectivity solutions to meet the growing demand for entertainment and internet services. Hathway Cable and Data Share Price on NSE as of 25 December 2024 is 16.20 INR. Here will provide you more details on Hathway Cable and Data Share Price Target 2024, 2025, 2026 to 2030.

Hathway Cable and Datacom Limited: Market Overview

  • Open: ₹16.47
  • High: ₹16.50
  • Low: ₹16.14
  • Previous Close: ₹16.41
  • Volume: 4,056,710.00
  • Value (Lacs): ₹656.78
  • VWAP: ₹16.27
  • P/E ratio: 28.48
  • UC Limit: ₹19.69
  • LC Limit: ₹13.12
  • 52 Week High: ₹27.95
  • 52 Week Low: ₹14.82
  • Mkt Cap (Rs. Cr.): ₹2,866
  • Face Value: ₹2.00

Hathway Cable and Data Share Price Chart

Hathway Cable and Data Share Price Chart

Hathway Cable and Data Share Price Target Tomorrow 2024 To 2030

Hathway Cable and Data Share Price Target Years Share Price Target
2024 ₹30
2025 ₹33
2026 ₹36
2027 ₹39
2028 ₹42
2029 ₹45
2030 ₹50

Hathway Cable and Data Share Price Target 2024

Hathway Cable and Data share price target 2024 Expected target could be ₹30. Here are four key factors that could affect Hathway Cable and Datacom Limited’s share price target for 2024:

  1. Rising Demand for Broadband Services: With the increasing need for high-speed internet for work-from-home, online education, and streaming, Hathway’s broadband segment has significant growth potential. Meeting this demand can boost its revenues and positively impact its share price.
  2. Digital Transformation in India: Government initiatives to enhance digital connectivity in urban and rural areas can create new opportunities for Hathway to expand its customer base and strengthen its market presence.
  3. Customer-Centric Offerings: Introducing competitive pricing, bundled packages, and value-added services like OTT platform subscriptions can help attract and retain customers, driving revenue growth and supporting stock performance.
  4. Technological Upgrades: Investments in upgrading network infrastructure to provide faster internet and better cable TV services can improve customer satisfaction and give Hathway a competitive edge, fostering business growth and share price appreciation.

Hathway Cable and Data Share Price Target 2025

Hathway Cable and Data share price target 2025 Expected target could be ₹33. Here are four key factors that could affect Hathway Cable and Datacom Limited’s share price target for 2025:

  1. Expansion into Rural and Semi-Urban Markets: By extending its broadband and cable TV services to underserved areas, Hathway can tap into new customer segments, driving revenue growth and improving market share.
  2. Strategic Partnerships: Collaborations with OTT platforms, telecom companies, or content providers can enhance Hathway’s service offerings, attract more customers, and boost its revenue streams.
  3. Shift to Fiber Networks: Transitioning from traditional cable networks to fiber-optic technology can improve service quality, increase internet speeds, and provide a competitive advantage, positively impacting business growth and stock performance.
  4. Growth in Digital Content Consumption: The rise in demand for streaming and digital entertainment services creates an opportunity for Hathway to offer attractive packages, driving customer acquisition and supporting long-term revenue growth.

Hathway Cable and Data Share Price Target 2030

Hathway Cable and Data share price target 2030 Expected target could be ₹50. Here are four risks and challenges that could impact Hathway Cable and Datacom Limited’s share price target for 2030:

  1. Intense Industry Competition: The telecom and broadband sectors are highly competitive, with major players like JioFiber and Airtel Xstream offering bundled services at competitive prices. This could pressure Hathway’s market share and profitability.
  2. Technological Obsolescence: Rapid advancements in technology, such as the shift to 5G and satellite internet, could make traditional cable and broadband infrastructure less relevant. Hathway will need to invest heavily in upgrades to stay competitive.
  3. Regulatory Changes: Changes in government policies or stricter regulations related to pricing, licensing, or data usage could increase compliance costs or limit Hathway’s operational flexibility, potentially affecting profitability.
  4. Economic Slowdowns and Consumer Spending: Economic downturns could reduce consumer spending on discretionary services like cable TV or premium broadband, impacting Hathway’s revenue and long-term growth prospects.

Shareholding Pattern For Hathway Cable and Datacom Limited

  • Promoters: 75%
  • Retail and Others: 21.87%
  • FII: 3.06%
  • Mutual Funds: 0.05%
  • DII: 0.01%

Shareholding Pattern For Hathway Cable and Datacom Limited

Hathway Cable and Datacom Limited Financials

(INR) 2024 Y/Y change
Revenue 19.81B 6.59%
Operating expense 9.72B -5.29%
Net income 993.10M 52.11%
Net profit margin 5.01 42.74%
Earnings per share — —
EBITDA 3.33B 3.69%
Effective tax rate 29.86% —

Hathway Cable and Datacom Limited Financials

Hathway Cable Quarterly Financials

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