Hathway Cable & Datacom Ltd. Sees Positive Start with 6.3% Gain, Outperforms Sector
Hathway Cable & Datacom Ltd, a smallcap company in the DTH/Cable industry, saw a positive start to its trading day with a gain of 6.3%. This marks the second consecutive day of gains for the stock, with a total increase of 8.29% in the past two days. The stock is currently trading above its moving averages and has been outperforming the overall market. However, according to MarketsMojo, the stock is currently rated as a 'Sell'.
Hathway Cable & Datacom Ltd, a smallcap company in the DTH/Cable industry, saw a positive start to its trading day today. The stock opened with a gain of 6.3%, outperforming the sector by 3.72%. This marks the second consecutive day of gains for the stock, with a total increase of 8.29% in the past two days.
The stock also opened with a gap up, indicating strong investor interest. It touched an intraday high of Rs 22.84, a significant 8.14% increase from its previous close. Hathway Cable is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showing a positive trend in the stock's performance.
In comparison to the overall market, Hathway Cable has been performing well. Its 1-day performance is 5.78% compared to the Sensex's 0.43%, and its 1-month performance is 11.09% compared to the Sensex's 0.70%. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future performance. As always, investors should conduct their own research and make informed decisions when it comes to investing in the stock market.
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