TheScreener - Hathway Cable Datacom (HATHWAY) An unfavourable environment weighs on HATHWAY CABLE DATACOM, which sees a downgrade to Slightly Negative

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An unfavourable environment weighs on HATHWAY CABLE & DATACOM, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of HATHWAY CABLE & DATACOM (IN), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date June 28, 2019, the closing price was INR 23.05 and its target price was estimated at INR 18.19.

29/06/2019 6 EN

Underlying

Hathway Cable & Datacom

Hathway Cable & Datacom is a cable service provision company based in India. Co. is engaged in the provision of MSO (Multiple-System Operation) & cable broadband service. Co.'s cable operations are located across key Indian geographies, offering cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities. Co. has established 20 digital head-ends in the country. Co. holds a PAN India ISP license and maintains approximately 1.4 million two-way broadband enabled homes. In addition to cable television and broadband service offerings, Co. operates Hathway Music, a non stop 24 hours Hindi music channel along with various local channels.

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INE982F01036 National Stock Exchange of India India

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An unfavourable environment weighs on HATHWAY CABLE & DATACOM, which sees a downgrade to Slightly Negative

Empowering Investors

Hathway Cable & Datacom's Q1FY20 results (Dropping coverage) - Cable stabilizes post NTO; Future uncertainty prevailsâ€¦

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AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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