Hello friend, today we are going to talk about Hathway Cable and Datacom Target share price, what will be the share price till 2023, 2024, 2025, 2030, let’s start the article.
Hathway Cable & Datacom Ltd
Hathway Cable & Datacom Ltd. was established in the year 1959. The head quarter office of Hathway Cable & Datacom Ltd is located at Mumbai, Maharashtra. This company is working in Telecommunication – Service Provider sector. The market cap of Hathway Cable & Datacom Ltd is Rs 3,026.88 crore. It is a debt free company.
Hathway cable and datacom Company Essentials data :
- 52 WEEK HIGH = 24.05₹
- 52 WEEK LOW = ₹14.35
- Talking about the share holdings of the company, Promoters’ holding is 75%,
- 7% with FII,
- Public has 16.84%
- Mutual Funds have 1%
The fundamentals of the company are very good, so the first target price of the company’s stock for 2023 can be seen up to Rs 22 and the second target price up to Rs 26. The way the growth in the Telecommunication Service Provider is taking place, a good jump in the share can be seen in the future.
Regarding ROE and ROCE of the company, this company has maintained ROE of 1.33% and ROCE of 3.07% in the last 3 years. Which can be estimated that in the coming days, Hathway Cable Share Price Target 2024, then the first Target Price of the company’s share of 2024 can be seen up to Rs 28 and the second Target Price up to Rs 36.
Talking about Hathway Cable Company’s Profit Growth, then there has been an increase in the Profit Growth of the company (-39.27%). Talk about Hathway Cable Share Price Target 2025, then the first Target Price of the company’s share of 2025 can be seen up to Rs 45 and the second Target Price up to Rs 58.
Hathway Cable and Datacom Ltd Peer Comparison
- 1. Indus Towers
- 2.Vodafone Idea
- 3. Reliance Communications
- 4. MTNL
- 5. Tata Communications
The way Hathway cable is working, it can be seen very well in the share price in the coming days, that the first target price of the company’s share of 2030 can be seen up to Rs.105 and the second target price can be seen up to Rs.125.
Hathway cable and datacom Risk:
If we talk about the returns of the share, then if an investor had invested in this share 5 years ago, he would have got (-58) percent negative return, in the last one year he would have got negative return of (-22.85%) and there Has given a return of 3.96% in the last 6 months.
Year Hathway Cable share price target
2023 First Target Rs 22
Second Target Rs 26
2024 First Target Rs 28
Second Target Rs 36
2025 First Target Rs 45
Second Target Rs 58
2030 First Target Rs 105
Second Target Rs 125
If we talk about the company, then the fundamentals of the company are good and can do wonders in the future. But the risk in the stock market is also the same. Do your own research or consult a financial advisor before making any investment.