Hathway Cable & Datacom Shows Strong Momentum Amid Broader Market Challenges

Hathway Cable & Datacom has experienced a significant uptick today, gaining 7.58% as of July 16, 2025. This performance marks a notable outperformance against the broader market, with the stock exceeding its sector's gains by 2.52%. Over the past three days, Hathway has shown a consistent upward trend, accumulating a total return of 10.61%. The stock reached an intraday high of Rs 17.23, reflecting an increase of 8.84% during the trading session. Hathway is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term momentum. In the context of the overall market, the Sensex opened flat and is currently down by 0.15%, remaining 4.28% shy of its 52-week high. Despite a three-week decline of 1.91%, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.14%. While Hathway Cable & Datacom has faced challenges over the past year, with a decline of 31.61%, its recent performance suggests a shift in momentum within the small-cap segment of the media and entertainment industry.