Hathway Cable & Datacom Sees Surge in Trading Activity and Investor Engagement
Hathway Cable & Datacom Ltd has become one of the most actively traded stocks in the Media & Entertainment sector, with significant trading volume and value. The stock has shown consistent gains over the past four days, outperforming its moving averages and attracting increased investor participation.
Hathway Cable & Datacom Ltd, a small-cap player in the Media & Entertainment sector, has emerged as one of the most active equities today, with a total traded volume of 104,693,931 shares and a total traded value of Rs 18,007.36 lakhs. The stock opened at Rs 16.13 and reached a day high of Rs 17.98, closing at Rs 16.66, reflecting a 1.08% increase for the day.Notably, Hathway has shown a consistent upward trend, gaining for the last four consecutive days and achieving a remarkable 10.55% return over this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to its historical price levels.
Investor participation has surged, with a delivery volume of 1.58 crore shares on July 16, marking an increase of 1,083.32% compared to the 5-day average delivery volume. Additionally, the stock's liquidity remains robust, with a trade size of Rs 0.89 crore based on 2% of the 5-day average traded value.
In summary, Hathway Cable & Datacom's performance today highlights its active trading status and positive momentum within the market, reflecting a solid position in the Media & Entertainment industry.
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