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Mint
16-07-2025
- Business
- Mint
Small-cap stock under ₹20 skyrockets over 13% after Q1 results outcome
Stock Market Today: Hathway Cable & Datacom, a small-cap stock under ₹ 20, skyrocketed over 13% during the intraday trade on Wednesday, following the announcement of the company's Q1 results. In Q1 FY26, the consolidated net profit for Hathway Cables saw a sharp 69% rise to ₹ 31.03 crore compared to ₹ 18.37 crore in the year-ago quarter. The strong jump in net profit during the April-June 2025 quarter was driven by a sharp improvement in the operating performance. The profit before tax stood at ₹ 40.28 crore during the April-June quarter of 2025, up nearly 60% compared to ₹ 25.29 crore in the April-June 2024 quarter. The revenue from operations came in at ₹ 530.50 crore during the quarter under review, a 5.55% year-on-year (YoY) increase compared to ₹ 502.61 crore during the April-June 2024 quarter. Hathway Cable & Datacom share price opened at ₹ 16.10 on the BSE on Wednesday, up 2% from the previous trading session's closing price of ₹ 15.77. The small-cap stock under ₹ 20 soon extended gains to intraday highs of ₹ 17.95, which meant an upside of 13.8% during the intraday trade on Wednesday. Hathway Cable & Datacom share price had scaled a 52-week, or 1-year, high of ₹ 25.66 in July last year. However, the Hathway Cable & Datacom share price had seen a significant correction thereafter to 52-week or 1-year lows of ₹ 11.94 in April this year, following a sharp correction in the Indian Stock Markets amidst valuation concerns and global uncertainties, led by geopolitical tensions and also the tariff-related concerns. However, the small-cap stock has rebounded well from the 52-week low.
Mint
16-07-2025
- Business
- Mint
Small-cap stock under ₹20 skyrockets over 13% after Q1 results outcome
Stock Market Today: Small-cap stock under ₹ 20 skyrocketed over 13% during the intraday trades on Wednesday after the Q1 results outcome. Check details about Hathway Cable & Datacom Ltd In Q1 FY26, consolidated net profit for Hathway Cables saw a sharp 69% rise to ₹ 31.03 crore compared to ₹ 18.37 crore in the year-ago quarter. The strong jump in net profit during the April-June 2025 quarter was driven by a sharp improvement in the operating performance. The profit before tax at ₹ 40.28 crore during the April-June quarter of 2025 grew close to 60% compared to ₹ 25.29 crore in the April-June 2024 quarter. The revenue from operations was ₹ 530.50 crore, a 5.55% year-on-year increase compared to ₹ 502.61 during the April-June 2024 quarter. Small-cap stock under ₹ 20, Hathway Cable & Datacom share price movement Hathway Cable & Datacom share price opened at ₹ 16.10 on the BSE on Wednesday. The Hathway Cable & Datacom share price at the time of opening was more than 2% higher than the previous trading session's closing price of ₹ 15.77. However, the Hathway Cable & Datacom share price gained to intraday highs of ₹ 17.95, which meant gains of more than 13% (13.8%) during the intraday trades on Wednesday. Hathway Cable & Datacom share price had scaled to a 52-week, or 1-year, high of ₹ 25.66 in July last year. However, the Hathway Cable & Datacom share price had seen significant correction thereafter to 52-week or 1-year lows of ₹ 11.94 in April this year, following sharp correction in the Indian Stock Markets amidst valuation concerns and global uncertainties. led by geopolitical tensions and also the tariff-related concerns Hathway Cable & Datacom share price thereafter has rebounded well from lows in April. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions
Mint
06-06-2025
- Automotive
- Mint
15,600% rally in five years! Small-cap EV stock jumps in a rally post-RBI MPC meeting outcome
Stock Market Today: Having seen 15,600% rally in five years, the small-cap EV stock gained in the intraday trades on Friday in a rally post-RBI MPC meeting outcome was announced. Check details While the sharp gain in the Indian Stock Markets following a sunrise 50 bps or basis point. also supported the gain for the small-cap EV stock MERCURY EV-TECH LIMITED. A surprising 50 basis point rate Cut decision boosts the Indian stock market, sending the benchmark Indices as S&P BSE Sensex up 800 points and the Nifty-50 index above the 25,000 mark. Besides the strong market sentiments led by RBI's interest rate decisions, the gains for Mercury EV-tech Ltd also were driven by the announcement following Business update. Small-cap EV stock Mercury EV-Tech business on Thursday 5, June, 2025 intimated the BSE or the Bombay stock Exchange about a business update. As per the business u[date announced by Mercury Ev-Tech Limited, the company has inaugurated a new showroom located at Shop No. 5, Near Sagar Complex, Jashonath Circle, Bhavnagar, Gujarat. Its other business its faculties include a chassis Manufacturing. unit. This is a state-of-the-art facilities with advanced machinery for diverse chassis types. MANUFACTURING FACILITY & CAPACITY: It has a 3.2 GW Lithium-Ion Battery Manufacturing Facility (Vadodara), The company has placed additional order for a fully robotic, high-throughput production line from a top-tier equipment provider. Equipment is expected by end of May, pilot production by mid-June 2025. It has Designed as a next-generation battery architecture hub with infrastructure for a wide range of chemistries. Multi-chemistry flexibility to cater to electric mobility and stationary energy storage. Capable of producing LFP, NMC, Sodium-Ion Cells, and Super Capacitor Modules Small-cap EV stock Mercury EV-Tech Share price touched intraday highs of ₹ 59.94 , which translated in to gains of more 1% The Small-cap EV stock Mercury EV-tech share price despite sharp corrections in the recent past, the Mercury EV-tech is still up 1560 % in the last 5 years. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
