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RIL-owned firms rally; TV18 Broadcast, Network18 soar over 60% in a month

Hathway Bhawani Cabletel & Datacom were locked in upper circuit for the 40th straight trading day

Stock brokers react to the movement share prices on BSE Sensex in Mumbai on January 23. Photo: Kamlesh Pednekar
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Shares of Hathway Bhawani have surged over 98 per cent in the past month

SI Reporter Mumbai
Shares of Reliance Industries (RIL)-owned companies engaged in media, broadcasting & cable TV business have surged and rallied as much as 98 per cent in the past month on the back of heavy volumes.

Hathway Bhawani Cabletel & Datacom, TV18 Broadcast, Network18 Media & Investments, Den Networks and Hathway Cable & Datacom were all up in the range of 46 per cent to 98 per cent on the BSE in the past one month. Reliance Industrial Infrastructure and RIL were up 12 per cent and 11 per cent. In comparison, the benchmark S&P BSE Sensex was up 8 per

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First Published: Jun 17 2020 | 11:58 AM IST

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