For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Hathway Cable, DEN Shares Climb On RIL's Jio GigaFiber Broadband Offering

|

In intra-day trade on Wednesday, shares of Hathway Cable and Datacom Ltd and Den Networks Ltd surged by as much as 15.6% and 7%, respectively. This is after RIL in its AGM on Monday announced the commercial launch of its Gigafiber broadband services in association with Microsoft.

Hathway Cable, DEN Shares Climb On RIL's Jio GigaFiber Broadband Offering
 

As part of Jio Gigafiber broadband services, the users will gain access to fixed line telephone calling, television channels and video conferencing at a starting price of Rs. 700.

RIL has a 51.3% and 66% stake in Hathway Cable and Den Networks, respectively.

Also, Nifty Media with gains of 2% is the biggest gainer among sectoral indices today while Nifty pharma was the only sectoral loser.

GoodReturns.in

Read more about: den networks ril jio broadband
Story first published: Wednesday, August 14, 2019, 11:51 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more