Hathway Cable & Datacom Ltd: Buy

At present, the entire telecom industry is saddled with dues of over Rs 7.8 lakh crore and therefore the hike in tariffs for prepaid connections, is expected to increase the average revenue per user (ARPU). 

Taking cues from here we can expect a hike in cable TV subscription rates, also in the near future. 

This Mukhesh Ambani group company is one of the leading players in the sector.  

Buy the shares of Hathway Cable & Datacom Ltd at Rs.20.10/20.50, for short term targets of Rs.24/25. SL: Rs.19.