GTPL Hathway surges on launching GTPL Infinity
GTPL Hathway is currently trading at Rs. 101.11, up by 1.56 points or 1.57% from its previous closing of Rs. 99.55 on the BSE.
The scrip opened at Rs. 105.84 and has touched a high and low of Rs. 105.84 and Rs. 98.07 respectively. So far 217 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.15 on 09-Jan-2025 and a 52 week low of Rs. 90.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 105.84 and Rs. 98.00 respectively. The current market cap of the company is Rs. 1137.11 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 8.41% and 16.59% respectively.
GTPL Hathway has launched GTPL Infinity, it’s Headend in the Sky (HITS) platform that redefines digital broadcasting infrastructure and content delivery across India. GTPL Infinity is backed by one of the World’s largest C-Band teleport setup, located in Ahmedabad, Gujarat. This strategic investment positions GTPL at the forefront of satellite based content distribution, enabling PAN-India availability with around 800 channels, including around 100 HD channels-delivered seamlessly nationwide.
GTPL Infinity aligns with the Digital Bharat vision and is designed to empower partners with a reliable, high-quality digital signal delivery system with world-class, state-of-the-art infrastructure. GTPL Infinity is powered by multiple C-Band transponders on the Satellite Telkom-4 through an agreement with Asia’s leading satellite operator PT Telkomsat Satellite, Indonesia. The platform will enable GTPL to offer its services nationwide with reduced delivery costs, and open new monetization avenues through content partnerships and regional expansion. Digital Service Providers (LMOs/LCOs, MSOs, Commercial Establishments, etc.) can Go-To- Market faster through quick infrastructure setup, using a single dish antenna and minimal investment. The satellite delivery of signals guarantees high uptime and reliability while the high-quality equipment ensures low maintenance.
An association with GTPL will enable partners to offer an array of services including HighSpeed Broadband, bundled OTT services, Cloud Gaming, etc., in addition to Digital Cable TV, to effectively serve customer demand for all their Entertainment and Connectivity needs.
GTPL Hathway is a leading regional Multi-System Operator (MSO) in India, offering cable television and broadband services.
