GTPL Hathway shares surged 17% in intraday trading ahead of its Q3 earnings, signaling strong investor optimism. Analysts attribute this to expectations of robust growth in broadband and cable TV segments, driven by the company’s aggressive broadband expansion.
However, GTPL Hathway has recently reported a decline in consolidated net profit despite an increase in total revenue for the third quarter ended December 31, 2023. This may have a negative impact on the share price.