Hathway Cables, Den Network Fall After Reliance Jio Plans Stake Sale

Shares of Den Networks and Hathway Cables and Datacom plunged on Friday, March 26, a day after Reliance Industries announced that it will offload its stake in the two companies through offer-for-sale (OFS). Share of Den Networks declined over six per cent on Friday, while Hathway Cables slumped over nine per cent. According to a regulatory filing to the BSE, Reliance subsidiaries including - Jio Futuristic Digital Holdings, Jio Digit...