Shares of broadband services provider Hathway Cable and Datacom Ltd climbed as much as 6.3 per cent to Rs 29.50, their highest since June 22.
According to media reports, Reliance Industries Ltd is in talks to buy the company. The company responded after market hours on Wednesday saying that it would not comment on market speculation, in line with Reliance Industries' statement.
More than 1.5 million shares changed hands vs their 30-day moving average of 2.3 million shares. The stock had fallen nearly 31 per cent this year up to last close.