Hathway Cable and Datacom, one of India's leading multiple system operators, jumped on Thursday after global investment firm, CLSA started coverage on the stock with a 'buy' rating and a target price of Rs 302.

Shares of the company are trading at Rs 243, up Rs 14.55, or 6.37% at the Bombay Stock Exchange (BSE) on Thursday at 1:04 p.m.

The scrip has touched an intra-day high of Rs 246.40 and low of Rs 230. The total volume of shares traded at the BSE is 20,298.

In the earlier session, the shares fell 2.43%, or Rs 5.7, at Rs 228.45. Currently, the stock is trading down 19.46% from its 52-week high of Rs 301.70 and above 9.95% over the 52-week low of Rs 221.