Reliance Group stock jumps 6% after launching Next-Gen satellite broadcasting platform

Synopsis:
The shares of this broadcasting stock were in focus today following the announcement of launching the HITS platform, a seamless entertainment delivery platform.  

This company, which is India’s largest MSO providing digital cable TV services and is one of the largest private wireline broadband service providers in India, had its shares in focus today as the company launched a broadcasting platform which redefines digital broadcasting infrastructure and content delivery across India. 

With the market cap of Rs 1,137 crore, the shares of GTPL Hathway Ltd jumped 6% and reached a high at Rs 105.84 , compared to its previous day closing price of Rs 99.55. The shares are trading at a PE of 28, whereas its industry PE is 21.4. 

About the platform launch

GTPL Hathway has taken a major step forward with the launch of GTPL Infinity, its new HITS (Headend in the Sky) platform built on one of the world’s largest C-Band teleports in Ahmedabad. With the ability to beam around 800 channels, including 100 HD, across the country, the platform strengthens GTPL’s position as a leader in satellite-based content delivery and supports the broader Digital Bharat vision.

What makes GTPL Infinity stand out is its simplicity and scale. By using multiple C-Band transponders on the Telkom-4 satellite, partners across India can go live quickly with nothing more than a single dish antenna, sometimes in as little as 24 hours. This reduces setup costs, expands reach, and opens opportunities in underserved regions. It also creates new revenue possibilities through regional expansion, bundled OTT offerings, and other digital services.

At its core, GTPL Infinity is about easy, reliable access. GTPL’s leadership highlights that this isn’t just a tech upgrade, but it’s a step toward making high-quality entertainment available everywhere, from big cities to remote villages. With a strong satellite partner in Telkomsat and a future-ready infrastructure, the platform pushes GTPL further toward being a true nationwide digital enabler.

Financials and others

The revenue from operations is at Rs 959.05 crore in Q2 FY26 versus Rs 855.56 crore in Q2 FY25, which is an increase of about 12 per cent YoY. However, the net profit has fallen by about 46% when we compare the Q2 FY25 profit of Rs 13.74 crore with the Q2 FY26 profit of Rs 7.4 crore. 

GTPL is one of India’s most widely trusted digital connectivity brands, reaching nearly 12 million homes across 26 states with its cable TV and broadband services. The company offers an extensive mix of 940+ channels, including over 50 of its own curated services, making sure viewers get content that reflects their language and region. On the broadband side, GTPL uses reliable GPON-based FTTX technology to deliver fast, steady internet that supports everything from OTT streaming to everyday work and entertainment. With its scale, strong network, and focus on customer needs, GTPL plays a meaningful role in keeping households informed, connected, and entertained.

GTPL has built a powerful and modern technology ecosystem by partnering with some of the world’s most trusted brands across every layer of its service—from Oracle powering its cloud, databases, and enterprise systems, to Harmonic, Ateme, and Broadpeak strengthening its broadcast backbone, and Juniper and Nokia supporting its network core. Security leaders like Nagra, Verimatrix, and Fortinet keep content and data safe.

On the consumer side, GTPL works with Google, Meta platforms, Yellow.ai, and Affle to deliver smarter digital experiences, supported by billing and operational tools from Magnaquest and Oracle Fusion. Together, these partnerships create a future-ready, high-quality ecosystem that lets GTPL offer seamless entertainment and connectivity across India—built on trusted technology and a focus on customer experience.

Written by Leon Mendonca

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