Stocks in news: ITC, Orient Cement, Surya Roshni and Newgen Software
When markets resume trading today, ITC, Orient Cement, Surya Roshni and Newgen Software Technologies will be in focus due to various related developments.
ITC, Orient Cement, Surya Roshni and Newgen Software Technologies
ITC
Unlocking value for 36 lakh shareholders of the diversified Kolkata-based conglomerate, the much-awaited demerger of ITC Hotels comes into effect from today, January 1. The company has set the record date for ITC shareholders on January 6. Under the demerger scheme, ITC shareholders whose names will appear in the list of shareholders on January 6 will get one share of ITC Hotels for every 10 units of the parent company.
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