Tata Power, Nelco, Indian Hotels Company, Voltas, Tata Investment Corporation, Tata Chemicals, and Tata Steel will all trade ex-dividend this month. Nelco, with a market cap of Rs 1,413 crore, is set to trade ex-dividend on June 6 with a final dividend of Rs 2 per share. Tata Power has announced a final dividend of Rs 2 per share and will trade ex-dividend on June 7. Tata Steel will trade ex-dividend on June 22 with a final dividend of Rs 3.6 per share. Indian Hotels Company and Voltas will trade ex-dividend on June 9.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with