Hathway Cable turns ex-split on Tuesday

Shares of Hathway Cable & Datacom will remain in focus on the bourses from Tuesday, as the cable operator has fixed January 6 as the ex-date for stock split. The company proposes to subdivide each share of face value ₹10 to five shares of face value ₹2. The stock, which closed at around ₹350 on the BSE on Monday, will start trading in the range of ₹65-75 after the stock split. Those buying the shares from Tuesday will not be eligible to receive the stock-split shares.