ITC Hotels shares fall 5% for second consecutive day
The share price of the de-merged entity ITC Hotels trades in the red for the second consecutive session. The stock fell 5% to an intra-day low of Rs 163.25 on Thursday a day after listing. ITC Hotels was listed on NSE and BSE on January 29.
ITC Hotels falls in India trading debut, valued at $4.2 billion
By Hritam Mukherjee (Reuters) -Shares of ITC Hotels fell in debut trade on Wednesday, following its spin-off from consumer goods firm ITC, valuing the luxury hotels operator at 366.2 billion rupees ($4.
ITC Hotels shares slip on debut; Puri sees bright growth prospects
Operating across all hospitality segments, ITC Hotels has a portfolio of hotels through six brands – including ITC Hotels and Mementos in the luxury space, Welcomhotel in upper upscale, Storii in boutique premium experiential segment, Fortune in midscale and WelcomHeritage in heritage leisure.
ITC Hotels lists at Rs 188, closes lower
ITC Hotels made a high of ₹189, before declining 5% to end at its lowest tradeable limit of the day at ₹178.6. The company had a market capitalisation of ₹37,169.71 crore at close on Wednesday. Its parent ITC closed 0.
ITC Hotels shares list at 31% discount on NSE, stock debuts at Rs 180 after demerger
ITC had decided to demerge its Hotel business into a separate listed entity to unlock value for shareholders. It fixed the demerger ratio at 1:10, which meant that shareholders holding 10 shares of ITC,
ITC Hotels debuts on bourses, set to expand portfolio to over 200 hotels in 5 years
ITC Hotels debuts on stock exchanges with plans to expand to over 200 hotels, focusing on sustainability and luxury experiences.
ITC Hotels shares list at 30% discount, debuting at ₹180 after last year's demerger
Notably, the listing price is slightly higher than Nuvama's estimate, which expected the shares to be listed at a range of ₹150-175 per share
ITC Hotels lists on stock exchanges
Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, listed on the stock exchanges on Wednesday
ITC demerger: ITC Hotels set for listing on January 29, 2025
ITC Hotels is set to list on January 29, 2025, following the demerger from ITC Ltd. Market cap is expected to be around Rs 42,000 crore, with shares likely priced at Rs 200.
ITC Hotels share price target after listing; should you BUY? Expert's view
Soon after listing, the stock slipped 5.5% to hit the lower circuit at Rs 178.60 on the BSE and dipped 4.44% to hit a low of Rs 172 on the NSE. Should investors buy ITC Hotels shares at the current level?
ITC Hotels to list on BSE, NSE today | Check details
ITC Hotels will be making its debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday, January 29, 2025
ITC Hotels: Should investors check into the stock to play the hotel theme?
ITC Hotels Limited, the de-merged hotel business of ITC Limited, made its debut on bourses on January 29, 2025. ITC has ...
ITC Hotels shares fall 5% on day 2 of trading; analysts see long-term upside
Shares of ITC Hotels fell 5% to Rs 169.70 on its second day of trading, following a weak debut on Wednesday. The stock hit a ...
ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
"Today, ITC Hotels operates a bouquet of over 140 properties with over 13,000 keys in over 90 locations. It plans to expand ...
ITC Hotels closes at a 33% discount to the discovered price. What should investors do?
ITC Hotels demerger concludes with listing, trading at discount, promising outlook, and potential selling pressure for ...
ITC Hotels falls in India trading debut, valued at $4.2 bln
Shares of ITC Hotels fell in debut trade on Wednesday, following its spin-off from consumer goods firm ITC , valuing the ...
ITC Hotels Share Price Highlights: ITC Hotels share price ends at 5% lower circuit at ₹178.60 apiece on listing day
ITC Hotels shares were listed at ₹188 apiece on the BSE, a discount of 30.37% to the discovered price of ₹270 per share.
ITC Hotels’ demerger marks new era of stakeholder value creation: Sanjiv Puri
Value for our customers, value for society, value for employees. When all of them win, then ITC Hotels wins, so that is the ...