ITC Hotels trades weak in firm market; stock down 15% from listing day high
Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.
ITC Hotels' market debut: Promising future despite bumpy start?
The stock may have plunged more than 30% on listing, but beneath the volatility lies a powerhouse with no debt, ₹1,500 crore in cash reserves, and an ambitious expansion plan. Does it have the makings of a shrewd investment?
ITC Hotels lists on bourses
ITC Hotels, the new entity after the demerger of the hotels business of diversified conglomerate ITC Ltd that listed on the stock exchanges on Wednesday -said it plans to expand its portfolio to over 200 hotels over the next five years.
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 luxury hotels operator at 366.2 billion rupees ($4.23 billion).
ITC Hotels shares slide for second day, hit 5% lower circuit. What should investors do?
ITC Hotels shares fell by 5% on their second trading day, opening at ₹169.70 after debuting at ₹188. The stock faced a significant decline, closing lower on both BSE and NSE following the demerger of ITC’s hotel operations.
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 dips on debut, becomes second most valuable hospitality company in India
ITC will continue to hold 40 per cent of ITC Hotels, while the remaining 60 per cent was distributed among the shareholders whose name appeared on the books of ITC Ltd on January 6, the day the demerg
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 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 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 Share Price Live: ITC Hotels shares list at Rs 188 on BSE and Rs 180 on NSE; stock falls 5% post listing
Shares of ITC Hotels, the demerged hotel business of FMCG giant ITC Ltd, will begin trading on stock exchanges on Wednesday, January 29. The demerger of ITC hotel business took effect on January 1, enabling ITC Hotels to list independently.
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 ...
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ITC Hotels Share Price Highlights: ITC Hotels makes a smart debut, lists at Rs 188/share on BSE
ITC Hotels listing share price live today: ITC Hotels has listed at Rs 188/share. The listing price is in line with popular ...
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’ 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 ...