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 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 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
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ITC Hotels Share Price Highlights: ITC Hotels share price ends at 5% lower circuit at ₹178.60 apiece on listing day
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