B&K Securities said the downside is limited for ITC Ltd,  considering the enhanced prospects from cigarette business, value unlocking from demerger of hotels business and likelihood of paper business returning to normal growth from next quarter.

ITC shares have remained under pressure post demerger of ITC Hotels, hitting a low of Rs 437.10 today. Should investors BUY, SELL or HOLD ITC shares? Goldman Sachs weighs in.

January 6th is a significant day for ITC shareholders, as the company will turn ex-date for its demerger of ITC Hotels business. A special trading session is being held on Monday, as ITC undergoes the adjustments of demerger of its hotels business.

ITC Hotels' stock price will be determined by the difference between ITC's closing price on Friday and the opening price discovered during the special pre-open session (SPOS) today.

ITC stock falls 5% as hotels business spins off, settling at ₹455.6; shareholders to receive ITC Hotels shares in February.

Stock exchanges BSE and NSE are conducting a special pre-open trading session for ITC shares to facilitate price discovery for ITC Hotels, which is demerging from ITC Ltd. ITC's share price is expected to adjust due to this demerger,

The FMCG giant ITC is in the spotlight following the much-anticipated demerger of ITC Hotels. With ITC Hotels soon to become a separately listed entity, the focus now shifts to standalone ITC and its valuation.

ITC Hotels Stocks, ITC Hotels demerger share price updates 6 Jan 2025: ITC shares in focus. ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and the ex-date for the shares of ITC set at January 6.

Cigarettes-to-consumer goods conglomerate ITC Ltd.’s shares fell as much as 5% from Friday’s close in a special price discovery session in Mumbai to adjust for the spinoff of its hotels division.