Investors of ITC, its hotels arm may gain in demerger
15 hours ago · ITC's share price discovery during the special pre-open session came in at ₹455 - ₹27 lower than its previous close, following adjustments to reflect the ITC Hotels demerger.This price of ₹27 came to be higher than the range of ₹15-23 that market analysts had expected when the demerger was first announced in July 2023.
ITC Hotels demerger: 6 reasons why it is a win-win for ITC …
2 days ago · The last leg of the much-awaited demerger exercise of cigarette-to-hotels conglomerate ITC Ltd completed today as ITC shares started trading ex-demerger after a special price discovery trading session. While ITC shares fell over 2% following the demerger amid broad-based weakness in the market, analysts are bullish both on ITC as well as ITC Hotel shares in the long run following completion of ...
ITC Hotel Demerger: ITC Hotels demerger done as ITC share price …
2 days ago · For about 36 lakh shareholders of Kolkata-based diversified conglomerate ITC Ltd, today (January 6) was the record date for the much-awaited demerger of the company's hotel business. While ITC Hotels shares did not get listed today, bourses created a dummy ticker and included it as the 51st Nifty stock and 31st Sensex stock till …
ITC Hotels Demerger Highlights: ITC shares trade ex-demerger
2 days ago · ITC share price closed the session at ₹442.50, 2.75% lower on the BSE. Meanwhile, on NSE, the stock settled at ₹445.35, down 2.25%. ITC shares traded ex-demerger in today's trade, which means ...
ITC Hotels Demerger Share Price Highlights: ITC shares end in red ...
2 days ago · ITC Hotels Stocks, ITC Hotels demerger share price updates January 6, 2025: Track live updates on ITC ... Click here to read more business, finance and stock market news. January 06, 2025 15:44
ITC Demerger: BSE, NSE To Hold Special Session To Set ITC
2 days ago · ITC-ITC Hotels Demerger: Monday, January 6, 2025, is a significant day for ITC shareholders as it marks the ‘record date,’ determining eligibility for receiving shares of ITC Hotels when it gets listed on the NSE and BSE. This follows the long-awaited demerger of ITC Hotels, which became effective on January 1, 2025. ITC Shares on Record Date: Today, ITC shares will undergo a pre-opening ...
Stock Check: ITC’s demerger announcement sparks investor ... - Mint
Dec 19, 2024 · ITC’s stock has shown subdued growth in 2024, adding just over 1 per cent year-to-date. ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement...
ITC Hotels demerger date: ITC sets Jan 1, 2025 as effective date …
Dec 17, 2024 · ITC Ltd has fixed January 1, 2025 as the effective date for demerger of its hotel business after receiving an order from the National Company Law Tribunal (NCLT). The diversified entity informed...
ITC Demerger: ITC shares an important update on the demerger …
Dec 17, 2024 · Shareholders of ITC had approved the de-merger of its hotels business in June this year with 99.6% public institutions and 98.4% public non-institutions cast votes in approval of the proposal.
ITC shares gain nearly 1% after demerger of its hotels business …
Jan 1, 2025 · Shares of the hotels-to-cigarette conglomerate ITC in Wednesday's trade (January 1) went higher by nearly 1 per cent to the day's high price of Rs 487.9. The company's shares are in focus after the demerger of the company's hotels business into ITC Hotels (ITCHL) comes into effect from today..