ITC Hotels Demerger Highlights: ITC shares trade ex-demerger
4 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 Announcement, Latest News on ITC - The Economic Times
ITC shares traded ex-demerger after splitting its hotel business into ITC Hotels, unlocking shareholder value. Analysts expect ITC Hotels’ listing by February 2025, citing benefits like operational focus, higher dividends, improved growth metrics, and strategic investor alignment for …
ITC Hotel Demerger: ITC Hotels demerger done as ITC share price …
4 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: 6 reasons why it is a win-win for ITC …
3 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 Demerger: ITC Shares Trade At Rs 455.8 After Special
4 days ago · As the hotel arm spins off, the shares of cigarettes-to-FMCG conglomerate ITC Ltd has been assigned a price of Rs 455.8 apiece. A special trading session was conducted on the stock exchanges on Monday for the price discovery of ITC Ltd as its hotel business separates, which is expected to be listed separately in February.
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..
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 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 demerger update: Stock gains over 2% on NCLT approval; details
Oct 7, 2024 · ITC shares zoom: Shares of FMCG major ITC advanced 2.26 per cent to Rs 514.95 on the NSE, amidst otherwise weak markets on Monday. The northward march in ITC's stock price followed the company's announcement that the National Company Law Tribunal, Kolkata Bench (NCLT), has approved the demerger of its hotel business.
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...