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ITC Shares Priced at 459 Rupees
ITC Shares Priced at 459 Rupees After Hotel Unit Spinoff
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.
ITC Shares Adjust after Hotels Biz Demerger
The BSE and NSE conducted a special trading session to discover the price for ITC hotels business post demerger.
LIVE
ITC Hotels Demerger Highlights: ITC shares trade ex-demerger, settle 2.75% lower on BSE
ITC Hotels demerger record date was today. The discovered price of ITC shares in special trading session on NSE was ₹455.60 apiece.
LIVE
ITC Hotels Demerger Share Price Highlights: ITC shares end in red, stock to turn ex-date today
ITC Hotels Stocks, ITC Hotels demerger share price live 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.
All you need to know about ITC Hotels demerger and special trading session
In a transformative move that marks a new chapter in its corporate journey, ITC Ltd. has officially demerged its hotel business into a standalone entity, ITC Hotels Ltd., effective January 1, 2025. The demerger will unlock value for shareholders,
ITC Demerger: Unveiling New Horizons for Hotel Business
The special trading session revealed ITC's share price for its demerged hotel business, settling at Rs 455.60 on NSE. From January 1, 2025, ITC Hotel became independent, and shareholders received one ITC Hotel share for every 10 ITC shares.
ITC Hotels’ Spinoff Takes Effect: What it Means for India’s Hospitality Market
ITC's move to demerge its hotel division comes amid positive investor outlook for the industry as demand for travel trumps high pricing.
ITC Shares Dip 6% As Hotels Demerger Takes Effect
Indian Tobacco Company (ITC) stock price witnessed a sharp adjustment on Monday as the shares went ex-demerger, reflecting the separation of its hotels business. The record date determined the shareholders eligible to receive shares of ITC Hotels,
Indian conglomerate ITC's value adjusts 5% lower after hotels business spin-off
(Reuters) -Indian foods-to-tobacco group ITC's market value was adjusted lower by about 5%, or 325 billion rupees ($3.8 billion), in a special trading session on Monday to account for the spin-off of the conglomerate's hotels business.
ITC Demerger: Shares Drop 6% After Hotel Business Spin-Off
ITC Ltd's share price dropped over 6% in early trading on January 4, 2025, following the spin-off of its hotel business into ITC Hotels.The cigarette-to-FMCG conglomerate’s shares settled at Rs 455 on BSE and Rs 455.
2h
on MSN
ITC Demerger: Analysts remain optimistic amid strategic restructuring, see up to 29% upside potential in shares
ITC Hotels will become an independent entity post-demerger on January 1, 2025, allowing shareholders to retain full ownership ...
The Week
3h
ITC declines as stock trades post demerger of hotels business
With ITC Hotels splitting away from the parent ITC Ltd on the stock market, shares of the latter slipped on price discovery ...
7h
ITC Demerger Special Trading Session: When Will ITC Hotels List On BSE, NSE? Here's What You Should Know
January 6th is a significant day for ITC shareholders, as the company will turn ex-date for its demerger of ITC Hotels ...
5h
on MSN
Why ITC Opted For Demerger Of Its Hotels Business — Explained
ITC Ltd. announced the demerger of its hotel business, effective January 1, 2025. The move aims to unlock value for ...
9h
Stocks in news: HDFC Bank, ICICI Bank, ITC, Bajaj Finance, Vedanta, NTPC Green, Nykaa & Tata Elxsi
Stocks including HDFC Bank, ICICI Bank, ITC, Bajaj Finance, Vedanta, NTPC Green, Nykaa, Tata Elxsi, JSW Infra and more will ...
3d
ITC falls Friday, underperforms market
ITC Ltd. 500875 shares dropped 1.48% to 482.00 Indian rupees Friday, on what proved to be an all-around dismal trading ...
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