ITC Hotels' market debut: Promising future despite bumpy start?
The stock may have plunged more than 30% on listing, but beneath the volatility lies a powerhouse with no debt, ₹1,500 crore in cash reserves, and an ambitious expansion plan. Does it have the makings of a shrewd investment?
ITC Hotels falls in India trading debut, valued at $4.2 bln
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 ($4.23 billion).
ITC Hotels shares slip on debut; Puri sees bright growth prospects
Operating across all hospitality segments, ITC Hotels has a portfolio of hotels through six brands – including ITC Hotels and Mementos in the luxury space, Welcomhotel in upper upscale, Storii in boutique premium experiential segment, Fortune in midscale and WelcomHeritage in heritage leisure.
ITC Hotels shares list at 31% discount on NSE, stock debuts at Rs 180 after demerger
ITC had decided to demerge its Hotel business into a separate listed entity to unlock value for shareholders. It fixed the demerger ratio at 1:10, which meant that shareholders holding 10 shares of ITC,
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
The Financial Express11h
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 ...
The Pioneer1h
ITC Hotels lists on bourses
ITC Hotels, the new entity after the demerger of the hotels business of diversified conglomerate ITC Ltd that listed on the stock exchanges on Wednesday -said it plans to expand its portfolio to over ...
ITC Hotels: Should investors check into the stock to play the hotel theme?
ITC Hotels Limited, the de-merged hotel business of ITC Limited, made its debut on bourses on January 29, 2025. ITC has ...
The Financial Express1d
ITC Hotels: Everything that you need to know about ITC’s hotel business
Explore ITC Hotels' journey as an independent entity with strong expansion plans and strategic growth enablers. Learn more ...
ITC Hotels shares fall 5% on day 2 of trading; analysts see long-term upside
Shares of ITC Hotels fell 5% to Rs 169.70 on its second day of trading, following a weak debut on Wednesday. The stock hit a ...
ITC Hotels closes at a 33% discount to the discovered price. What should investors do?
ITC Hotels demerger concludes with listing, trading at discount, promising outlook, and potential selling pressure for ...
ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
"Today, ITC Hotels operates a bouquet of over 140 properties with over 13,000 keys in over 90 locations. It plans to expand ...
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 ...