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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 Hotels demerger: ITC shares to turn ex-date today; target prices, listing date & more
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 trades ex-hotels business: What it means for its shareholders?
After the special pre-opening session for ITC concluded at 10:00 am, its scrip on the BSE settled at a price of Rs 455 per share.
Indian conglomerate ITC's value adjusts 5% lower after hotels business spin-off
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 share: BUY or SELL after price adjustment following ITC Hotels demerger?
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.
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 trade on Jan 6
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 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.
India's ITC falls 5% to "discover" price after hotels business spin off
Shares of ITC fell about 5% on Monday in a special trading session to "discover" its price after accounting for the foods to tobacco conglomerate spinning off its hotels business into a separate listed entity.
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.
11h
ITC rises Thursday, outperforms market
ITC Ltd. 500875 shares inched up 0.14% to 450.15 Indian rupees Thursday, on what proved to be an all-around rough trading ...
1d
ITC scents a new opportunity in aromatic, medicinal herbal market
ITC Limited expands into medicinal and aromatic plants, offering farmers training, support, and buyback plans for increased ...
3d
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 ...
2d
ITC falls Tuesday, underperforms market
Shares of ITC Ltd. 500875 inched down 0.32% to 441.10 Indian rupees Tuesday, on what proved to be an all-around great trading ...
2d
Demerger ballast for ITC
After a special trading session designed for price discovery of the hotel shares, the ITC stock started trading at ₹455 ...
pv-magazine-usa
1h
Key Capture Energy completes ITC tax credit transfer for 200 MW BESS in Texas
Two battery energy storage facilities achieved commercial operation in Texas, along with the transfer of investment tax ...
omanobserver
4h
Bird-friendly initiative at ITC restores local ecosystem
An initiative to host birds and increase their numbers at an Integrated Tourism Complex (ITC) in Salalah has gained praise ...
3d
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 ...
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