ITC Hotels shares fall 5% on day 2 of trading

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 an intra-day low of Rs 163.25 on Thursday a day after listing. ITC Hotels was listed on NSE and BSE on January 29.
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 200 hotels over the next five years.
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 debuts on bourses, set to expand portfolio to over 200 hotels in 5 years
ITC Hotels debuts on stock exchanges with plans to expand to over 200 hotels, focusing on sustainability and luxury experiences.
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 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 had a market capitalisation of ₹37,169.71 crore at close on Wednesday. Its parent ITC closed 0.
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
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 ...
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: 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 ...
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 share price: Demerged hotel biz to list on BSE, NSE today, check details
A special pre-open trading session on January 6 established the adjusted price for ITC shares. On the NSE, ITC’s share price ...
ITC Hotels Ltd charts robust growth plan, listed on stock exchanges
KOLKATA: ITC Hotels Limited (ITCHL) announced a historic milestone with its listing on the National Stock Exchange (NSE) and ...
devdiscourse1d
ITC Hotels Targets 200 Properties in Next Five Years
ITC Hotels, a newly independent entity from ITC Ltd, plans to expand to over 200 hotels in five years. With a strategy focused on asset-right expansion, it aims to lead in hospitality while embracing ...
ITC Hotels’ demerger marks new era of stakeholder value creation: Sanjiv Puri
Value for our customers, value for society, value for employees. When all of them win, then ITC Hotels wins, so that is the ...