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ITC share price adjusts ₹27 lower
ITC share price adjusts by Rs 26 on NSE as stock trades ex-demerger of hotels biz
Following the record date for demerging ITC Hotels, ITC Ltd’s shares were adjusted by Rs 26 on NSE and Rs 27 on BSE, reflecting the separation. ITC will distribute 60% of ITC Hotels’ shares among existing ITC shareholders,
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.
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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.
ITC Share Price Live Updates: ITC Stock Sees Significant Drop
Discover the ITC Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of ITC with the latest details, including: Last traded price 455.
ITC Share Price:
The FMCG stock ITCs price was discovered at Rs 455.00 apiece on the record date of its demerger of ITC Hotels. However, this price is lower compared to its previous session by Rs 27.
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: 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 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: 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.
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.
What will be ITC Hotels share price on listing and potential target in 1 year? Analyst's view
After the special pre-open session for price discovery, ITC shares adjusted by Rs 27 per share on the BSE and Rs 26 on the NSE. Prashanth Tapse, Senior VP Research Analyst at Mehta Equities Ltd., shares his insights on the expected listing price of ITC Hotels and its potential target over the next year.
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8h
Explained: Why ITC share price fell by 6% today
A special pre-open session was conducted on the stock exchanges between 9:00 AM and 9:45 AM to determine ITC Hotels' share ...
9h
ITC Hotels Demerger Live Updates: BSE, NSE hold special session to discover ITC Hotels share price
ITC Hotels demerger record date is today. ITC share price will be in focus as the stock exchanges are holding a special ...
9h
ITC shares in focus: Special pre-opening trading session to commence at 9 am
FMCG conglomerate ITC are in focus today (January 6) as the company’s hotels business ITC Hotels will be demerged from the ...
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