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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.
6 Reasons Why ITC Hotels Demerger is a Game-Changer for Shareholders
The much-anticipated demerger of ITC Ltd's hotels business concluded on Jan 6, 2025 as ITC shares began trading ex-demerger after a special price discovery session. Here are the 6 Reasons Why ITC Hotels Demerger Benefits Shareholders.
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.
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 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 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.
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 Share Price: BUY or SELL after ITC Hotels share demerger? Check TARGET
ITC share price on NSE was adjusted by Rs 26 after ITC Hotels demerger on ex-date (January 6). ITC Hotels listing date is yet to be announced.
ITC share price adjusts ₹27 lower after trading ex-hotels business. Buy or sell?
I TC shares are now trading ex-demerger, which means the value of ITC shares are now ex-hotels business. At the end of a special trading session for the price discovery of ITC Hot
2h
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 ...
2h
on MSN
ITC, HUL, Nestle: Here's what to expect from FMCG sector in Q3 result season
In the forthcoming earnings season, Emkay Global Financial Services believes that the near-term sector outlook staying muted, ...
devdiscourse
1d
ITC Demerger: Unveiling New Horizons in Hospitality
ITC's shares dropped as the company's hotel division spun off, now trading separately. Shareholders will receive one share of ...
Tax Guru
40m
Bail in evading ITC by creating fake firms granted since main accused already released
Allahabad High Court granted bail to accused involved in evading Input Tax Credit by creating fake firms since the main accused has been released on bail and the applicant has no criminal history.
7h
ITC Share Price Live Updates: ITC Stock Performance: Today's Change
Stay up-to-date with the ITC Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a ...
ndtvprofit
10h
Delivery-Based Selling in RIL, HDFC Bank, ITC And Zomato As Benchmark Ended Lower
ITC Ltd recorded a delivery volume of 1.4 crore shares, with a delivery percentage of nearly 60%. The total volume stood at ...
Yahoo
8d
USTR Requests ITC Investigation Into Trade Impacts on Underserved Small and Medium Enterprises
As the final days of the Biden Administration wind down, the U.S. Trade Representative (USTR) has commissioned research aimed ...
1d
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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