In August 2023, FMCG behemoth ITC revealed intentions to spin off its hotel division into a separate company. Under the ...
In recent months, conglomerates such as Hindustan Unilever, Bharti Enterprises, Adani Enterprises, L&T, and the Tata Group ...
As per the merger scheme, ITC itself would retain 40% of the hotel shareholding, and the remaining 60% would be held by the ...
The brokerage firm maintained a 'buy' rating on the stock with a target of Rs 500 per share, an upside of 13% from the ...
The FMCG giant ITC is in the spotlight following the much-anticipated demerger of ITC Hotels. With ITC Hotels soon to become a separately listed entity, the focus now shifts to standalone ITC and its ...
Last year, cigarette-to-hotels conglomerate ITC Ltd announced to demerge its hotel business into an independent entity — ITC ...
Following the demerger of ITC Hotels from ITC Ltd, Nuvama expects an outflow of approximately $180 million due to the ...
After a special trading session designed for price discovery of the hotel shares, the ITC stock started trading at ₹455 ...
ITC Ltd recorded a delivery volume of 1.4 crore shares, with a delivery percentage of nearly 60%. The total volume stood at ...
TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 PM.
During the pre-open session conducted by the exchanges on Monday, the discovered share price for ITC was Rs 455 per share, ...
ITC's shares dropped as the company's hotel division spun off, now trading separately. Shareholders will receive one share of ...