ITC Hotels list on stock exchange, close 5% lower on BSE
Shares of ITC Hotels Ltd, the demerged hotels arm of ITC Ltd, listed on the stock exchange Wednesday. It listed at Rs 188 on the BSE and at Rs 180 on NSE. It declined 5% to settle at ₹178.60, the lower circuit limit on the BSE.
ITC Hotels Share: Zero-Debt Hotel Stock Lists At 30-31% Discount; Check Price, Fundamentals; Should You BUY?
ITC Hotels market debut was at a discount of 30% to 31% on exchanges, and the stock froze at its lower circuit. Currently, the stock is below Rs 180 levels. ITC Hotels is a debt-free company and its outlook is positive for the long-term basis.
ITC Share Price Highlights: ITC Stock Price History
Stay up-to-date with the ITC Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on ITC, including: Last traded price 435.45,
ITC Hotels closes 5% lower after listing
Shares of ITC Hotels, demerged hotels arm of ITC, listed on stock exchanges on Wednesday. It listed at Rs 188 on BSE and at Rs 180 on NSE. It fell 5% to settle at Rs 179 on BSE. On NSE, the stock closed 4.
ITC Hotels Shares List At Rs 188 On BSE, Rs 180 On NSE; Stock Drops 5% Post-Listing
Shares of ITC Hotels Ltd, the newly demerged hotel business of FMCG conglomerate ITC Ltd, made their debut on the stock exchanges on Wednesday. The stock opened at Rs 188 on the Bombay Stock Exchange (BSE) and at Rs 180 on the National Stock Exchange (NSE).
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 lists on stock exchanges
Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, listed on the stock exchanges on Wednesday
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