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 get listed on stock exchanges
ITC Hotels Limited debuted on NSE and BSE, marking a major milestone for ITCs hospitality business. With a zero-debt balance sheet and strong expansion plans, the company aims to redefine luxury and sustainability in Indian hospitality.
ITC Hotels lists on stock exchanges; shares decline 5 pc on BSE
New Delhi, Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, on Wednesday slipped up to 5 per cent in its debut on the stock exchanges. The stock listed at ₹ 188 apiece on the BSE, while on the NSE it began the trade at ₹ 180.
ITC Hotels stock opens at Rs 180 on NSE, 31% below expected price post-demerger
On the Bombay Stock Exchange (BSE), the stock opened slightly higher at Rs 188 per share, still marking a 30% discount from the implied price of Rs 270 per share. Shares of ITC Hotels made their stock market debut on January 29,
ITC Hotels Stock: Listing on NSE, BSE finally! Major listed peers of demerged ITCHL, share price
Both NSE and BSE on Monday announced that ITC Hotels stock will get listed and start trading effective from Wednesday, January 29. The scrip will be admitted to dealings on the exchange in the list of T Group of Securities and will be in Trade-for-Trade segment for 10 trading days.
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