Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.

The stock may have plunged more than 30% on listing, but beneath the volatility lies a powerhouse with no debt, ₹1,500 crore in cash reserves, and an ambitious expansion plan. Does it have the makings of a shrewd investment?

ITC Hotels Limited has made a historic debut on the NSE and BSE. The company, independent from ITC Limited, aims to expand its footprint with a zero-d

The share price of the de-merged entity ITC Hotels trades in the red for the second consecutive session. The stock fell 5% to an intra-day low of Rs 163.25 on Thursday a day after listing. ITC Hotels was listed on NSE and BSE on January 29.

By Hritam Mukherjee (Reuters) -Shares of ITC Hotels fell in debut trade on Wednesday, following its spin-off from consumer goods firm ITC, valuing the luxury hotels operator at 366.2 billion rupees ($4.

ITC will continue to hold 40 per cent of ITC Hotels, while the remaining 60 per cent was distributed among the shareholders whose name appeared on the books of ITC Ltd on January 6, the day the demerg

Shares of ITC Hotels Ltd. — the demerged hotels business of ITC Ltd. — were listed at a discount of 30.4% on Wednesday at Rs 188 per share on the BSE, against the implied price of Rs 270 per share. On the National Stock Exchange, the shares debuted at a 30.7% discount at Rs 180 per share.

Following the listing of ITC Hotels, ITC shareholders are not expected to experience a material increase in value, as ITC's price will be adjusted to account for the holding company discount.

Shares of ITC Hotels are set to be listed for trading on the BSE and the National Stock Exchange (NSE) on January 29.

ITC Hotels shares debut at ₹188 on NSE, falling 30% from the last discovered price. Stay updated on ITC Hotels share price, listing details & market trends.