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ITC Hotels listing share price live today: ITC Hotels has listed at Rs 188/share. The listing price is in line with popular estimates. ITC had demerged its hotel division at the beginning of January. According to the market participants, the stock may see some selling pressure today.
Also ReadWhat price will ITC Hotels list at? Here’s what analysts predict
In January, ITC demerged its hotel business, creating a separate entity in a 1:10 ratio. ITC maintains a 40% ownership in the newly formed entity, while the other 60% was allocated to its shareholders. The move has been seen as an effort by the company to unlock the value of the hotel business.
Also Read ITC Hotels to list on January 29- Here are 4 things that shareholders need to know now ITC Hotels files application with NSE, BSE for listing- A look at tentative listing date ITC Hotels listing update. 5 things to know ITC Hotels share price: A look at how it will get calculated Live Updates 09:47 (IST) 29 Jan 2025 ITC Hotels share price live updates:ITC Hotels lists at Rs 188/share on BSE
ITC Hotels makes a smart debut on the exchanges. The stock lists at Rs 188/share on BSE.
09:37 (IST) 29 Jan 2025 ITC Hotels share price live updates: ITC Hotels listing soon
ITC Hotels will list on the exchanges in a few minutes from now. Special pre-open session indicates listing price hovering around Rs 200 a share.
09:28 (IST) 29 Jan 2025 ITC Hotels share price live updates: Special pre-open session indicates listing at Rs 200
The special pre-open session at NSE/BSE indicates that ITC Hotells will list strong around Rs 200/share
09:11 (IST) 29 Jan 2025 ITC Hotels share price live updates: Will ITC Hotels see selling pressure after listing?
Many analysts believe that ITC Hotels may experience selling pressure after listing. This is because, they believe that many ITC shareholders who have been allotted ITC Hotels share may opt to sell for opening gains. Essentially these could be investors who may not be keen about exposure in hospitality sector. These kind of shareholders may choose to sell.
09:06 (IST) 29 Jan 2025 ITC Hotels share price live updates: Nomura anticipates listing at Rs200-300 per share
According to international brokerage house Nomura,
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