1 year, 4 months ago
ITC-ITC Hotels demerger to unlock value for company, says Nuvama Equities
Live MintDomestic brokerage, Nuvama Institutional Equities in its recent report highlighted key points from the recent ITC analyst call following ITC and ITC Hotels demerger. The domestic brokerage reported after the ITC analyst call that the demerger of the hotel division creates value for current ITC shareholders. The newly formed company and ITC will both have West Bengal registered offices, hence WB is also where the stamp duty on share issuance must be paid. Due to heavy open interest and frequent call writing at the ₹500 strike price, ITC shares saw unfavourable price action when they hit resistance at the 500 level.
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History of this topic
6 days, 22 hours ago
ITC fixes January 6 as record date for demerger of its hotels business
Live Mint
Trending News
1 week ago
ITC shares rise as ITC Hotels demerger set for January 1, 2025: Key details
India Today
1 week ago
ITC sets January 1, 2025 as effective date for demerger of hotel business
Live Mint
6 months, 2 weeks ago
Over 99% of ITC's minority shareholders approve hotel business demerger
Hindustan Times
10 months, 2 weeks ago
ITC shares drop over 4% as BAT says working towards monetising some of its stake
Live Mint
1 year, 4 months ago
ITC Q1 Results Highlights: Net profit rises 17.5% to ₹4,902 cr; board approves 25% stake in Maharaja Resort
Live Mint
1 year, 4 months ago
ITC AGM Live: Hotel business demerger to sharpen capital allocation for ITC, says MD Sanjiv Puri at 112th Annual General
Live Mint
1 year, 4 months ago
ITC shares snap three-day losing run, rebound 2% as street sees positives in hotel business demerger
News 18
1 year, 4 months ago
ITC hotels unit stock expected to be valued in ₹15-27 range
Live Mint
1 year, 5 months ago
ITC share price continues to fall for second day after hotel unit demerger
Live Mint
1 year, 5 months ago
Why ITC shares fell 4% after hotel business demerger announcement? - Explained
Live Mint
1 year, 5 months ago
ITC board gives in-principle nod for demerger of hotels business
Live Mint
1 year, 5 months ago
ITC’s demerger for hotel biz underway; shares hit 52-week high; check details
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