ITC Hotels Demerger: Stock price calculation, F&O entry to MSCI index inclusion - 6 key things to know
ITC Hotels Demerger: ITC share price traded marginally higher on Wednesday, January 1, as today is the effective date for the demerger of ITC Hotels business. As the ITC Hotels demerger has been effective today, here are other key things to know about the demerger: ITC Hotels Stock Price; ITC Share Price Valuation ITC Hotels share price will be calculated based on the difference between the closing prices of ITC shares on January 3, 2025, and open price of ITC discovered during the SPOS on January 6, 2025, according to Abhilash Pagaria, Head, Nuvama Alternative & Quantitative Research. “In addition, based on my discussions with multiple market participants, I anticipate that the initial market price for ITC Hotels shares could range between ₹150-175 per share,” said Abhilash Pagaria. “Thereafter, MSCI intends to delete ITC from the MSCI Global Standard Indexes as of the close of the first trading day of ITC Hotels using the closing market price of ITC Hotels.
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