Business Standard

Sunday, February 16, 2025 | 10:13 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Hospitality giant ITC Hotels becomes second most valued hotel stock

Spun-off unit to open 200 hotels in five years

ITC Hotels
Premium

ITC Hotels

Roshni Shekhar Mumbai

Listen to This Article

ITC Hotels, the spun-off hospitality arm of ITC, listed separately on Wednesday, commanding a market value of Rs 36,139 crore, making it the second most valuable listed hotel firm.
 
Its shares ended at Rs 174 on the NSE, after hitting a high of Rs 180 and a low of Rs 171, with Rs 439 crore worth of shares changing hands.
 
ITC, which retains a 40 per cent stake in ITC Hotels, ended 0.51 per cent lower at Rs 433 on the NSE, valuing the tobacco-to-fast moving consumer goods (FMCG) conglomerate at Rs 5.42 trillion.
 
In the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in