426.0000 -2.80 (-0.65%)
NSE Apr 29, 2025 15:31 PM
Volume: 11.2M
 

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ITC Ltd.
28 Jan 2025
426.00
-0.65%
KRChoksey
• ITC Ltd is demerging its hotel segment into a standalone entity, ITC Hotels Ltd. The demerger ratio is 1:10, meaning existing ITC shareholders will receive 1 ITC Hotels share for every 10 ITC shares.
• ITC Ltd will retain a 40.0% stake in the new entity, with the remaining 60.0% distributed to shareholders.
ITC Ltd. is trading above its 50 day SMA of 411.2
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