Know the arrival and possibilities of the share of ITC Hotels share

ITC Hotel Business ITC Hotels Today, the Indian stock market (BSE and NSE) have been independently listed. ITC Hotels shares have already been credited in the accounts of ITC shareholders and have become active from today. Investors and brokerage firms are excited about this listing, and have come up with different estimates about its possible listing price.

On which price will ITC Hotels be list?

Brokerage firms have made different estimates about the listing of ITC Hotels shares:

• Nuwama: The listing of ITC Hotels shares can be in the range of ₹ 150- ₹ 175.
• Sharekhan: This believes that ITC Hotels may list between ₹ 150- ₹ 170 on premium valuation.
• Nomura (Japanese brokerage): Nomura is assessed that it can be listed in a range of ₹ 200-₹ 300. According to this, the potential market cap of ITC Hotels can be between ₹ 42,500 crore to ₹ 62,200 crore.

Market attitude for ITC hotels

1. Effect of Listing on ITC stock:

The day before the listing of ITC Hotels (28 January 2025), ITC shares closed at ₹ 435.25 with a decline of 1.08% on BSE.

2. Will the Sensex-Nifty be included or not?

ITC Hotels will not be part of ITC’s Equity Benchmark Index (Sensex and Nifty 50).

• It only Three business days Till only Sensex and Nifty will remain in 50.
• If this circuit touches the limit someday, this timeline may change.

ITC Hotels share allotment details

ITC had set a ratio of 1:10 for shareholders while separating its hotel business.

• Ratio: ITC Hotels was given 1 shares instead of 10 shares of ITC.
• Record date: It was 6 January 2025.

Why is the listing of ITC Hotels important?

1. Extension in Indian hotel industry: The independent listing of ITC Hotels gives it a chance to better display its performance in the market.
2. New possibilities for investors: This listing gives investors a great opportunity to take advantage of the growing opportunities in the hotel sector.
3. Premium valuation: Brokerage firms believe that ITC Hotels will trade in the premium range, making it attractive to investors.

What to do investors?

• Long -term investors: If you have a long -term attitude, investing in ITC Hotels can be beneficial, as the Indian hotel industry is expanding rapidly.
• Short Term Traders: You can find a chance to book profits on initial listing.