ITC shares are now trading ex-demergers, meaning their value is no longer based on the hotel business. ITC Hotels’ share price has been set at ₹455.60 during a special trading session on BSE and NSE. ITC’s share price increased by ₹26 or 5.4% to ₹455.60 on NSE and ₹27 or 5.6% to ₹455 on BSE….
On Wednesday, ITC Ltd, which is demerging its hotel sector starting in January 2025, announced that it has purchased shares in competing hospitality brands Oberoi and Leela from Russell Credit Ltd, its wholly-owned subsidiary. “The company today acquired 2.44 per cent of the share capital (comprising 1.52 crore equity shares of ₹2 each) of EIH and…
With the Nifty 50 reaching an all-time high of 26,277 and the Sensex reaching 85,978 in September 2024, Samvat 2080 was a spectacular year for the Indian stock market. This was driven by foreign capital flow, India Inc.’s strong earnings growth, and ongoing economic confidence. The Nifty 50, Nifty Midcap 100, and Nifty Smallcap 100…
According to BSE data, at least 100 companies are scheduled to report their financial results for the July-September quarter today, Thursday, October 24. Additionally, several significant banks and blue-chip companies are expected to release their Q2 results this week. This month marked the start of the second quarter results (Q2FY25) season, and this week and…