ITC Hotels share price: A look at how it will get calculated – Market News
ITC Hotels’ demerger record date is on January 06. The ITC Hotels price will be discovered through a special pre-open session (SPOS). The determination of the price will be calculated based on the difference between the closing price of ITC’s January 03 and the pre-open price of January 06.
The brokerage firm Nuvama Wealth Management indicated that the initial trading price for ITC Hotels’ stock might range from Rs 150 to Rs 175 per equity share.
On January 03, the stock of ITC closed at a price of Rs 483.95, down 1.04% on the National Stock Exchange. The stock has a 52-week high of 528.50, which it touched on September 27, 2024.
“On January 6, 2025, the ex-date for the demerger, ITC’s share price is expected to be…