ITC ends in the red on hotel biz demerger
Financial Express Lucknow|January 07, 2025
SHARES OF ITC ended nearly 3% lower on Monday, as the stock traded ex-demerger, after a special trading session to discover the price for ITC Hotels.
FE BUREAU

The stock closed down 2.75% at ₹442.50 on the BSE. Earlier, it had settled at ₹455 after the special session. The scrip closed at ₹442.65, a decline of 2.84%, on the NSE. It had settled at ₹455.60 on the bourse at the end of the special session.

The demerger of ITC's hotels business came into effect on January 1. A special trading session was conducted on Monday to determine the fair price of the newly-independent business. The closing price of ITC shares was discovered at ₹455 at the special session, reflecting a decline of 5.6%, or ₹27, from the previous close.

Denne historien er fra January 07, 2025-utgaven av Financial Express Lucknow.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 07, 2025-utgaven av Financial Express Lucknow.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS LUCKNOWSe alt
Financial Express Lucknow

Steel import duty may lead to steep price hike

STEEL PRICES IN 2025 would be much higher than last year's if the proposed safeguard duty on steel imports is imposed by the end of next month, rating agency Crisil said on Wednesday.

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

DPIIT Looks at Policy Tweaks to Boost FDI

The Department for Promotion of Industry and Internal Trade (DPIIT) held a consultation with stakeholders on Wednesday on ways to increase the inflows of foreign direct investment (FDI) by carrying out required changes in regulations.

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Gold imports overstated by $11.7 bn in Apr-Nov: Govt

Losing Sheen

time-read
2 mins  |
January 09, 2025
Financial Express Lucknow

BP bags contract to operate ONGC's Mumbai High field

Besides new projects, ONGC focuses on enhancing output of mature fields like Mumbai High

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Digital farmer ID must to apply for PM Kisan benefits

● States requested to upgrade land records

time-read
1 min  |
January 09, 2025
Financial Express Lucknow

Nvidia Unveils New Tech for Gamers

● Also Announces First Desktop PC

time-read
2 mins  |
January 08, 2025
Financial Express Lucknow

Nvidia unveils new tech for gamers

● Also announces first desktop PC

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

Samsung CEO touts AI fridges & washers

SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

HMPV: Centre asks states to step up surveillance of respiratory illnesses

Two suspected cases of the virus were reported from Nagpur, taking the total number to seven

time-read
1 min  |
January 08, 2025
Financial Express Lucknow

Only 1 in 5 Sees Household Income Rising in '25: Study

ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.

time-read
1 min  |
January 08, 2025