Shares of recently-listed ITC Hotels declined over 3% in intra-day trade on Friday, February 14, after British American Tobacco Plc (BAT), the biggest shareholder after ITC, said it will pare its ...

British American Tobacco (BAT) will wait for the ‘right moment’ to divest its stake in ITC Hotels Ltd to maximise shareholders’ value, the company’s CEO said on Thursday. The London-headquartered ...

British American Tobacco (BAT), which has a direct stake of 15 per cent in ITC Hotels, on Thursday said it will be divesting the stake at the “best moment” as it has no interest in becoming ...

British American Tobacco is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026. (Image: ITC Hotels/website) UK-based British American Tobacco (BAT), the biggest ...

ITC Hotels, which debuted on the stock exchanges BSE and NSE on January 29, 2025, is expected to benefit from a cyclical recovery in the hospitality sector. Jefferies emphasized that ITC Hotels ...

ITC Hotels is the second listed hotelier, which has an owner/operator model, a net cash balance sheet with diversified brand/geo presence. It is currently ramping up recent greenfield projects and ...

Newly spun-off entity ITC Hotels shares traded with gained during the afternoon session on February 12, after international brokerage Jefferies initiated coverage on the stock, seeing 63% upside ...

is planning to divest its stake in newly spun-off entity ITC Hotels by 2026. “BAT has no interest in becoming a long-term shareholder of a hotel chain in India. And as a consequence, at the ...

According to Gaurav Dua, ITC Hotels, now listed, remains a stock worth holding, with a price target of ₹230-240. Meanwhile, ITC’s core business remains stable, with no adverse budget ...

Kolkata-based FMCG to cigarette conglomerate - ITC Ltd - on Monday announced that ITC Hotels will be listed on the stock exchanges on January 29. ITC Hotels was recently demerged from its parent ...