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 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 ...

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 (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 ...

Vinit Bolinjkar, Head of Research at Ventura Securities, analyses the impact of the ₹1,00,000 crore budget bonanza. He expects a split between savings and spending, with consumer durables and ...

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 ...

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 ...

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 ...

Why not plan a staycation for just the two of you? If you are looking for a resort near Kolkata, you can check out Storii by ITC Hotels, Devasom Resort & Spa on Basanti Highway. While you relax in ...

ITC Hotels shares fell over 3% on February 14 after British American Tobacco Plc announced plans to reduce its stake in the ...

BAT plans to divest its 15.3% stake in ITC Hotels by 2026, stating it has no long-term interest in the sector. ITC Hotels, which recently announced a demerger, received a ‘Buy’ rating from Jefferies ...