Jefferies initiated a 'buy' rating for ITC Hotels Ltd., on the back of sectoral ... Tailwinds from the hotel sector, along with the addition of recent new hotels, are expected to drive growth. The ...

Shares of recently-listed ITC Hotels declined over 3% in intra-day ... has no interest in becoming a long-term shareholder of a hotel chain in India. He added that the company will look for ...

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 had announced a proposed demerger of its ‘Hotels Business’. The restructuring will see ITC retain a 40 per cent stake in its hotel business, with the remaining 60 per cent will be directly ...

British American Tobacco (BAT), which has a direct stake of 15 per cent in ITC Hotels ... term shareholder of a hotel chain in India. Following the demerger of ITC Hotels from diversified ...

“BAT has no interest to become a long-term shareholder of a hotel chain in India…as a consequence, we will divest (the stake in ITC Hotels) when we decide to maximise shareholders’ value,” Marroco ...

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 ramping up keys via asset light route of management contracts and targets its room count to move from 13,000 to 18,000 by 2029/30. In the next 5 years, the premium hotel keys would ...

"We peg ITC Hotel's earning to grow at 19 per cent CAGR over FY24-FY27e, also aiding improvement in ROCE's to 12 per cent by FY27e. ITC Hotels trades at 20 times FY27 EV/Ebitda, a 25 per cent ...

British American Tobacco (BAT) stated that it is not interested in becoming a long-term shareholder in a hotel chain in India. On Friday, Feb 14, ITC Hotels shares closed in the negative bias at Rs ...

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 ...