Stock Exchanges Host Special Session to Set ITC Hotels Share Price -

ITC Share Price Live

In the short term, there is a possibility that few shareholders (especially ETFs) may have to forcefully exit ITC Hotels Ltd and this can create pressure on the stock price. We believe, any short term pressure on the ITC Hotels stock price will be a good opportunity for retail/HNI shareholders to accumulate quality business in their long term portfolio. Meanwhile, post demerger, investors can also continue to hold shares of ITC Ltd for long term given its diversified FMCG portfolio and steady growth in its core businesses (Cigarette & FMCG). Also, the demerger of its asset heavy hotels business will result in improved return ratios and cash flows. We believe, post demerger, ITC Ltd’s medium term fair value to be ₹525-550, said SBI Securities.

ITC Share Price Live: ITC Hotels can outperform ITC over medium to long term: SBI SecuritiesITC Share Price Live

For ITC Ltd shareholders, post demerger and listing of the ITC Hotels Ltd, there will be no material value addition as the price of ITC Ltd will get adjusted taking into account the holding company discount as shown above. Post listing of the ITC Hotels Ltd, investors will get an opportunity to participate directly in the growth story of ITC’s hotel business. Looking at the robust key addition pipeline for ITC Hotels and strong industry tailwinds, we believe ITC Hotels Ltd has potential to outperform ITC Ltd over a medium to long term period, said SBI Securities.