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 ...
ITC Hotels shares dipped 3.4 per cent in trade on BSE, logging an intraday low at Rs 164.05 per share. The selling at the counter came after British American Tobacco (BAT) revealed plans to divest its ...
Shares of ITC Hotels, the demerged entity of FMCG conglomerate ITC, witnessed sharp selling on Friday, with the stock price falling up to 6% intraday amid report that British American Tobacco Plc (BAT ...
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 ...
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British American Tobacco (BAT) will divest its stake in ITC Hotels “at the right moment”, its chief executive, Tadeu Marroco, said on Thursday. Reiterating BAT’s position on ITC Hotels, Marroco said ...
Shares of ITC Hotels Ltd. fell over 2% on Friday, after British American Tobacco Plc, the largest shareholder in ITC Ltd., confirmed that it will soon be reducing stake in the hotels business. During ...
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 ...
Jefferies has initiated a 'Buy' rating for ITC Hotels with a target price of Rs 240, highlighting the company’s strong franchise, diversified brand portfolio, and robust financial position. ITC Hotels ...
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 ...
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 ...