The share of ITC Hotel has been removed from Sensex and other indices because the share of ITC Hotel did not touch its lower circuit till the cut off time, due to which it has been removed from BSE on Wednesday, 5 February 2025.
ITC Hotel share price was listed at Rs 188 and it was listed at a discount of 30% whereas its base price was Rs 260 per share on SEBI and Rs 270 per share on BSE. The market valuation of ITC Hotel is Rs 39000 crore which has fallen from the time of listing to Rs 34266 crore.
ITC Hotel had shown its good operational performance in which its average room rate had become ₹ 12000 in 2024 as compared to ₹ 7900 in 2019. Revenue was also dumped very well.
ITC Hotels is one of the biggest hotel companies which has 140 hotels all over India or we can say in the world and more than 13000 rooms till October 2024 https://www.itcportal.com/
Comments