Itc Share News Today

ITC share price today: ITC shares, which hit a high of Rs 481.40 on January 4 was trading at Rs 421 in the current session. In comparison, benchmark Sensex has gained 2.82% during the period.

The stake sale could lead to a re-rating of ITCs stock, per experts and the increase in free float will cause an upward adjustment in the weights on the index.

ITC shares, which stood at Rs 213.95 on February 25, 2022 ended at Rs 473.95 on January 5 this year, more than doubling investor wealth during the period.

ITC shares rose to an intraday high of Rs 460 against the previous close of Rs 455.60 on BSE.

ITC Analyst Meet: Motilal Oswal Securities said the analyst meeting was a welcome move by the management as it provided a platform for a comprehensive discussion on the prospects and concerns of its various businesses.

For Wednesday, share market analysts from Religare Broking have assigned Buy calls on Tata Motors, Sun Pharmaceutical Industries and ITC. Check share price targets, analysis, investment rationale and other crucial details about these technical bets.

ITC shares gained over 1 per cent in early trade and were trading 0.4 per cent higher at Rs 451.05 apiece at 11:30 am. Here's what brokerages said about the company's Q1 performance.

ITC share price: ITC share price gained nearly 1% to touch an intraday high of Rs 457.40 on NSE today (August 16) after the company reported its Q1 results and approved the demerger of its hotels business. So far this year, ITC shares have rallied more than 36%, delivering multibagger returns. Watch this Visual Story to see whether you should buy the stock for more gains.

ITC said the scheme involves demerger of the demerged undertaking comprising the Hotels business of the demerged company into the resulting company on a going concern basis and in consideration.

ITC News: Nuvama Institutional Equities highlighted key points from ITC analyst call after hotel division demerger, stating it creates value for shareholders.