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ITC shares tank 7% in 2 days after demerger news; ITC hotels demerger to unlock value for shareholders? See what analysts say; check ITC Hotels unit expected share price, other details

Shares of ITC extended their recent fall to the third straight session on Tuesday. The stock fell over 3% to hit an intraday low of Rs 455.40 on NSE. The slump comes after the FMCG major announced the much-awaited demerger of its hotels business under a scheme of arrangement. Watch this Visual Story to see if what this demerger means for shareholders. Also, check ITC Hotels expected share price, ITC share price target, and more.
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ITC shares extend fall, cool off from 52-week high; time to book profits?

ITC share price: The counter's 14-day relative strength index (RSI) came at 62.10. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 29.15. It has a price-to-book (P/B) value of 8.09.
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ITC shares to turn ex-dividend today; payment likely around August 14-17. Full details

ITC had announced a total dividend of Rs 11.50 per share in FY22 and Rs 10.75 per share in FY22. In value terms, ITC's FY23 dividend is almost three times that of Rs 6,469.48 crore dividend paid in FY22 and Rs 6,152.68 crore dividend paid in FY21.
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ITC turns ex-dividend today, share price falls; check payment date, dividend history, other details

ITC shares will turn ex-dividend on Tuesday, May 30, 2023, meaning the stock price will get adjusted for the dividend payout. ITC share price fell around 1% today to hit an intraday low of Rs 441 on NSE. Watch this Visual Story to check ITC dividend record date, payment date, and other details.
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ITC shares hit fresh record high; rally for 6th straight day; should you buy? See what analysts say

ITC share price hit a fresh record high of Rs 442.45 on NSE today (May 25), sustaining a strong momentum since the announcement of its Q4FY23 earnings on May 18. The stock has outperformed Nifty 50 in the last one year. Watch this Visual Story to see what analysts say about the stock
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