ITC Hotels Removed From BSE Indices: Shyer of ITC Hotels was out of the benchmark index Sensex and other BSE index on Wednesday. The company, separated from the ITC, was temporarily made part of the Sensex and some other indexes to re -balance its portfolio.
The BSE said in a notice, “A separate trading of ITC Hotels shares began on 29 January. Since ITC Hotels shares did not touch the lower circuit until cutoff time. So the company was removed from all the indexes of BSE before the business started on Wednesday. ”
Apart from this, shares of ITC Hotels to BSE 100, BSE 200, BSE 500, BSE Fast Moving Consumer Goods, BSE India Manufacturing Index, BSE Olakap, BSE Largecap, BSE SENSEX 50, BSE India 22 Index, BSE 250 BSE 250 BSE 250s Index, BSE low volatility index, BSE quality index, BSE. 100 Largecap TMC, BSE Sensex Sixty, BSE Sensex Sixty 65:35, BSE India Sector Leaders, BSE 200 Equal Wait, BSE Sensex Equal Wet, BSE LargeMidcap, and BSE Sensex 50 TMC.
ITC hotels decreased
Luxury hotel operator share was closed on Tuesday (February 4). It fell 4.2 percent during this period and a total of Rs 700 crore shares were traded. Those tracking the index had to sell shares worth about Rs 400 crore due to the withdrawal of it from the exchange. The ITC Hotels may be sold and sold for Rs 700 crore after being removed from NSE Nifty.
ITC Hotels Listing
ITC Hotels shares were listed in the stock market on 29 January. Its listing on BSE was at a price of Rs 188 per share, while the shares on NSE were listed at Rs 180.
ITC has separated its hotel business and formed a new company as ITC Hotels. This has been done with the aim of unlocked value for shareholders for decree (separation) shareholders. Earlier, on 6 January 2025, NSE and BSE organized a special session to decide the price of ITC stock.