Last Updated:
The Rs 455.8 share value of ITC Ltd was down 5.6 per cent or Rs 27 from the earlier session’s closing value.
ITC Share Price.
As the resort arm spins off, the shares of cigarettes-to-FMCG conglomerate ITC Ltd has been assigned a value of Rs 455.8 apiece. A particular buying and selling session was carried out on the inventory exchanges on Monday for the value discovery of ITC Ltd as its resort enterprise separates, which is anticipated to be listed individually in February.
The Rs 455.8 share value was down 5.6 per cent or Rs 27 from the earlier session’s closing value.
However, the value falls later. As of 10:47 am, on the BSE, shares of ITC Ltd have been on Monday buying and selling at Rs 451.8 apiece. On the NSE, the inventory was buying and selling at Rs 451.65 on Monday morning.
ITC shares will endure a pre-opening session for value discovery between 9:00 AM and 9:45 AM, after which regular buying and selling will resume at 10:00 AM. This follows the long-awaited demerger of ITC Hotels, which grew to become efficient on January 1, 2025.
Eligible shareholders will obtain shares of ITC Hotels of their accounts put up the report date.
ITC shares will stay a part of the indices for 3 buying and selling days. However, if the inventory hits the circuit restrict on the primary two days, its removing from the indices can be delayed by an extra three days.
