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Disappointed with ITC demerger, avoiding metal stocks: Pankaj Pandey

The demerger of ITC according to Pankaj Pandey, Head Research, is a disappointment, as a vertical split would have been better. He believes that although the new arrangement will see the hotel business contribute over Rs 25, this will not matter much. However, ITC still owns 40% of the demerged business and may require funding going forward. ....

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ITC shares extend fall on demerger: Hotel biz comparison with Indian Hotels, investor concerns & more

ITC demerger: The proposed transaction is subject to final approvals from the board of directors and committees in a meeting to be convened on August 14 at 4.30 pm.

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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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A quick tour of ITC Hotels, now a standalone company after the demerger

ITC Hotels: is demerged from its parent company ITC which has interests across FMCG, tobacco ad more. ....

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ITC shares tank 6% from day's high after hotel business demerger announcement

Shares of ITC crashed 6 per cent from day's high to Rs 469.60 during the day, following the announcement of demerger, and mcap slipped below Rs 6 lakh crore mark. ....

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