Will ITC hotels list at ₹150 and deliver more than 450% returns to its shareholders

During the trading session on Monday, the shares of ITC Limited turned ex-date for the demerger of its hotel business. Investors whose names are listed in the record books will receive 1 share of ITC Hotels for every 10 ITC shares they own.  After the demerger, ITC Hotels will function as an independent entity. Under … Continue reading Will ITC hotels list at ₹150 and deliver more than 450% returns to its shareholders