ITC Hotels hits 5% lower circuit post weak debut. Things you should know

ITC Hotels made its market debut today, January 29, 2025, listing at Rs 188 on the BSE, a 30 per cent discount to its previously discovered price of Rs 270. Post listing, the stock hit the 5 per cent lower circuit, locked at Rs 178.60. On January 6, a special trading session was conducted to determine the adjusted price for ITC shares post-demerger. ITC share price was reduced by Rs 27 on BSE to Rs 455. ITC Hotels, officially demerged from ITC the same day, remained a dummy entity in indices up to its listing with a fixed price of around Rs 270. At Rs 37,000 crore, ITC Hotels is now the second largest hotel player by market cap, after Indian Hotels Company. ITC Hotels competitors ITC Hotels' peers in terms of market capitalisation (during market hours on January 29, 2025) Name Market cap (Rs cr) Indian Hotels Company