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.