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LiveMint - Markets 57d ago
ITC Hotels Q4 Results: Cons PAT jumps 23% YoY to ₹316 crore; Re 1 dividend announced
ITC Hotels reported March quarter revenue from operations at ₹1,253.7 crore, up 18.2% YoY. The hotels segment saw a slight decline of 2.5%, while the real estate segment grew significantly by 60% to ₹130 crore.
ABRELCONSDIVIDENDITCITCHOTELSTRELConsumer ServicesFast Moving Consumer Goods
positive
ET Markets - Stocks 93d ago
ITC Hotels shares in focus after marquee investor GQG sells Rs 197-crore stake. What lies ahead?
ITC Hotels shares are under scrutiny after GQG Partners sold a partial stake worth Rs 197 crore. Despite a 22% dip this year, driven by geopolitical tensions, the company's core hotel business shows growth in occupancy and pricing. Brokerages remain bullish, anticipating expansion and real estate revenue boosts, suggesting the recent stock fall is an overreaction.
ABRELFOCUSITCITCHOTELSMOGSECTRELConsumer DurablesConsumer Services