ITC Hotels share price continued its upward trend, rising 6% to ₹188.20 in intraday trading on Wednesday. This follows a 6% gain in the previous session, bringing its total increase to 12% over 2 days. The stock has been rising for 3 consecutive sessions and is now close to its 52-week high of ₹189, last recorded on January 29, 2025.
At 9:46 AM, ITC Hotels was trading 5% higher at ₹187.25, outperforming the BSE Sensex, which edged up just 0.05%. The stock witnessed heavy trading activity, with a combined 6.1 million shares exchanged on the NSE and BSE.
Since its listing on January 29, ITC Hotels has been performing well. The company operates in various segments of the hospitality industry through 6 distinct brands:
This wide-ranging presence allows ITC Hotels to serve different types of travellers, from luxury seekers to business and leisure guests.
In the October–December 2024 quarter (Q3FY25), ITC Hotels posted its best-ever quarterly results:
The company’s strong performance was driven by growth in the retail, weddings, and food & beverage segments. ITC Hotels also expanded its presence by adding 5 new properties with 330 rooms in Q3, while signing agreements for 29 new hotels over the past year.
ITC Hotels’ strong performance, industry tailwinds, and positive outlook indicate continued growth potential. The company is well-positioned for long-term success with rising demand in the hospitality sector and strategic expansion efforts.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 19, 2025, 11:39 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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