How to trade ITC stock in the run-up to Jan 1 hotel demerger date

Quick Summary:

ITC stock surged over 88 per cent after the company's board approved the hotel demerger in August 2023; at present levels, the stock is down 11 per cent from its peak.

Key levels to watch out now.

Interim resistance for the stock is visible at Rs 478 and Rs 482.

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Article Details

Category: BusinessFinance

Markets: India

Topics: ITC stock price today ITC ITC stock chart ITC hotel business FMCG stock ITC share price ITC share price today ITC hotel demerger ITC stock price Share market outlook

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 09:49:22 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 753 words

Reading Time: 5 minutes read

Sentences: 16 lines

Sentence Length: 48 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24529308

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 301 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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