ITC Hotels Ltd (ITCT.NS) shares declined 4% to ₹197.17 on December 9, 2025, amid broader market weakness and sector caution. The drop reflects profit-taking after recent listing gains.
ITC Hotels, recently demerged from ITC Ltd, saw its shares slide 4.03% to ₹197.17 during trade on December 9, 2025, down ₹8.28 from the previous close of ₹205.45. The hospitality arm, boasting a premium portfolio across 140+ properties, trades below its 52-week high of ₹261.62 amid high valuations (P/E 55.7).
The decline aligns with Nifty's downturn, profit-booking post strong debut, and concerns over festive season slowdowns impacting occupancy. Day's range spanned ₹194-₹205.39, with volumes at 3.15 million shares exceeding averages.
Long-term outlook remains robust given India's tourism rebound.
Key Highlights
Price Action: ₹197.17 (-4.03%, -₹8.28); open ₹204.8.
Trading Range: Low ₹194; high ₹205.39.
Valuation Metrics: P/E 55.7; EPS ₹3.54; market cap ₹410 Bn.
Technicals: Below 50DMA ₹214.58; 200DMA ₹212.55.
Year Extremes: High ₹261.62; low ₹155.1.
Investors eye support at ₹195—potential rebound setup.
Sources: Perplexity Finance, NSE India