ITC hotels demerger process begins. A special pre-open session was conducted on the stock exchanges between 9:00 AM and 9:45 AM to determine ITC Hotels' share price.

After the special pre-open session for price discovery, ITC shares adjusted by Rs 27 per share on the BSE and Rs 26 on the NSE. Prashanth Tapse, Senior VP Research Analyst at Mehta Equities Ltd., shares his insights on the expected listing price of ITC Hotels and its potential target over the next year.

Discover ITC Hotels' new share price on January 06 after demerger; Analysts expect initial price range around Rs 150-175.