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flag ITC Hotels removed from BSE indices after failing trading tests, but shows strong performance.

flag ITC Hotels, a luxury hotel chain, was recently demerged and listed on the Bombay Stock Exchange for a week to help with portfolio rebalancing. flag Due to not meeting the required trading criteria, the company has been removed from BSE indices and the Sensex. flag Despite this, the company has shown strong performance with significant increases in room rates and revenue. flag Analysts are optimistic about its future, citing rising demand for premium accommodations.

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