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ITC Hotels removed from BSE indices after failing trading tests, but shows strong performance.
ITC Hotels, a luxury hotel chain, was recently demerged and listed on the Bombay Stock Exchange for a week to help with portfolio rebalancing.
Due to not meeting the required trading criteria, the company has been removed from BSE indices and the Sensex.
Despite this, the company has shown strong performance with significant increases in room rates and revenue.
Analysts are optimistic about its future, citing rising demand for premium accommodations.
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ITC Hotels se retiró de los índices de EEB después de haber fallado en las pruebas de comercio, pero muestra un buen rendimiento.