ITDC Shares: Authorities Firm shares jumped 13%, replace at Ashoka Lodge elevated purchases – INA NEWS

ITDC Inventory Value: The shares of the federal government firm India Tourism Improvement Company (ITDC) noticed an increase of as much as 16 % on March 5 and the value on BSE went as much as Rs 592. Nevertheless, the shares later gained 13 % to settle at Rs 576.35. The corporate has advised the inventory markets that its board goes to carry a gathering on March 11. It is going to take into account the asset monetization of Ashoka Lodge.

The corporate additionally stated that as a result of this it has been determined that the buying and selling window for buying and selling in ITDC shares will probably be closed until 48 hours after the announcement of the board’s resolution in a gathering held on Tuesday, March 4, 2025 to Thursday 13 March 2025 or on 11 March 2025.

ITDC inventory breaks 23 % in a 12 months

ITDC comes beneath the Ministry of Tourism, Authorities of India. By the tip of December 2024, the federal government had 87.03 % stake within the firm. Ashoka Group is part of ITDC. Based on BSE knowledge, the share value has come down 23 % within the final one 12 months. On the similar time, within the 12 months 2025, it has develop into 8 % cheaper to this point. The corporate’s market cap is Rs 4900 crore.

The 52 -week excessive degree of the inventory was created on 8 July 2024. The 52 -week low of Rs 470.30 was created on 18 February 2025. The higher circuit for the inventory is Rs 610.20 and the decrease circuit at Rs 406.80. The circuit restrict is 20 %.

Shares of corporations of Adani Group jumped as much as 10%, buy of ₹ 1832 crore shares in Adani Enterprises

Revenue 21 crores in December quarter

ITDC’s Income was Rs 147.96 crore on the standalone foundation of ITDC within the October-December 2024 quarter. Throughout this era, internet income have been Rs 21 crore and earnings per share was Rs 2.46 crore. Within the monetary 12 months 2024, the corporate’s standalone foundation was recorded at Rs 526.59 crore, internet revenue of Rs 71.86 crore and earnings per share was Rs 8.48 crore per share.

Disclaimer: Right here info offered is being given just for info. It’s vital to say right here that the funding market out there is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.