NSE: ITCHOTELS · 26 October 2026
- ITC Hotels Ltd. (ITCHOTELS) advanced by 5.16% today, settling at ₹164.31 after moving within a intraday range of ₹154.34 and ₹168.50.
- The board of directors approved the incorporation of a wholly owned subsidiary in Dubai, United Arab Emirates, to engage in the business of operating hotels and restaurants and related activities. ITC Hotels will subscribe to 100% of the share capital at face value for an amount not exceeding ₹20 crores to be infused in tranches, subject to regulatory approvals.
- Trading volume was 11.09 times the 20-day average daily volume.
Why is ITC Hotels share price rising on 26 October 2026?
ITC Hotels Ltd. (ITCHOTELS) advanced by 5.16% today, settling at ₹164.31 after moving within a intraday range of ₹154.34 and ₹168.50.
The broader market and sectoral benchmarks posted modest gains, with the Nifty rising 0.68% and the Nifty Auto sector benchmark moving up by 0.44%. The stock's positive price action outperformed the wider market trend, recovering from a recent 5-day return of 1.13% and a 20-day return of 0.18% as buying momentum intensified during the trading session.
The market move coincided with the release of the company's financial results for the quarter ended September 30, 2026, where consolidated revenue from operations reached ₹1,054 crore, up 26%, and standalone revenue touched ₹885 crore, up 16% year-on-year.
2.00 crore shares traded by 26 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 18.05 lakh shares (11.09 times). The five-day average daily volume was 21.64 lakh shares. Separately, the NSE report for 26 October 2026 showed 43.33 lakh shares delivered, representing 21.66% of that day’s traded volume. The same report recorded 191,248 trades.
The stock gained 5.16% on significantly elevated trading volume (over 11 times its 20-day average) following the release of robust Q2 FY27 financial results and operational updates. While earnings provided fundamental support, the sharp volume expansion points to strong institutional and retail participation.
Latest Company Developments
The board of directors approved the incorporation of a wholly owned subsidiary in Dubai, United Arab Emirates, to engage in the business of operating hotels and restaurants and related activities. ITC Hotels will subscribe to 100% of the share capital at face value for an amount not exceeding ₹20 crores to be infused in tranches, subject to regulatory approvals.
Outlines the company's international expansion framework and capital allocation toward overseas hospitality operations.
Acquisition of a wholly owned subsidiary to be incorporated.
ITC Hotels Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
ITC Hotels reports revenues of Rs 1054 cr for Q2, PAT at Rs 203 cr The Economic Times
ITC Hotels shares climb 8% as Q2 profit jumps 52%; room revenue rises 22% Business Today
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.01% on 30 September 2026. This compares with 6.69% on 30 June 2026, a change of -0.68 percentage points.
The filing reported 34 MF/UTI holders.
Research & Brokerage Views
Nomura initiated coverage on ITC Hotels with a 'Buy' rating, highlighting upside potential in the hospitality business.
What to Watch Next
- Progress on the integration and stabilization of the newly acquired Welcomhotel Ahmedabad and GHK Hospitality assets
- Execution of the managed hotel pipeline targeting 84 hotels and ~8,200 keys
- Sustained occupancy and ADR trends across luxury and upper-upscale segments in upcoming quarters
- Regulatory updates regarding the incorporation of the new Dubai subsidiary and capital infusion tranches
More ITC Hotels news and dated analysis →
Frequently Asked Questions
What is the latest ITC Hotels company news?
The board of directors approved the incorporation of a wholly owned subsidiary in Dubai, United Arab Emirates, to engage in the business of operating hotels and restaurants and related activities. ITC Hotels will subscribe to 100% of the share capital at face value for an amount not exceeding ₹20 crores to be infused in tranches, subject to regulatory approvals.
How strong was ITC Hotels’s trading volume?
2.00 crore shares traded, 11.09 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.