ITC Hotels expands NCR presence with 104-key 'Welcomhotel' in Manesar
ITC set out an expansion.
· BS Companies
ITC Hotels Ltd on Friday announced the signing of a 104-key Welcomhotel in Manesar, Gurugram, strengthening the brand's presence in the National Capital Region (NCR). Anil Chadha, Managing Director, ITC Hotels, said, "As hospitality demand continues to evolve beyond traditional gateway cities, we remain focused on identifying destinations that offer strong long-term growth potential.
The analysis
Against that, the stock is +0.2% on the day at ₹265.60, and has returned -6.8% over three months. It sits 37% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -10.7% over the same period, so ITC is running 3.9 points ahead of its peers.
For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Market context
- In focus: ITC (ITC Hotels) (ITC), in FMCG.
- On the day, 1 of 2 are higher: ITC (ITC Hotels) leads at +0.2% and ITC Hotels trails at -1.3%.
- Over three months: ITC (ITC Hotels) -6.8% against FMCG -10.7% (3.9 points ahead); ITC Hotels +4.1% against Hotels & Restaurants -0.9% (5.0 points ahead).
- At least 25% below the 52-week high: ITC (ITC Hotels) (37%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ITC (ITC Hotels)ITC · FMCG | ₹265.60 | +0.2% | +1.1% | -6.8% | -36.8% | 0.7× | — |
| ITC HotelsITCHOTELS · Hotels & Restaurants | ₹167.17 | -1.3% | +1.9% | +4.1% | -23.4% | 1.4× | — |
FMCG
1M -4.9% · 3M -10.7%
ITC (ITC Hotels)
Hotels & Restaurants
1M -3.1% · 3M -0.9%
ITC Hotels
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Capital Markets
1M -2.9% · 3M -6.3%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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