After Welcomhotel Manesar, ITC Hotels expands Delhi-NCR presence with 105-key Fortune Select Greater Noida
ITC set out an expansion.
· LiveMint Companies
ITC Hotels has signed a management agreement for the 105-key Fortune Select Greater Noida, expanding the brand’s presence in Uttar Pradesh and the NCR. Located at India Expo Plaza, the hotel will cater to corporate, MICE and leisure guests and is expected to open early next year.
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
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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