ITDC Shares Skyrocket on Ashok Hotel Asset Monetization Buzz! 🚀

Shares of India Tourism Development Corporation (ITDC) surged in early trade on Wednesday after the company announced a board meeting to discuss the asset monetization of Ashok Hotel. ITDC stock opened at ₹524.50 and soared to an intraday high of ₹589 within minutes of the market opening, reflecting strong investor enthusiasm.

What’s Driving the ITDC Rally?

The ITDC board has informed stock exchanges about an upcoming meeting on March 11, 2025, at The Ashok, New Delhi, where they will consider the asset monetization proposal. A consultant’s presentation on the matter is also scheduled.

Trading Window Closure Notice 📢

In line with regulatory norms, ITDC has imposed a trading window closure from March 4 to March 13, 2025, or until 48 hours after the board’s decision is announced.

With speculation running high, all eyes are now on the March 11 board meeting—will ITDC unlock new value for investors? Stay tuned with HelloTraders! 📈🔥