- ITC Hotels becomes independent post-demerger, with analysts predicting a 29% upside in shares.
- Titan sees a 1% rise after reporting 24% YoY growth in Q3FY25.
- Gensol Engineering shares jump 6% following a major ₹1,061 crore solar project win.
On January 1, 2025, ITC completed its strategic demerger, creating a separate entity for its hospitality division, ITC Hotels. The move, expected to unlock shareholder value, has analysts predicting a potential upside of up to 29% for ITC’s shares in the near term.
In other market news, Titan’s shares gained over 1% after posting a 24% year-on-year growth in Q3FY25, trading at ₹3,490. Gensol Engineering, a small-cap solar and EV player, also saw a 6.13% surge in share price after receiving a ₹1,061 crore contract for a major solar PV project in Gujarat.
Stock Market Highlights: ITC, Titan, Gensol Engineering, and DMart on January 6, 2025
ITC’s recent demerger, which officially separated its hospitality division, has generated significant attention in the financial world. Analysts have been quick to predict a 29% upside for the company’s shares, viewing the strategic restructuring as a catalyst for unlocking shareholder value. The demerger, with a ratio of 1:10, also allows investors to hold on to the full ownership of ITC Hotels once shares are listed in the coming months.
Titan has also impressed investors with its recent quarterly performance, showing a strong 24% growth in its year-on-year earnings for Q3FY25. The market responded positively, with the stock rising over 1% and opening at ₹3,490. This growth highlights Titan’s continued success in the consumer market, despite the challenges faced by many sectors.
Meanwhile, Gensol Engineering’s shares saw an impressive surge after the company announced that it had won a major ₹1,061 crore EPC contract for a 275 MW solar PV project in Gujarat. The solar and EV sectors continue to thrive, and Gensol’s recent success in securing a large-scale project boosted investor confidence in the small-cap stock.
Avenue Supermarts, owner of DMart, faced some volatility on January 6 after the exchanges sought clarification on unusual stock volume movements. The stock price declined following this scrutiny, creating uncertainty about potential future movements. Investors are awaiting more clarity before making further decisions.
As we move further into 2025, market developments around ITC’s demerger, Titan’s performance, and Gensol Engineering’s growth show the resilience of key sectors like hospitality, retail, and renewable energy. Investors remain keenly focused on these opportunities.
“Restructuring to unlock shareholder value and sustained growth in key sectors like retail and solar energy continues to drive market optimism in 2025.”