HLV Ltd. Share Price

Daily Index View : NIFTY50 as on 06/04/2026

🎯 Market Surface : Intraday Prospective 🚨 Current Market Trend: Negative 📉 - Probability -10% 🔍 Key Level to Watch: 22642 🔄 Current Market Surface: The trend will stay negative until the market stay below 22642 That’s 71 points away from the last trading price. Information Surface (Subjective View) 🌐 Sentiments: Dow Jones Futures is Trading Flat to Negative & HANG SENG Index is trading Negative - Probability: -41% Market Bies is Negative- it can Fall substatially on intrday as well 💯 Total probability based on Market Surface : (Objective View) & Information Surface (Subjective View) is -61% FALSE Top stock to watch out for is

ITC Strengthens Hospitality Footprint Ahead of Hotels Demerger

In a strategic move ahead of its hotels business demerger, ITC Ltd has consolidated its stake in two leading hospitality brands, Oberoi (EIH) and Leela Mumbai (HLV). ITC acquired 2.44% of EIH’s share capital (1.52 crore equity shares) and 0.53% of HLV’s share capital (34.60 lakh equity shares) from its wholly-owned subsidiary, Russell Credit Ltd, for over ₹111 crore. This brings ITC's total shareholding to 16.13% in EIH and 8.11% in HLV. This acquisition aligns with ITC’s October 2024 decision to consolidate its hospitality investments. EIH manages luxury brands such as Oberoi and Trident, while HLV operates The Leela Mumbai, strengthening ITC’s presence in premium hospitality. The demerger, effective January 1, 2025, will create a new entity, ITC Hotels Ltd, to focus solely on the hotels business. ITC shareholders will hold 60% direct ownership in ITC Hotels proportionate to their current shareholding, while ITC retains 40% ownership. Key investments in hospitality entities like Fortune Park Hotels, Srinivasa Resorts, and WelcomHotels Lanka Pvt Ltd will also transition to ITC Hotels under this plan. With over 140 luxury hotels across 90+ locations, ITC Hotels has been a trailblazer in the Indian hospitality space since its launch in 1975. This demerger positions ITC Hotels as a standalone luxury hospitality leader while empowering ITC to sharpen its focus on diversified growth.

Consumer Goods Sector

ITC made strategic investments by acquiring stakes in hospitality companies

Indian stock market

The Indian stock market saw a mixed trend today, with the Sensex falling by 0.83% and the Nifty trading below its 50 Day Moving Average (DMA). The market opened flat with a change of 47.56 points, but soon saw a decline of -716.37 points to reach 79,565.27. The advance decline ratio across BSE500 was almost equal with 251 advances and 245 declines, indicating a balanced market sentiment. Small cap stocks were the top performers today, with BSE Small Cap gaining by 0.36%. On the other hand, BSE100 caps saw a decline of 0.6%. The top gainers in the BSE500 index were Adani Total Gas, Adani Energy Sol, and Adani Green, with gains of 14.19%, 10.00%, and 10.00% respectively. The top losers were Triveni Turbine, Amber Enterp., and Infosys, with declines of -4.49%, -3.67%, and -3.01% respectively. In terms of sectoral performance, out of 38 sectors, 16 sectors advanced while 22 sectors declined. The top losing sector was BSE IT with a decline of -1.93%, while the top gaining sector was S&P BSE Utilities with a gain of 1.05%. Large caps traded flat today, with Tube Investments being the top gainer with a gain of 6.28%. In the mid cap segment, Tube Investments was also the top gainer with a gain of 6.28%, while in the small cap segment, HLV was the top gainer with a gain of 11.43%. On the other hand, Infosys, Ajanta Pharma, and Triveni Turbine were the top losers in the large cap, mid cap, and small cap segments respectively. Overall, the market today was driven by a mixed sentiment, with small cap stocks leading the way. The decline in Sensex and Nifty can be attributed to the trading below their 50 DMA, while the 50 DMA is trading above its 200 DMA. Investors will continue to monitor the market closely for any further developments.