Is ITC still a strong bet post its hotel demerger? With ITC Hotels now separately listed, investors are keen to understand the future growth prospects of both entities. In this in-depth discussion from Market Today on Business Today TV, Gaurav Dua, Head of Capital Market Strategy at Mirae Asset Sharekhan, shares his expert insights on ITC’s earnings outlook, post-demerger valuation, and the challenges ahead for its core business. According to Gaurav Dua, ITC Hotels, now listed, remains a stock worth holding, with a price target of ₹230-240. Meanwhile, ITC’s core business remains stable, with no adverse budget announcements—a relief for shareholders. However, he highlights concerns over volume growth and the company’s declining market share due to rising competition from Philips. Investors will be closely watching management’s strategy to counter competition and drive future expansion. For fresh retail investors, the big question is: Should one invest in ITC or ITC Hotels? While ITC remains a cash-rich giant, ITC Hotels presents a new trading opportunity post-demerger. Watch the full discussion as Gaurav Dua deciphers the investment potential of both stocks and what lies ahead for ITC investors!