1 hr ago
India Tourism Development Shares Surge 16% Amid Market Rally
India Tourism Development’s share price rose sharply on Thursday.
Its shares climbed as much as 16% and reached ₹736.
Many shares were traded during the session.
The wider Indian stock market also opened slightly higher.
Investors were watching the company before its dividend record date on 15 September.
The company has proposed paying a final dividend of ₹2.95 per share, subject to board approval.
Its turnover increased in the first quarter of FY2026-27.
Its profit before tax also grew compared with the same period a year earlier.
India Tourism Development shares rose 16% intraday to ₹736 on the NSE after opening at ₹629.65.
The company’s market capitalisation reached ₹6,119.65 crore as of 12:55 p.m.
About 54.64 lakh shares changed hands on the NSE during Thursday’s session.
The rally came ahead of the company’s 15 September dividend record date for a proposed ₹2.95-per-share final dividend.
India Tourism Development reported Q1 FY2026-27 turnover growth of 4% year-on-year and an 11% rise in profit before tax.
- Who
- India Tourism Development Corporation and its shareholders.
- What
- The company’s shares jumped more than 16% during intraday trading.
- Where
- On the National Stock Exchange in India.
- When
- Thursday, 10 September; the article does not specify the year for the trading session.
- Why
- The rise occurred amid a broader market rally, heavy trading volume and investor attention ahead of the 15 September dividend record date.
Key facts
- Intraday high
- ₹736 per share
- Opening price
- ₹629.65 per share
- Market capitalisation
- ₹6,119.65 crore as of 12:55 p.m.
- Trading volume
- Approximately 54.64 lakh shares on the NSE
- Proposed final dividend
- ₹2.95 per share, subject to board approval
- Dividend record date
- 15 September
- Q1 FY2026-27 turnover
- Up 4% year-on-year
- Q1 FY2026-27 profit before tax
- Up 11% year-on-year
Sources
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