ITC doubles down: Hotels arm buys Zuri for ₹205 cr, parent takes 49.3% of Mother Sparsh
Pre-market roundup flags two ITC group bets — ITC Hotels' ₹205 cr Zuri acquisition and a ₹30 cr, 49.3% stake in ayurvedic personal-care brand Mother Sparsh. Q4 prints split: Orkla India profit up 108.5%, Hatsun revenue up 14.9%, while Trident (-12.4%) and Hindware (-5.2%) slip. United Breweries launches Heineken Silver in Haryana.
What happened
Pre-market wrap: ITC Hotels acquires Zuri (Rs 205 cr); ITC takes 49.3% in Mother Sparsh; Q4 prints from Orkla India, Hatsun Agro, Trident, Hindware, Metro
Key facts
- ITC Hotels acquired Zuri for Rs 205 crore EV
- ITC bought 49.3% in Mother Sparsh for Rs 30 crore
- Orkla India Q4 revenue Rs 626 cr up 5%, net profit Rs 73.4 cr up 108.5%
- Hatsun Agro revenue Rs 2,578 cr up 14.9%
- Trident revenue Rs 1,633 cr down 12.4%
- Hindware revenue Rs 663 cr down 5.2%
- Heineken Silver launched in Haryana
- Airtel Priority Postpaid Rs 449-1,749
Why this matters
Mother Sparsh at 49.3% for ₹30 cr implies a sub-₹65 cr post-money, setting a cheap benchmark for ayurvedic D2C stakes and inviting strategic counter-bids.