ITC investors may gain ₹20/stock after hotel demerger if tax bill doesn’t spike: Amnish Aggarwal

ITC will hold a 40% stake in ITC Hotels after its listing, possibly lowering its value by Rs 15-17. Key events for ITC include the ITC Hotels demerger, a potential interim dividend in February, and the upcoming Budget. These events could impact ITC's returns and excise duties affecting the stock performance.