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ITCHOTELS ITC Hotels News Story

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Consumer CyclicalsAdventurousLarge CapHigh Flyer

India's ITC Hotels hits record high on quarterly profit surge

** Shares of ITC Hotels ITCT.NS rise as much as nearly 7% to a record high of 244.40 rupees; last up 5.6%

** Hotel operator's Q1 consol net profit rises nearly 54% Y/Y, revenue up 15.5 Y/Y

** Trading volume at 12.5 mln shares so far, more than 3x 30-day avg

** ITCT up about 40% since listing on Jan 29

($1 = 85.9100 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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