ITC Hotels shares fall 5% after listing. Should you buy, sell or hold?

ITC Hotels shares debuted at Rs 188 on BSE following the ITC Ltd demerger, but quickly hit a 5% lower circuit due to shareholder exits. Despite this, analysts suggest holding onto the shares, citing growth prospects in hospitality, a favorable demand-supply outlook, and the companys strategic expansion plans. The listing price was 31% lower than the special price discovery value.