ITC stock jumps 8.6% after BAT sells 3.5% stake
Financial Express Mumbai|March 14, 2024
ICICI Pru MF, Singapore govt, Bank of America Securities among key buyers in block deal
VIVEAT SUSAN PINTO KISHOR KADAM

SHARES OF CIGARETTES-TOHOTELS major ITC on Wednesday saw the biggest single-day gain since February 2, 2023, after top shareholder British American Tobacco (BAT)'s $2.1-billion stake sale went through, removing a key overhang on the stock.

ICIC Prudential MF bought 124 million shares for ₹4,963 crore; government of Singapore bought 91.55 million shares for ₹3,664 crore; Bank of America Securities purchased 20 million shares for ₹816.5 crore and Citigroup bought 17.55 million shares for ₹702 crore, according to BSE data shared on Wednesday evening.

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Denne historien er fra March 14, 2024-utgaven av Financial Express Mumbai.

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