Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this year
60-Word AI Digest
ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds bought stakes. The transaction comes as ITC shares remain under pressure from taxation concerns and weak volume recovery.
Key Takeaways
- ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds bought stakes.
- The transaction comes as ITC shares remain under pressure from taxation concerns and weak volume recovery.
- Full details and original dispatch available below.
ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds bought stakes. The transaction comes as ITC shares remain under pressure from taxation concerns and weak volume recovery.
Original Publisher Attribution
This summary was curated from Economic Times.