itc block deal: BAT sells ITC stake for Rs 17,400 crore; over 30 institutional investors pick up shares
The big sale by BAT turned out to be a blessing in disguise rather than a nightmare for shareholders of ITC, as the stock shot up nearly 9% intraday. The stock ended 4.5% higher on the BSE at Rs 422.40. This indicates the strong institutional interest in the stock given the upbeat growth outlook.
United States Aditya Birla Sun Blackstone Group International Monetary Fund Kuwait Investment Authority People Bank
Source: indiatimes.com