ITC Executes ₹52.94 Crore Block Trade on NSE at ₹325.55 Per Share
ITC Limited executed a major block trade on NSE involving 1,626,085 shares at ₹325.55 per share, totaling ₹52.94 crores. The substantial transaction indicates significant institutional investor activity in the stock.
*this image is generated using AI for illustrative purposes only.
ITC Limited witnessed significant trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction involved approximately 1,626,085 shares at a price of ₹325.55 per share, representing a substantial institutional movement in the stock.
Transaction Details
The block trade details highlight the scale of institutional activity in ITC shares:
| Parameter: | Details |
|---|---|
| Total Transaction Value: | ₹52.94 crores |
| Number of Shares: | 1,626,085 shares |
| Price Per Share: | ₹325.55 |
| Exchange: | NSE |
Market Significance
Block trades typically indicate large institutional transactions or bulk transfers between significant investors. Such transactions are executed outside the regular market to avoid impacting the stock's market price during normal trading hours. The substantial value of ₹52.94 crores suggests meaningful investor interest in ITC shares at the executed price level.
The transaction price of ₹325.55 per share provides insight into the valuation at which large investors are willing to transact in ITC stock. Block trades of this magnitude often reflect strategic portfolio adjustments by institutional investors or fund managers.
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