ITC executed a substantial block trade on the National Stock Exchange (NSE), with approximately 1,186,665 shares changing hands in a single transaction. The deal was valued at ₹47.80 crores, executed at a price of ₹402.80 per share.

Block Trade Details

The transaction represents significant institutional activity in ITC's stock, with the following parameters:

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are usually conducted outside regular market hours or through special trading sessions to minimize the impact on the stock's market price. The substantial volume of shares traded indicates continued institutional interest in ITC's stock at the executed price level.

Transaction Impact

The block trade at ₹402.80 per share provides insight into institutional valuation of ITC at current market levels. Such large-volume transactions often reflect portfolio rebalancing activities or strategic investment decisions by institutional players in the tobacco and diversified conglomerate sector.

ITC has witnessed significant block trading activity across both major stock exchanges, with transactions totaling over ₹1,858 crores. The consumer goods giant saw substantial institutional activity through separate block trades on BSE and NSE platforms.

BSE Block Trade Transaction

The larger transaction occurred on the Bombay Stock Exchange (BSE), involving approximately 4.46 crore shares executed at ₹401.90 per share, resulting in a total transaction value of ₹1,793.9 crores. This substantial trade represents significant institutional investor activity in one of India's leading consumer goods companies.

NSE Block Trade Activity

Additionally, ITC recorded another block trade on the National Stock Exchange (NSE) worth ₹64.76 crores. This transaction involved approximately 16.11 lakh shares executed at ₹402.10 per share, demonstrating continued institutional interest across multiple trading platforms.

Market Implications

Block trades are pre-negotiated transactions between large investors that are executed outside the regular market to avoid impacting the stock's market price. These transactions are typically conducted when institutional investors need to buy or sell large quantities of shares without causing significant price volatility in the regular trading session.

The execution prices of ₹401.90 and ₹402.10 per share across both exchanges provide insight into the consistent valuation at which large institutional investors are willing to transact in ITC shares. Such substantial block trades often reflect strategic investment decisions or portfolio rebalancing activities by major market participants.

Combined Transaction Significance

The combined scale of these block trades, totaling over ₹1,858 crores across both exchanges, demonstrates the continued strong interest of institutional investors in ITC. Block trades serve as an important mechanism for large-scale equity transactions while maintaining market stability and providing liquidity for substantial investment flows in the tobacco and consumer goods sector.