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.

Recent dealer reports indicate that cigarette prices have increased by up to ₹2 per stick in certain areas. The price adjustments affect ITC 's tobacco product portfolio across select markets, reflecting changes in the cigarette pricing landscape.

Price Adjustment Details

According to dealer reports, the price increases vary across different regions, with some areas experiencing the maximum increase of ₹2 per stick. The adjustments appear to be implemented at the retail level, as indicated by feedback from the dealer network.

Market Impact

The price adjustments come as dealers across various markets report changes in cigarette pricing structures. The increases are being observed in specific geographical areas, suggesting a targeted approach to pricing modifications in the tobacco segment.

The dealer network's reports provide insights into the current pricing dynamics in the cigarette market, with variations observed across different regions. These price changes reflect the ongoing adjustments in the tobacco products sector.