ITC Shares See Major Block Trade: 2.53 Million Shares Change Hands
A significant block trade of ITC Ltd shares occurred on the National Stock Exchange (NSE). The transaction involved 2,531,944 shares traded at Rs. 419.65 per share, totaling Rs. 106.25 crores. This large-scale trade has drawn attention from market observers, potentially signaling shifts in institutional holdings or reflecting investor perspectives on the stock.

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In a significant market move, ITC Ltd , one of India's leading conglomerates, witnessed a substantial block trade on the National Stock Exchange (NSE). The transaction, which caught the attention of market watchers, involved a considerable volume of shares changing hands at a notable price point.
Block Trade Details
The block trade, executed on the NSE, comprised approximately 2,531,944 shares of ITC Ltd. The transaction was carried out at a price of Rs. 419.65 per share, resulting in a total deal value of Rs. 106.25 crores.
Transaction Summary
Detail | Value |
---|---|
Number of Shares | 2,531,944 |
Price per Share | Rs. 419.65 |
Total Deal Value | Rs. 106.25 crores |
Market Impact
Block trades of this magnitude often draw significant attention from investors and analysts alike, as they can potentially signal shifts in institutional holdings or reflect large investors' perspectives on the stock. However, it's important to note that the reasons behind such trades are not always immediately apparent and can vary widely.
About ITC Ltd
ITC Ltd is a diversified conglomerate with a strong presence in various sectors, including:
- FMCG (Fast-Moving Consumer Goods)
- Hotels
- Paperboards and Packaging
- Agri-business
- Information Technology
The company is particularly known for its tobacco business but has successfully diversified into other fast-moving consumer goods and hospitality sectors over the years.
While this block trade represents a notable transaction in ITC's shares, it's crucial for investors to consider a broader range of factors when assessing the company's overall market position and future prospects.
Historical Stock Returns for ITC
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.52% | -0.82% | -1.51% | -10.74% | +2.59% | +112.06% |