HomeNewsBusinessMarketsITC shares surge 8% following BAT's 3.5% stake sale; biggest intraday gain in 4 years

ITC shares surge 8% following BAT's 3.5% stake sale; biggest intraday gain in 4 years

The stake sale could lead to a re-rating of ITC's stock, per experts and the increase in free float will cause an upward adjustment in the weights on the index.

So far in 2024, ITC stock is lower by around 8 percent.

Moneycontrol News

first published: Mar 13, 2024 11:12 am

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ITC shares surge 8% following BAT's 3.5% stake sale; biggest intraday gain in 4 years

The stake sale could lead to a re-rating of ITC's stock, per experts and the increase in free float will cause an upward adjustment in the weights on the index.

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