1ITC shares fall below Rs 400, down 2%, amid BAT’s stake reduction plans.
ITC shares slide below Rs 400-mark amid BAT’s stake reduction plans. BAT seeks to divest stake via block deals worth $2.5 billion. Analysts foresee short-term pressure but highlight ITC’s long-term prospects. Regulatory hurdles challenge BAT’s stake reduction in ITC. ITC stock settles at Rs 409.2, marking a 1.05% decline; YTD correction at 12% vs. Nifty … Read more