On March 12, 2024, the share price of ITC Ltd. on the Bombay Stock Exchange (BSE) stands at ₹404.45, reflecting a decrease of 1.21% for the day. The opening price was ₹406.50, while the previous close was ₹409.40.

According to Sources that British American Tobacco (BAT), ITC's largest shareholder, is preparing to sell its stake in the company this week. Currently, BAT holds a 29% stake in ITC according to the shareholding pattern until December quarter. In February, BAT indicated that its stake in ITC is significant and it might consider raising some funds and deploying them elsewhere.

About ITC Ltd ITC is one of India's top private companies with a wide range of businesses like consumer goods, hotels, packaging, farming, and tech. It's highly valued, making around ₹69,481 crores in sales and ₹18,753.31 crores in profit as of March 31, 2023. A survey by Fortune India and Hay Group ranked ITC as the most admired company in India.

On March 12, 2024, the share price of ITC Ltd. on the Bombay Stock Exchange (BSE) stands at ₹404.45, reflecting a decrease of 1.21% for the day. The opening price was ₹406.50, while the previous close was ₹409.40.

ITC share Price NSE BSE India

Why ITC shares plummeted

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The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.