BusinessITC Shares Fall 4% to 52-Week Low After Block Deal
ITC Ltd shares dropped over 4% to a 52-week low of Rs 254 on the BSE after a block deal involving 36 crore shares worth Rs 9,437 crore at Rs 257.35 each. The decline coincides with recent price hikes in ITC's cigarette brands, including Classic Connect and Gold Flake Super Star, which saw increases of 9.74% and 12.66% respectively.
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