Goverenment kicks of its disinvest program by selling 2% in ITC
Tuesday, February 7, 2017, 12:35 PM
The stock of ITC hit a 52 week high at 291.95 in early trades on Tuesday, 7th February. Government through its holding company SUUTI, has sold 2% stake in ITC for Rs 6,500 to 6,700 crore. The shares of ITC were sold anywhere between Rs 268 to 277 per share and SUUTI's holding in ITC now falls below 10%.