
ITC shares decline over 3%; market valuation drops by ₹17,269 crore
The British multinational bat PLC dropped the ITC shares over 3% after reducing its ownership by dividing the 2.5% stake for ₹ 12,927 crore ($ 1.51 billion) through the block deal. The stock fell by 3.18% to settle at ₹ 420.10 on BSE. During the day, it lost 4.33% to ₹ 415.10. In NSE, it…