SummaryAccording to reports, ITC’s largest public shareholder British American Tobacco (BAT) is likely to divest a part of its shareholding in the Indian FMCG giant. This is for the first time the stock slipped below the ₹400 mark since February 16 this year and the second time since April 2023. Shares of hotels-to-cigarette conglomerate ITC Ltd declined more than 2% to fall below the ₹400 level on Tuesday for the first time in more than three weeks, amid reports that its largest…
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