ITC saw a large block deal on Thursday, with a GQG-linked emerging markets fund selling shares worth about Rs 9,395 crore at Rs 257.35 apiece, even as Fidelity, ICICI Prudential Mutual Fund, SBI Mutual Fund and other domestic and foreign investors bought into the FMCG major. According to block deal data, GQG Partners Emerging Markets Equity Fund sold 36.51 crore ITC shares across multiple tranches.
Another seller, Alliance Witan Plc, sold 16.11 lakh shares worth about Rs 41 crore. The total block deal value stood at nearly Rs 9,437 crore.
