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ITC shares rise 2% a day after hitting a 52-week low following GQG’s Rs 9,395 crore stake sale. What lies ahead?
The Economic Times
October 9, 2026
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ITC shares rose around 2% on Friday as the stock recovered some losses a day after tumbling to a 52-week low as Rajiv Jain-backed GQG sold shares worth around Rs 9,395 crore in a block deal, reducing its stake in the FMCG major after the stock crashed 30% in 2026 so far amid multiple headwinds.GQG-l
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