Seeing the price of ITC’s share going to a record high, the government is re-thinking the plan of selling its stake in it.
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The central government can reduce its stake in FMCG company ITC. Seeing the price of ITC’s share going to a record high, the government is re-thinking the plan of selling its stake in it. If the stake sale deal is completed before March, it will help in reaching the target of disinvestment fixed in the financial year 2022-23. The government has 7.8 percent stake in ITC.
