As of 3:30 PM IST on January 24, 2025, ITI Ltd’s share price stood at ₹344, reflecting a sharp decline of 5% compared to its previous closing price of ₹364. Despite today’s significant drop, the stock has managed to inch up by 0.07% over the past month on the NSE, indicating a largely stable performance during this period. The current decline could be attributed to profit booking, market volatility, or specific developments impacting investor sentiment. However, ITI Ltd’s position in the telecom and technology infrastructure sector, coupled with its role in key government initiatives such as BharatNet, underlines its potential for future growth. While short-term fluctuations are evident, the stock’s overall performance reflects its ability to hold ground amidst changing market conditions.
About ITI Ltd
ITI Limited is an Indian company engaged in manufacturing, trading, and servicing telecommunication equipment, along with providing various associated and ancillary services. The company produces a range of telecom equipment, including electronic switching exchanges, transmission equipment, microelectronics, and telephone instruments. Its electronic product portfolio extends to Digital Mobile Radio systems, smart energy meters, mini personal computers, Smaash laptops, 3D printing, and bank automation products, among others. ITI also offers traded products such as Optical Transport Network equipment, managed leased line network products, signaling point network solutions, IP/MPLS routers and switches, and network management system solutions. The company operates six manufacturing facilities across India, located in Bengaluru (Karnataka), Naini (Uttar Pradesh), Rae Bareli (Uttar Pradesh), Mankapur (Uttar Pradesh), Palakkad (Kerala), and Srinagar (Jammu and Kashmir), with a network system unit based in Bengaluru.
