ITI Ltd’s stock opened at ₹254 today but remained in negative territory throughout the trading session, reflecting sustained selling pressure. The stock eventually closed lower at ₹247.40 on the NSE, marking a 2.35% decline for the day. This persistent downward trend is in line with its broader underperformance, as ITI has delivered a negative return of 6.62% over the past month and a steep 33.85% decline in the last three months. The sharp losses indicate investor concerns over the company’s growth outlook, financial health, or sector-related challenges, particularly in the telecom manufacturing and infrastructure space. As a key government-backed telecom equipment provider, ITI’s stock performance is often influenced by contract wins, policy decisions, and execution of projects like BharatNet. While market sentiment remains bearish, any positive triggers, such as new government orders, improved earnings, or strategic partnerships, could help the stock regain momentum. Investors will closely watch upcoming developments to assess whether ITI can reverse its downward trajectory or continue facing pressure in the near term.
About ITI Limited
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.
