As of 3:35 PM IST on January 21, 2025, ITI Ltd’s share price stood at ₹365.85, marking a decline of 4.55% from its previous closing price of ₹384.54. Despite the dip, the stock has shown a positive trajectory over the past month, gaining 7.26% on the NSE. This recent downturn could be attributed to profit booking or broader market volatility, but the stock’s monthly performance highlights underlying strength, possibly driven by strong financial results, new contract wins, or advancements in its business strategy. ITI Ltd’s consistent focus on expanding its presence in the telecom and technology infrastructure sectors could further bolster investor confidence, suggesting potential for long-term growth despite short-term fluctuations.
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.