As of 3:30 PM IST on December 30, 2024, ITI Ltd’s share price reached ₹375.10, marking a remarkable surge of 14.26% compared to the previous closing price. This significant single-day increase reflects strong investor sentiment and possibly favorable market developments for the company. Over the past month, ITI Ltd’s share price has exhibited an impressive upward trend, climbing by 30.90% on the NSE. This sharp rise underscores growing confidence in the company’s business prospects, technological advancements, or strategic initiatives. The notable performance over the month places ITI Ltd in the spotlight as a key performer in its sector, attracting attention from investors looking for high-growth opportunities in the telecommunications and technology space.
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.