As of 03:30 PM IST on January 1, 2025, the share price of ITI Ltd was trading at ₹383, marking a 1.07% decline from its previous closing price of ₹386.10. Despite this slight dip, ITI Ltd has demonstrated a strong upward trend over the past month, with its share price surging by an impressive 33.66% on the NSE. This significant gain indicates growing investor confidence in the company, likely driven by positive developments such as robust financial performance, successful project executions, or strategic business initiatives. ITI Ltd’s position as a key player in India’s telecommunications and manufacturing sectors, particularly in providing support to the government’s digital infrastructure projects like BharatNet, could also be contributing to its stock market rally.
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.
