On December 11, 2024, ITI Ltd’s share price was ₹358.50 as of the market close, marking a significant decline of 31.40% compared to the previous closing price of ₹383.25. Despite this steep drop, the stock has shown a positive trend over the last month, climbing by 11.12%, suggesting strong prior momentum. The recent fluctuation may reflect market reactions to external factors or company-specific developments, including broader trends in the telecommunications and IT sectors. Investors are likely monitoring ITI’s performance closely, as it remains a key player in India’s growing digital and connectivity initiatives, which have fueled optimism in its long-term growth potential.
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.
