As of 3:30 PM IST on December 19, 2024, ITI Ltd’s share price stood at ₹358, reflecting a modest decline of 1.16% from its previous closing price of ₹362.30. This dip comes amidst mixed market sentiment, as the stock has experienced fluctuations in response to broader industry dynamics and company-specific developments. ITI Ltd, a key player in the telecom and electronics manufacturing sector, remains strategically important due to its contributions to government-driven initiatives like BharatNet and other digital infrastructure projects. While the stock saw a slight decline today, its overall trajectory suggests resilience, supported by its innovative product portfolio and growing demand for telecom equipment and services in India. Investors are closely monitoring ITI Ltd’s performance, given its significant role in advancing the nation’s digital connectivity goals, which could offer potential for future growth despite short-term market volatility.
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.
