On Monday, December 9, 2024, ITI Ltd’s stock, traded under the ticker ITI:NSI, closed at ₹371.60 per share. This marks a performance just 4.22% below its 52-week high of ₹384.30, which was achieved earlier this year on January 17, 2024. The closing price reflects ITI Ltd’s consistent market strength in the telecommunications sector, with a robust day’s range and significant investor interest. The performance highlights the stock’s resilience and its potential appeal as a strategic investment within its industry.
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.