ITI Ltd closed today at ₹288.20. The stock hit a lower circuit at ₹268 before recovering and reaching an intraday high of ₹295, showcasing significant price fluctuations. Despite the slight gain of 2.16% in today’s session, ITI Ltd has experienced a sharp decline over the past month, delivering a negative return of -34.16%. Over the last three months, the stock has further struggled, recording a -11.56% drop, indicating ongoing bearish sentiment. Investors will be closely watching the stock’s movements, particularly in the context of broader market trends and company-specific developments, to assess its potential recovery or further downside.
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.
