ITI Ltd’s share price surged to hit the upper circuit with a 5% gain, closing at ₹256 on February 19, 2025. The stock opened at ₹239.36 and remained locked at the upper circuit from 10:10 AM until the end of the trading session, indicating strong buying interest and limited selling pressure. The surge in ITI’s stock price comes amid a broader trend of volatility, as the stock has faced significant declines in recent months. Over the past month, ITI has recorded a steep negative return of 33.11%, reflecting investor concerns, while in the last three months, the stock has declined by 13.96%. Despite today’s rally, the long-term performance of the stock remains under pressure, and market participants will be closely watching for any fundamental developments that could drive a sustained recovery.
About ITI
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.
