As of 3:30 PM IST on February 24, 2025, ITI Ltd’s share price closed at ₹274.20, marking a decline of 2.78% from its previous closing price. This downward movement comes after the stock hit the upper circuit for three consecutive trading days, indicating strong buying interest in the past sessions, which has now seen some correction. Despite the recent surge, ITI Ltd has delivered a negative return of 20% over the last month, reflecting broader market volatility, profit booking, or company-specific developments. Over the last six months, the stock has declined by 6.51%, suggesting a mixed trend with short-term spikes but an overall downward trajectory. Investors might be reacting to factors such as earnings reports, government contracts, or shifts in telecom and defense sector policies, given ITI Ltd’s role as a key player in these industries. The stock’s performance in the coming weeks will depend on market sentiment, institutional participation, and any upcoming announcements that could influence its growth prospects.
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.
