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ITI redeems preference shares worth Rs 100 crore

24 Sep 2019 Evaluate

ITI has redeemed 1,00,00,000 8.75% Cumulative Redeemable Preference Shares of Rs 100 each aggregating to Rs 100 crore at par held by Mahanagar Telephone Nigam.

ITI offers products and services in the telecom sector. The company has a range of telecom products and total solutions covering the whole spectrum of switching, transmission, access and subscriber premises equipment.

Peers
Company Name CMP
Black Box 765.70
ITI 255.40
Tejas Networks 524.70
Quadrant Televenture 0.76
Valiant Communicatns 1259.90
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