ITI is currently trading at Rs. 84.40, up by 0.45 points or 0.54% from its previous closing of Rs. 83.95 on the BSE.
The scrip opened at Rs. 84.60 and has touched a high and low of Rs. 85.75 and Rs. 83.60 respectively. So far 9922 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.80 on 17-Jan-2019 and a 52 week low of Rs. 56.15 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 87.50 and Rs. 80.00 respectively. The current market cap of the company is Rs. 7530.32 crore.
The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 7.79% and 2.22% respectively.
ITI has launched its cloud services and solutions platform for central and state government entities, banks, public sector undertakings, small and medium enterprises and Start Ups in India. The newly launched Cloud services include Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) and Storage as a Service (STaaS).
The Cloud facility is expected to achieve optimum utilization of the infrastructure and speed up the development and deployment of various ICT-IOT based applications for customers.
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.
