ITI trades higher on starting manufacturing face shields

28 May 2020

ITI is currently trading at Rs. 83.50, up by 0.70 points or 0.85 % from its previous closing of Rs. 82.80 on the BSE.

The scrip opened at Rs. 83.00 and has touched a high and low of Rs. 83.50 and Rs. 82.75 respectively. So far 5421 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.45 on 07-Jan-2020 and a 52 week low of Rs. 44.90 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 83.85 and Rs. 80.20 respectively. The current market cap of the company is Rs. 7659.99 crore.

The promoters holding in the company stood at 90.30 % while Institutions and Non-Institutions held 7.54 % and 2.15 % respectively.

ITI has started manufacturing face shields, with a capacity to produce 5 lakh units per month. The company has started providing face shields to healthcare workers, NGOs, local administration, among others, on complimentary basis, and will provide it to airport staff, police, municipal corporations, state governments and corporates in the second phase. The company is now capable of producing 5 lakh face shields monthly which may be extended to 15 lakh face shields per month in the coming days.

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.

ITI Share Price

103.95 0.25 (0.24%) Jul 02, 12:13
1 Year Price Chart
Peers
Company Name CMP
HFCL 15.85
ITI 103.95
GTL Infrastructure 0.85
Quadrant Televenture 0.25
AGC Networks 304.00
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Sensex vs ITI
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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