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ITI surges on partnering with Thalamus Irwine

26 Mar 2021 Evaluate

ITI is currently trading at Rs. 115.60, up by 2.30 points or 2.03% from its previous closing of Rs. 113.30 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 117.50 and Rs. 114.00 respectively. So far 75348 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 151.60 on 19-Aug-2020 and a 52 week low of Rs. 50.25 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 121.90 and Rs. 111.75 respectively. The current market cap of the company is Rs. 10884.88 crore.

The promoters holding in the company stood at 90.30%, while Institutions and Non-Institutions held 7.53% and 2.16% respectively.

ITI along with domestic start-up Thalamus Irwine will jointly bid for health projects, including the National Digital Health Mission, to deploy artificial intelligence-enabled solution for digital health record system.

ITI with Thalamus Irwine conducted a live demonstration of Garuda Blockchain Platform at Vidya Ankur Basti Vikas Kendra, run by Agnel Charities, to test COVID-19 patients.

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 787.30
ITI 256.00
Tejas Networks 521.65
Quadrant Televenture 0.79
Valiant Communicatns 1320.15
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