MoneyWorks4Me

ITI trades higher on the BSE

18 Jul 2023 Evaluate

ITI is currently trading at Rs. 110.20, up by 2.05 points or 1.90% from its previous closing of Rs. 108.15 on the BSE.

The scrip opened at Rs. 110.05 and has touched a high and low of Rs. 113.00 and Rs. 109.75 respectively. So far 44878 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 129.50 on 21-Jul-2022 and a 52 week low of Rs. 86.50 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 113.00 and Rs. 106.30 respectively. The current market cap of the company is Rs. 10598.58 crore.

The promoters holding in the company stood at 90.28%, while Institutions and Non-Institutions held 7.71% and 2.01% respectively.

ITI has won accolades from ISRO (Indian Space Research Organisation), and Department of Telecommunications (Ministry of Communications) for playing a significant role in the successful launch of Chandrayaan-3 (LVM3-M4) that was launched from Satish Dhawan Space Centre (SDSC) in Sriharikota on July 14, 2023.

The flight vehicle of this prestigious mission had on its board 55 packages manufactured by ITI adhering to the stringent highest quality standards of ISRO. India’s third moon mission, Chandrayaan-3, had a perfect successful launch onboard a Mark-3 (LVM-3) rocket.

ITI, country’s premier telecom company and multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment.

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