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ITI soars on commencing work for S-NOC of BharatNet Phase-III Project in Himachal Pradesh

09 Apr 2025 Evaluate

ITI is currently trading at Rs. 251.15, up by 8.40 points or 3.46% from its previous closing of Rs. 242.75 on the BSE.

The scrip opened at Rs. 242.35 and has touched a high and low of Rs. 254.85 and Rs. 237.00 respectively. So far 28616 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 592.85 on 07-Jan-2025 and a 52 week low of Rs. 210.20 on 25-Oct-2024.

Last one week high and low of the scrip stood at Rs. 254.95 and Rs. 233.55 respectively. The current market cap of the company is Rs. 24132.68 crore.

The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 8.01% and 2.00% respectively.

ITI has commenced the work for State Network Operations Center (S-NOC) of the BharatNet Phase-III Project at Solan in Himachal Pradesh in coordination with BSNL. The S-NOC is a centralized location where the company will monitor and manage the performance, security, and availability of project’s network infrastructure, ensuring efficient delivery of services. 

The project will be implemented by the company and under this scheme, 3,615 gram panchayats will be connected to 91 block headquarters via 10 Gbps bandwidth, which will be connected to the BSNL IP-MPLS Ring Network. This connectivity will be extended to 15,538 villages across the state. Approximately 20,000 kilometres of optical fiber cable (OFC) will be laid in across Himachal Pradesh for this project. Upon completion, the project will make high-speed internet service available easily in every village, promoting education, health, business, and e-governance in Himachal Pradesh.

ITI is primarily engaged in the business of manufacture, sale and servicing of telecommunication equipments and rendering other associated / ancillary services.

ITI Share Price

292.35 -5.20 (-1.75%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 443.40
ITI 292.35
Sedemac Mechatronics 1647.80
Black Box 524.25
Quadrant Televenture 0.34
View more..

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