ITI Share Price Soars 9%: Reached All-Time High

The share price of ITI has witnessed a significant surge in its share price, reaching ₹376.10 as of December 31, 2024. This marks a remarkable increase of nearly 9%, following a period of strong performance. ITI share price has also touched an all-time high of ₹413.95. Over the past year, ITI Ltd. has delivered an impressive return of 34.33%, showcasing its strong growth trajectory.

ITI Latest Business Update

ITI Ltd. has recently secured a ₹95 Crore contract from the Directorate of Geology & Mining, Government of Uttarakhand, for the Mining Digital Transformation & Surveillance System (MDTSS) project. This initiative aims to combat illegal mining and mineral transportation in the state while boosting revenue generation for the government.

Additionally, ITI Ltd. has emerged as the Lowest Bidder (L1) for Package No. 15 of the BharatNet Phase-3 project, covering the states of Arunachal Pradesh, Nagaland, and Manipur, with an order value of ₹1,537 Crores. On November 7, 2024, the company was also named L1 for Package Nos. 8, 9, and 15, which cover Himachal Pradesh, West Bengal, and the Andaman and Nicobar Islands, with a combined order value of ₹3,022 Crores. With these wins, ITI Ltd. has secured a total order value of ₹4,559 Crores across three BharatNet packages.

About ITI Limited

ITI Limited is a leading manufacturer, trader, and service provider of telecommunication equipment, offering a wide range of associated and ancillary services. The company specializes in providing telecommunication services and solutions to its clients.

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