ITI Ltd share Price Today

ITI Ltd is a public-sector undertaking under the Indian Ministry of Telecommunication. The company was founded in 1948 under the name Indian Telephone Industries. It was incorporated as a public-sector company in 1950. 

The company is listed on the BSE with code 523610 and the NSE with the symbol ITI. On November 22, 2022, ITI Ltd had a market capitalisation of Rs 10,285 crore.

ITI Ltd engages in manufacturing, trading, and servicing telecommunication equipment. Some of the equipment manufactured by ITI Ltd are smart energy meters, mini personal computers, three-dimensional printing, Gigabit Ethernet Passive Optical Networks (GEPON), Optical Line Terminal, etc. The company also builds ruggedised telephones for defense. ITI Ltd has manufacturing facilities in Bengaluru, Naini, Rae Bareli, Mankapur, and Palakkad. Three of these facilities have R&D units. The company has indigenously built and installed the Army Static Switched Communication Network (ASCON).

On November 22, 2022, ITI Ltd share price closed at Rs 108.35, down by 0.78% from the opening price of Rs 109.45. The company’s share prices have risen by 25.07% over the past three years and fell by 8.65% in the past 12 months. The share’s 52-week high was Rs 129.65, and the 52-week low was Rs 81.00 as of November 22, 2022.

ITI Ltd earned Rs 198 crore in revenue in the September quarter of 2022. The company had its best quarter in March 2022, with Rs 1,142 crore in revenue. In the same quarter, the company made a profit of Rs 356 crore, whereas it lost Rs 101 crore in the September quarter.

Promoters hold 90.09% of the company’s shares, while retail shareholders own 9.83% of the shares.

Akhil Kumar is the general manager of ITI Ltd, Ajai Kumar Srivastava is the assistant general manager, Anand Singh is the chairman and managing director, and Rakesh Chandra Tiwari is the marketing director.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code:  56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

ITI share price as on 25 Apr 2024 is Rs. 293.2. Over the past 6 months, the ITI share price has increased by 10.68% and in the last one year, it has increased by 212.41%. The 52-week low for ITI share price was Rs. 93.5 and 52-week high was Rs. 384.3.