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ITI is currently trading at Rs. 306.80, up by 1.95 points or 0.64% from its previous closing of Rs. 304.85 on the BSE.
The scrip opened at Rs. 307.55 and has touched a high and low of Rs. 311.00 and Rs. 304.40 respectively. So far 106804 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.35 on 17-Jan-2024 and a 52 week low of Rs. 102.75 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 323.05 and Rs. 270.45 respectively. The current market cap of the company is Rs. 29556.88 crore.
The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 8.03% and 1.97% respectively.
ITI has received letter of intents (LoIs) worth Rs 37.5 crore from Bihar Renewable Energy Development Authority (BREDA) for installation of Solar Street light Systems. Out of the total, the company’s Naini Unit has received LoI for Design, Supply, Installation, Testing, and Commissioning with Comprehensive Maintenance Contract (CMC for 5 years) including Remote Monitoring System (RMS) of 2800 numbers of Solar Streetlight Systems from DPRO Katihar amounting to Rs 8.58 crore under Mukhyamantri Gramin Solar Street Light Yojana.
The company’s Naini Unit has received another LoI for Design, Supply, Installation, Testing, and Commissioning with Comprehensive Maintenance Contract (CMC for 5 years) including RMS of 9440 numbers of Solar Street light Systems from DPRO Katihar amounting to Rs 28.94 crore under Mukhyamantri Gramin Solar Street Light Yojana.
The above-mentioned systems are to be installed under supervision of BREDA and the major Components of the Solar Street light Systems are Solar PV Module, Solar Batteries, LED Luminaries, Mounting Structures, Balance of System (BOS)
ITI, country’s premier telecom company and multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment.
| Company Name | CMP |
|---|---|
| ITI | 297.05 |
| Tejas Networks | 1108.75 |
| Quadrant Televenture | 1.86 |
| Black Box | 244.95 |
| Avantel | 121.75 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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