ITI touches roof on developing branded Laptop, Micro PC with International Standards

11 Sep 2023 Evaluate

ITI is currently trading at its upper limit of Rs. 149.40, up by 24.90 points or 20.00% from its previous closing of Rs. 124.50 on the BSE.

The scrip opened at Rs. 125.70 and has touched a high and low of Rs. 149.40 and Rs. 124.50 respectively. So far 1392113 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 149.40 on 11-Sep-2023 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. 149.40 and Rs. 120.45 respectively. The current market cap of the company is Rs. 14024.14 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 developed its own branded Laptop and Micro PC in the market that match international quality and performance. Branded as ‘SMAASH’, the products have already been deployed in the market, and ITI has won many tenders competing against MNC brands like Acer, HP, Dell and Lenovo. The two flagship products - Laptop and Micro PC have been designed in association with Intel Corporation with which an Memorandum of Understanding (MOU) has been signed for design and manufacturing.

ITI’s Micro PC - a GREEN solution product does the computation like any other PC with very less Carbon Footprint and considerably reduces e-waste. It consumes less power as compared to conventional PCs, is of small size, has no moving parts like fan, and has a long life. In essence, SMAASH products save electricity, cost, and workspace.

More than twelve thousand SMAASH PCs have been deployed and are successfully performing at various customer sites. SMAASH PC comes in variants like i3, i5, i7 and so on. One of the solutions that ITI Limited offers is the SMAASH PCs with solar solutions. The SMAASH PCs are highly compatible with solar solutions since they take DC input. 

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


ITI Share Price

340.90 -16.25 (-4.55%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 1217.40
ITI 340.90
Black Box 647.40
Quadrant Televenture 1.66
Avantel 160.55
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.