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ITI Ltd.'s stock surged nearly 20%, reaching Rs 545.55, fueled by strong financial results and government contracts.
ITI Ltd., a state-owned telecom company, saw its stock surge by nearly 20%, reaching Rs 545.55.
This growth follows a year of significant gains, with shares increasing by over 70% and a 348% return over 12 months.
The boost is attributed to strong financial results and increased investor confidence, driven by government contracts and a focus on infrastructure development.
Despite hitting a low in October, ITI has shown remarkable growth and now has a market cap of Rs 51,186.45 crore.
3 months ago
3 Articles