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.

2 months ago
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