Samyag

Corporate Actions

Back

ITI surges on bargain hunting

24-Nov-25 15:06 Hrs IST

The scrip had declined 7.97% to end at Rs 297.25 on Friday (21 November 2025), from its recent closing high of Rs 323 recorded on 13 November 2025.

The stock hit a 52-week high of Rs 592.85 on 1 October 2025. The stock hit a 52-week low of Rs 233.20 on 19 February 2025.

The stock underperformed the market over the past one month, declining 1.63% compared with 0.68% increase in the Sensex.

The counter also lagged the market in the past three months, gaining 0.25% compared with a 3.69% increase in the Sensex.

On the technical front, the stock's RSI (14) was currently at 55.184. An RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.

On the daily chart, the scrip is trading above its 10-day, 20-day and 100-day simple moving averages placed at 314.36, 319.55 and 313.74, respectively.

ITI is a public sector undertaking, and a comprehensive solutions provider in telecommunications segment. It has state-of-art manufacturing facilities in six locations (Bengaluru, Naini, Raebareli, Mankapur, Srinagar and Palakkad) along with an in-house R&D centre in Bengaluru and marketing, sales & projects (MSP) offices spread across the country.

The company's consolidated net loss narrowed to Rs 54.36 crore in Q2 FY26 compared with net loss of Rs 70.33 crore in Q2 FY25. Revenue from operations declined 46.53% YoY to Rs 543.40 crore in Q2 FY26.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.