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ITI
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Recent events
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News
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Corporate Actions
ITI Receives Initial Tranche Of 1 Billion Rupees From C-Dot For Land In Bangalore
Feb 20 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - RECEIVES INITIAL TRANCHE OF 1 BILLION RUPEES FROM C-DOT FOR LAND IN BANGALORE
Source text: ID:nNSE65hxkq
Further company coverage: ITEL.NS
(([email protected];;))
Feb 20 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - RECEIVES INITIAL TRANCHE OF 1 BILLION RUPEES FROM C-DOT FOR LAND IN BANGALORE
Source text: ID:nNSE65hxkq
Further company coverage: ITEL.NS
(([email protected];;))
India's ITI gains on bagging contract worth 950 mln rupees
** Shares of telecom company ITI ITEL.NS rise 2.2% to 298 rupees
** Co on Monday said it got contract worth 950 mln rupees ($11.3 mln) from Directorate of Geology and Mining, Government of Uttarakhand
** Order for mining digital transformation and surveillance system project, aims to monitor illegal mining activities in state
** Stock up ~30% so far this month, set for best monthly gain since Oct. 2023
($1 = 84.4020 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
** Shares of telecom company ITI ITEL.NS rise 2.2% to 298 rupees
** Co on Monday said it got contract worth 950 mln rupees ($11.3 mln) from Directorate of Geology and Mining, Government of Uttarakhand
** Order for mining digital transformation and surveillance system project, aims to monitor illegal mining activities in state
** Stock up ~30% so far this month, set for best monthly gain since Oct. 2023
($1 = 84.4020 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
ITI Gets Contract Worth 950 Mln Rupees
Nov 18 (Reuters) - ITI Ltd ITEL.NS:
GETS CONTRACT WORTH 950 MILLION RUPEES
Further company coverage: ITEL.NS
(([email protected];;))
Nov 18 (Reuters) - ITI Ltd ITEL.NS:
GETS CONTRACT WORTH 950 MILLION RUPEES
Further company coverage: ITEL.NS
(([email protected];;))
ITI Sept-Quarter Consol Loss 703.3 Million Rupees
Nov 14 (Reuters) - ITI Ltd ITEL.NS:
ITI SEPT-QUARTER CONSOL LOSS 703.3 MILLION RUPEES
ITI SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.16 BILLION RUPEES
Source text: ID:nBSE6MnfZt
Further company coverage: ITEL.NS
(([email protected];))
Nov 14 (Reuters) - ITI Ltd ITEL.NS:
ITI SEPT-QUARTER CONSOL LOSS 703.3 MILLION RUPEES
ITI SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.16 BILLION RUPEES
Source text: ID:nBSE6MnfZt
Further company coverage: ITEL.NS
(([email protected];))
India's ITI extends gains after consortium bags BharatNet contract
** Shares of telecom company ITI ITEL.NS jump 7% to 325 rupees
** Stock heads for best day in over a year, eyes fifth straight session of gains
** Co on Sunday said a consortium led by it won contract worth 15.37 bln rupees ($182.2 mln) for state-run broadband network BharatNet
** Latest contract brings co's total orders from BharatNet to 45.59 bln rupees
** Stock gained 14% in the previous session after the consortium won another contract from BharatNet
** Stock on track to log busiest trading session on record, nearly 93 mln shares traded
** ITEL up 8.3% YTD
($1 = 84.3550 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of telecom company ITI ITEL.NS jump 7% to 325 rupees
** Stock heads for best day in over a year, eyes fifth straight session of gains
** Co on Sunday said a consortium led by it won contract worth 15.37 bln rupees ($182.2 mln) for state-run broadband network BharatNet
** Latest contract brings co's total orders from BharatNet to 45.59 bln rupees
** Stock gained 14% in the previous session after the consortium won another contract from BharatNet
** Stock on track to log busiest trading session on record, nearly 93 mln shares traded
** ITEL up 8.3% YTD
($1 = 84.3550 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's ITI jumps on consortium emerging as lowest bidder for $358 mln project
** Shares of telecom company ITI ITEL.NS rise as much as 8.7% to 289.78 rupees
** Co on Thursday said a consortium led by it emerged as the L1 or lowest bidder in a contract for state-run broadband network BharatNet
** Project is worth 30.22 bln rupees ($358.2 mln)
** Stock on track for fourth straight session of gain, if trend holds
** More than 16.1 mln shares change hands, 9.4x of 30-day avg
** Stock up 27% so far this week, set for best weekly gain since Oct. 2023
** Stock last up 7.7%, cutting YTD loss to 6%
($1 = 84.3650 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of telecom company ITI ITEL.NS rise as much as 8.7% to 289.78 rupees
** Co on Thursday said a consortium led by it emerged as the L1 or lowest bidder in a contract for state-run broadband network BharatNet
** Project is worth 30.22 bln rupees ($358.2 mln)
** Stock on track for fourth straight session of gain, if trend holds
** More than 16.1 mln shares change hands, 9.4x of 30-day avg
** Stock up 27% so far this week, set for best weekly gain since Oct. 2023
** Stock last up 7.7%, cutting YTD loss to 6%
($1 = 84.3650 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
ITI Bags Order Worth 3 Billion Rupees
Sept 10 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - BAGS ORDER WORTH 3 BILLION RUPEES FOR SOLAR STREET LIGHT SYSTEMS IN BIHAR
Source text for Eikon: ID:nNSEbns64W
Further company coverage: ITEL.NS
(([email protected];;))
Sept 10 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - BAGS ORDER WORTH 3 BILLION RUPEES FOR SOLAR STREET LIGHT SYSTEMS IN BIHAR
Source text for Eikon: ID:nNSEbns64W
Further company coverage: ITEL.NS
(([email protected];;))
India's ITI erases YTD losses on order to make voting machines
** Shares of ITI ITEL.NS rise about 2.3%, erasing YTD losses
** The electronics maker gets its first order for 500 electronic voting machines (EVM) from West Bengal state
** No financial details disclosed
** Stock now up 0.6% YTD; had surged 194% last year
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of ITI ITEL.NS rise about 2.3%, erasing YTD losses
** The electronics maker gets its first order for 500 electronic voting machines (EVM) from West Bengal state
** No financial details disclosed
** Stock now up 0.6% YTD; had surged 194% last year
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
ITI Bags First EVM Order
Aug 29 (Reuters) - ITI Ltd ITEL.NS:
BAGS FIRST EVM ORDER
GETS ORDER FOR SUPPLY OF 500 SETS OF ELECTRONIC VOTING MACHINES
Source text for Eikon: ID:nBSE37Jypw
Further company coverage: ITEL.NS
(([email protected];;))
Aug 29 (Reuters) - ITI Ltd ITEL.NS:
BAGS FIRST EVM ORDER
GETS ORDER FOR SUPPLY OF 500 SETS OF ELECTRONIC VOTING MACHINES
Source text for Eikon: ID:nBSE37Jypw
Further company coverage: ITEL.NS
(([email protected];;))
ITI June-Quarter Consol Loss 913.1 Mln Rupees
Aug 12 (Reuters) - ITI Ltd ITEL.NS:
ITI JUNE-QUARTER CONSOL LOSS 913.1 MILLION RUPEES
ITI JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.2 BILLION RUPEES
Source text for Eikon: ID:nBSE64t8yt
Further company coverage: ITEL.NS
(([email protected];))
Aug 12 (Reuters) - ITI Ltd ITEL.NS:
ITI JUNE-QUARTER CONSOL LOSS 913.1 MILLION RUPEES
ITI JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.2 BILLION RUPEES
Source text for Eikon: ID:nBSE64t8yt
Further company coverage: ITEL.NS
(([email protected];))
ITI Says Co Shall Transfer Land At Bangalore To C. Dot
July 12 (Reuters) - ITI Ltd ITEL.NS:
ITI - CO SHALL TRANSFER LAND AT BANGALORE TO C. DOT
ITI - CONSIDERATION TO BE PAID BY C-DOT TO ITI TO BE 2 BILLION RUPEES
Source text for Eikon: ID:nNSE5pLDC8
Further company coverage: ITEL.NS
(([email protected];))
July 12 (Reuters) - ITI Ltd ITEL.NS:
ITI - CO SHALL TRANSFER LAND AT BANGALORE TO C. DOT
ITI - CONSIDERATION TO BE PAID BY C-DOT TO ITI TO BE 2 BILLION RUPEES
Source text for Eikon: ID:nNSE5pLDC8
Further company coverage: ITEL.NS
(([email protected];))
ITI March-Quarter Consol Loss Widens
May 28 (Reuters) - ITI Ltd ITEL.NS:
MARCH-QUARTER CONSOL LOSS 2.39 BILLION RUPEES VERSUS LOSS 720 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.01 BILLION RUPEES VERSUS 7.75 BILLION RUPEES
Source text for Eikon: ID:nNSEbzFNYp
Further company coverage: ITEL.NS
(([email protected];))
May 28 (Reuters) - ITI Ltd ITEL.NS:
MARCH-QUARTER CONSOL LOSS 2.39 BILLION RUPEES VERSUS LOSS 720 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.01 BILLION RUPEES VERSUS 7.75 BILLION RUPEES
Source text for Eikon: ID:nNSEbzFNYp
Further company coverage: ITEL.NS
(([email protected];))
ITI Ltd Says India Government Transfers 2.7 Mln Shares Of Co
March 19 (Reuters) - ITI Ltd ITEL.NS:
INDIA GOVERNMENT TRANSFERRED 2.7 MILLION SHARES OF CO TO SPECIAL NATIONAL INVESTMENT FUND
TRANSFER OF SHARES FOR MINIMUM PUBLIC SHAREHOLDING REQUIREMENT
Source text for Eikon: ID:nBSE6Rwh0V
Further company coverage: ITEL.NS
(([email protected];;))
March 19 (Reuters) - ITI Ltd ITEL.NS:
INDIA GOVERNMENT TRANSFERRED 2.7 MILLION SHARES OF CO TO SPECIAL NATIONAL INVESTMENT FUND
TRANSFER OF SHARES FOR MINIMUM PUBLIC SHAREHOLDING REQUIREMENT
Source text for Eikon: ID:nBSE6Rwh0V
Further company coverage: ITEL.NS
(([email protected];;))
ITI Signed MoUs With Lekha Wireless, Niral Networks, And Instaict Solution
Feb 26 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - SIGNED MOUS WITH LEKHA WIRELESS, NIRAL NETWORKS, AND INSTAICT SOLUTION
ITI LTD - MOUS TO CREATE AND MANAGE PRIVATE 5G ECOSYSTEM FOR AN ENTERPRISE
Source text for Eikon: ID:nBSE19whcP
Further company coverage: ITEL.NS
(([email protected];))
Feb 26 (Reuters) - ITI Ltd ITEL.NS:
ITI LTD - SIGNED MOUS WITH LEKHA WIRELESS, NIRAL NETWORKS, AND INSTAICT SOLUTION
ITI LTD - MOUS TO CREATE AND MANAGE PRIVATE 5G ECOSYSTEM FOR AN ENTERPRISE
Source text for Eikon: ID:nBSE19whcP
Further company coverage: ITEL.NS
(([email protected];))
India's ITI Ltd Sept-Quarter Consol Loss Widens
Nov 9 (Reuters) - ITI Ltd ITEL.NS:
INDIA'S ITI LTD SEPT-QUARTER CONSOL LOSS 1.26 BILLION RUPEES VERSUS LOSS 1.01 BILLION RUPEES
ITI LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.46 BILLION RUPEES VERSUS 1.98 BILLION RUPEES
Source text for Eikon: ID:nBSE7qHghc
Further company coverage: ITEL.NS
(([email protected];))
Nov 9 (Reuters) - ITI Ltd ITEL.NS:
INDIA'S ITI LTD SEPT-QUARTER CONSOL LOSS 1.26 BILLION RUPEES VERSUS LOSS 1.01 BILLION RUPEES
ITI LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.46 BILLION RUPEES VERSUS 1.98 BILLION RUPEES
Source text for Eikon: ID:nBSE7qHghc
Further company coverage: ITEL.NS
(([email protected];))
India's ITI near 3-year high on developing branded laptop, PC
** Shares of telecom equipment maker ITI ITEL.NS rise as much as 20% to 149.3 rupees, hitting the upper circuit
** Stock hits highest since Aug 19, 2020, rising after 2 consecutive sessions of losses
** ITEL on Monday said it developed its own branded laptop, micro personal computer
** Branded as 'SMAASH', the two flagship products have been designed with Intel Corporation, with which co signed MoU for design, manufacturing
** Trading vol. is 11.8x the 30-day avg at 14:15 p.m. IST, heaviest session since May 5
** Today's rise bumps up YTD gains to ~44%
(Reporting by Anisha Ajith in Bengaluru)
** Shares of telecom equipment maker ITI ITEL.NS rise as much as 20% to 149.3 rupees, hitting the upper circuit
** Stock hits highest since Aug 19, 2020, rising after 2 consecutive sessions of losses
** ITEL on Monday said it developed its own branded laptop, micro personal computer
** Branded as 'SMAASH', the two flagship products have been designed with Intel Corporation, with which co signed MoU for design, manufacturing
** Trading vol. is 11.8x the 30-day avg at 14:15 p.m. IST, heaviest session since May 5
** Today's rise bumps up YTD gains to ~44%
(Reporting by Anisha Ajith in Bengaluru)
India's ITI June-Quarter Consol Loss Widens
Aug 11 (Reuters) - ITI Ltd ITEL.NS:
JUNE-QUARTER CONSOL LOSS 1.03 BILLION RUPEES VERSUS LOSS 997 MILLION RUPEES YEAR AGO
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.57 BILLION RUPEES VERSUS 1.66 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE8byLBc
Further company coverage: ITEL.NS
(([email protected];))
Aug 11 (Reuters) - ITI Ltd ITEL.NS:
JUNE-QUARTER CONSOL LOSS 1.03 BILLION RUPEES VERSUS LOSS 997 MILLION RUPEES YEAR AGO
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.57 BILLION RUPEES VERSUS 1.66 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE8byLBc
Further company coverage: ITEL.NS
(([email protected];))
India's ITI rises on manufacturing parts for Chandrayaan-3 mission
** Shares of telecom equipment maker ITI Ltd ITEL.NS rise as much as 4.2% to 113 rupees, their highest since June 20
** ITEL said on Monday it manufactured 55 packages for flight vehicle in Chandrayaan-3 mission
** Adds that it won accolades from Indian Space Research Organisation (ISRO) and Department of Telecommunications (Ministry of Communications) for its role in the launch
** Stock on track to rise in third straight session, if trends hold
** Nearly 1.4 mln shares change hands as of 10:55 a.m. IST, 2.3x the 30-day moving average
** Stock up 4.7% YTD as of last close
(Reporting by Varun Vyas in Bengaluru)
** Shares of telecom equipment maker ITI Ltd ITEL.NS rise as much as 4.2% to 113 rupees, their highest since June 20
** ITEL said on Monday it manufactured 55 packages for flight vehicle in Chandrayaan-3 mission
** Adds that it won accolades from Indian Space Research Organisation (ISRO) and Department of Telecommunications (Ministry of Communications) for its role in the launch
** Stock on track to rise in third straight session, if trends hold
** Nearly 1.4 mln shares change hands as of 10:55 a.m. IST, 2.3x the 30-day moving average
** Stock up 4.7% YTD as of last close
(Reporting by Varun Vyas in Bengaluru)
India's ITI jumps on deal to manufacture telecom products for smart cities
** Shares of telecom equipment maker ITI Ltd ITEL.NS rise as much as 5.8% to 115 rupees, highest since June 7
** Co said post market hours on Monday that it signed a tripartite memorandum of understanding (MoU) with Centre for Development of Telematics and Telecommunications Consultants India Limited
** MoU for creation and delivery of telecommunication products and related services for Smart Cities
** Stock on track to rise for a third straight session, if gains hold
** Over 1.8 mln shares change hands as of 11:16 a.m. IST, 1.3X the 30-day moving average
** Stock extends YTD gains, currently up 8% from last year
(Reporting by Varun Vyas in Bengaluru)
** Shares of telecom equipment maker ITI Ltd ITEL.NS rise as much as 5.8% to 115 rupees, highest since June 7
** Co said post market hours on Monday that it signed a tripartite memorandum of understanding (MoU) with Centre for Development of Telematics and Telecommunications Consultants India Limited
** MoU for creation and delivery of telecommunication products and related services for Smart Cities
** Stock on track to rise for a third straight session, if gains hold
** Over 1.8 mln shares change hands as of 11:16 a.m. IST, 1.3X the 30-day moving average
** Stock extends YTD gains, currently up 8% from last year
(Reporting by Varun Vyas in Bengaluru)
India's ITI Posts March-Quarter Consol Loss
May 29 (Reuters) - ITI Ltd ITEL.NS:
INDIA'S ITI LTD MARCH-QUARTER CONSOL LOSS 720.1 MILLION RUPEES VERSUS PROFIT 3.55 BILLION RUPEES
ITI LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7.75 BILLION RUPEES VERSUS 11.42 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITEL.NS
(([email protected];))
May 29 (Reuters) - ITI Ltd ITEL.NS:
INDIA'S ITI LTD MARCH-QUARTER CONSOL LOSS 720.1 MILLION RUPEES VERSUS PROFIT 3.55 BILLION RUPEES
ITI LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7.75 BILLION RUPEES VERSUS 11.42 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITEL.NS
(([email protected];))
India's ITI jumps 7% to 5-month high on order win worth 39 bln rupees
** Shares of ITI Ltd ITEL.NS rise as much as 7.21% to an over five-month high of 113.70 rupees
** Telecom equipments maker gets a purchase order worth 38.89 bln rupees from BSNL nFWN37J17F
** Order pertains to engineering, supply, installation and commissioning of 4G mobile network for 23,633 sites in West Zone of BSNL Network
** Trading volume is 4.74 mln shares as of 12:17 p.m. IST, 2.2x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of ITI Ltd ITEL.NS rise as much as 7.21% to an over five-month high of 113.70 rupees
** Telecom equipments maker gets a purchase order worth 38.89 bln rupees from BSNL nFWN37J17F
** Order pertains to engineering, supply, installation and commissioning of 4G mobile network for 23,633 sites in West Zone of BSNL Network
** Trading volume is 4.74 mln shares as of 12:17 p.m. IST, 2.2x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
ITI Gets 38.89 Bln Rupees Advance Purchase Order From BSNL
May 22 (Reuters) - ITI Ltd ITEL.NS:
GETS 38.89 BILLION RUPEES ADVANCE PURCHASE ORDER FROM BSNL
Source text for Eikon: ID:nBSE9hZfK1
Further company coverage: ITEL.NS
(([email protected];))
May 22 (Reuters) - ITI Ltd ITEL.NS:
GETS 38.89 BILLION RUPEES ADVANCE PURCHASE ORDER FROM BSNL
Source text for Eikon: ID:nBSE9hZfK1
Further company coverage: ITEL.NS
(([email protected];))
ITI Commissions A 1 MW Solar Plant At Its Palakkad Plant
April 26 (Reuters) - ITI Ltd ITEL.NS:
COMMISSIONS A 1 MW SOLAR PLANT AT ITS PALAKKAD PLANT
Source text for Eikon: ID:nBSEbhmkDz
Further company coverage: ITEL.NS
(([email protected];))
April 26 (Reuters) - ITI Ltd ITEL.NS:
COMMISSIONS A 1 MW SOLAR PLANT AT ITS PALAKKAD PLANT
Source text for Eikon: ID:nBSEbhmkDz
Further company coverage: ITEL.NS
(([email protected];))
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Popular questions
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Business
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Financials
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Shareholdings
What does ITI do?
ITI Limited, established in 1948, offers a wide range of telecommunications technology products including GPON, MLLN, and defense products like encryption units. It also provides passive infrastructure products and diversified solutions such as smart energy meters and solar panels.
Who are the competitors of ITI?
ITI major competitors are Tejas Networks, Black Box, Avantel, ADC India Communicat, Valiant Communicatns, Frog Cellsat, Prabhat Tech. (I). Market Cap of ITI is ₹25,420 Crs. While the median market cap of its peers are ₹603 Crs.
Is ITI financially stable compared to its competitors?
ITI seems to be less financially stable compared to its competitors. Altman Z score of ITI is 1.96 and is ranked 7 out of its 8 competitors.
Does ITI pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ITI latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has ITI allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is ITI balance sheet?
Balance sheet of ITI is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of ITI improving?
The profit is oscillating. The profit of ITI is -₹467.25 Crs for TTM, -₹568.92 Crs for Mar 2024 and -₹359.85 Crs for Mar 2023.
Is the debt of ITI increasing or decreasing?
Yes, The debt of ITI is increasing. Latest debt of ITI is ₹1,136 Crs as of Sep-24. This is greater than Mar-24 when it was ₹131 Crs.
Is ITI stock expensive?
ITI is not expensive. Latest PE of ITI is 0.0, while 3 year average PE is 136. Also latest EV/EBITDA of ITI is 0.0 while 3yr average is 87.32.
Has the share price of ITI grown faster than its competition?
ITI has given better returns compared to its competitors. ITI has grown at ~68.0% over the last 2yrs while peers have grown at a median rate of 31.49%
Is the promoter bullish about ITI?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ITI is 90.0% and last quarter promoter holding is 90.0%.
Are mutual funds buying/selling ITI?
The mutual fund holding of ITI is increasing. The current mutual fund holding in ITI is 0.05% while previous quarter holding is 0.04%.