• Source:JND
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ITI Share Price: The share price of ITI continued the bull run amid robust buying for the third consecutive session on Tuesday. The shares jumped nearly 10% on the NSE to hit a new all-time high of Rs 404 per share. ITI shares opened at Rs 385 and went on to hit its record high of Rs 404, up 9.8% during the trading hours. The government sector stock soared over 15% in the previous session and over 13% a day earlier.

At around 11:48 am, ITI shares were trading at Rs 396.80, up 7.80 per cent against the previous day's closing price of Rs 368.10. Meanwhile, its 52-week high and low values stood at 404 and 210 respectively.

ITI shares Jump 42% in the last three session

ITI stock has gained nearly 42% in just three days, considering today's gain. Earlier, the ITI shares hit a 52-week low of Rs 210 on October 25 this year but have posted strong gains since then. Taking today's all-time high of Rs 404 into account, the stock has gained over 92% in less than two months.

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On a month-on-month basis, the stock has gained 38% so far in December, after gaining 27% in November. The public sector stock has soared 34% in the last six months and 235% in three years.

What does ITI do?

ITI is a public sector company, known for manufacturing a diverse range of information and communication technology (ICT) products/solutions. These products are further diversified towards IoT, smart city and other allied telecom products and services. These include turnkey project implementation, to provide solutions across various sectors.

In the second quarter of FY25, the company reported that its top-line growth at 312.3% year-on-year (YoY). ITI loss narrowed and as per report, the total loss this quarter was Rs 70.33 crore, down 44.19% compared to the same period last year.

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