ITI surges on inking settlement with GFGNL for implementing BharatNet Phase II undertaking

ITI surges on inking settlement with GFGNL for implementing BharatNet Phase II undertaking

by admin- Monday, January 21st, 2019 03:40:09 PM

ITI is presently buying and selling at Rs. 107.00, up through 2.60 points or 2.49%, from its preceding closing of Rs. 104.Forty on the BSE.

The scrip opened at Rs. 107.40 and has touched a excessive and low of Rs. 114.80 and Rs. 107.40 respectively.

The BSE institution ‘B’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 137.Ninety on 12-Apr-2018 and a 52 week low of Rs. 69.40 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 116.Eighty and Rs. Ninety.Fifty five respectively. The modern-day marketplace cap of the corporation is Rs. 9364.68 crore.

The promoters preserving within the organisation stood at ninety.00%, at the same time as Institutions and Non-Institutions held 7.Seventy eight% and 2.23% respectively.

ITI has signed a contract with Gujarat Fibre Grid Network (GFGNL) for imposing BharatNet Phase II task in one of the programs within the kingdom of Gujarat. The Purchase Order from GFGNL is worth Rs 1011.Forty one crore toward the CAPEX a part of the challenge, to be completed in a period of twelve months and Rs 190.04 crore in the direction of operation and protection of the community for 3 years after the implementation of the project.

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