President of India-Backed Telecom Stock Jumps 12% from 52-Week Low, Here’s Why

The ITI LTD share price is in focus after the stock showed a sharp recovery following a recent decline. The stock had earlier touched a 52-week low of Rs 232.90 during the week of March 13, 2026. However, on Monday, March 16, 2026, the stock opened at around Rs 243 and jumped to an Intraday high of Rs 273, marking a gain of nearly 12 per cent from the opening price.

Shareholding structure shows that the Government of India owns nearly 90.02 per cent of ITI Ltd, with the Government of Karnataka holding about 0.03 per cent stake.

ITI Ltd Order Book Details

As on July 31, 2025, ITI Limited had a robust unexecuted order book of Rs. 19,198.56 crore, which stood at 5.26 times its FY25 revenue, offering healthy revenue visibility over the medium term. Its major ongoing projects include ASCON Phase IV, BharatNet Phase III, BSNL 4G, and data centre projects for the Indian Air Force. The company also secured proof-of-concept clearances for several projects, which helped improve execution momentum during FY25. 

ITI Ltd Sees Surge in Trading Volumes

ITI Ltd witnessed a sharp surge in trading activity during the session, with the stock recording a traded volume of around 162.23 lakh shares, which is nearly 15 times higher than its 20-day average trading volume

ITI Ltd Quarterly Performance

In Q3 FY26, ITI Ltd reported sales of Rs 515 crore, compared to Rs 1,035 crore in Q3 FY25, which is around 50 per cent down on a YOY basis. The net loss stood at Rs 26 crore in Q3 FY26 compared to a loss of Rs 67 crore in Q3 FY25, which is around 61 per cent lower on a YOY basis.

About ITI Ltd

ITI Ltd is a public sector undertaking under the Government of India engaged in the manufacturing and supply of telecommunications equipment and technology solutions. The company plays a key role in supporting India’s telecom infrastructure and digital connectivity initiatives.

ITI Ltd provides a wide range of services, including network solutions, broadband connectivity, data centre services, and telecom infrastructure development. The company has been actively involved in several large-scale government and private sector projects such as BharatNet, Defence communication networks, and fibre-to-the-home (FTTH) deployments.

ITI Ltd currently has a market capitalisation of Rs 25,370 crore, with a book value of Rs 15.1 per share. In terms of recent price performance, the stock has declined around 3.71 per cent over the past month, while it has fallen about 15.73 per cent over the last 6 months.

Disclaimer: The article is for informational purposes only and not investment advice.