Introduction:
Telecom stock gains spotlight as it spearheads a major rural connectivity initiative under BharatNet Phase-III. The newly launched State Network Operations Center aims to strengthen digital infrastructure and improve last-mile internet access across remote areas in Himachal Pradesh.
Share Price movement of ITI:
On April 9, 2025, ITI Limited opened at ₹241.00, reaching a high of ₹254.40, up 4.82% from the previous close of ₹242.31 and a low of ₹237.50. The stock is currently trading at ₹254.00, with a market cap of ₹24,406.53 Crores.
ITI share price rise:
ITI Limited has initiated the State Network Operations Center for the BharatNet Phase-III Project in Solan, Himachal Pradesh. This center will monitor & manage network performance, security, and availability, ensuring reliable digital connectivity across rural regions.
The project, awarded in Nov 2024, is part of BharatNet Phase-III under the DBOM model, funded by the Universal Service Obligation Fund. ITI Limited emerged as L1 for Himachal Pradesh, West Bengal, and Andaman & Nicobar Islands, with total order value of ₹5,050 Cr.
In Himachal Pradesh, ITI aims to connect 3,615 gram panchayats to 91 block headquarters using 10 Gbps bandwidth, benefiting over 15,000 villages. Around 20,000 km of optical fiber cable will be laid, enhancing last-mile internet connectivity in the state.
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Recent news About ITI:
ITI Limited has bagged a ₹95 crore contract from Uttarakhand’s Directorate of Geology & Mining to develop a Mining Digital Transformation & Surveillance System (MDTSS), aimed at preventing illegal mining and improving revenue collection through advanced monitoring and digital governance solutions.
Stock performance of ITI for Period of 1 week, 6 months and 1 year:
ITI Limited’s stock performance has remained under pressure across all timeframes. Over the past week, it declined by 4.12%. In the last six months, it slipped by 2.39%, and over a one-year period, it recorded a sharper fall of 9.09%.
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Shareholding pattern of ITI:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 90 | 90 | 90 |
| FII | 0.06 | 0.04 | 0.06 |
| DII | 0.04 | 0.03 | 0.03 |
| Retail & others | 9.89 | 9.92 | 9.91 |
About ITI:
ITI Limited(NSE: ITI) India’s first public sector telecom company post-independence, specializes in manufacturing telecom equipment and implementing digital infrastructure projects. It plays a key role in BharatNet and other connectivity initiatives aimed at enhancing digital access across rural and remote regions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
