ITI Share Price Jumps 7% to Reach 52-Week High
Shares of public sector telecom company ITI Limited witnessed a sharp rally during Tuesday's trading session. The stock price climbed as much as 6.92% to reach ₹316.15 per share. This movement marked a new 52-week high for the PSU stock.
Heavy Trading Activity Drives Price Movement
Trading volumes surged dramatically across both major exchanges. On the National Stock Exchange, approximately 20.1 lakh ITI shares changed hands during the session. The Bombay Stock Exchange recorded trading of 4.33 lakh shares. These figures represent a substantial increase compared to the two-week average of just 56,000 shares.
Market observers noted the absence of fundamental triggers behind today's sharp upward movement. The price action appears driven primarily by heightened trading activity rather than company-specific news.
Recent Corporate Developments at ITI
The company recently announced a change in its board composition. In an exchange filing dated January 6, ITI informed investors that Lt Gen Kanwar Vinod Kumar ceased to serve as Government Director. His departure followed his attainment of superannuation age on December 31, 2025.
Separately, ITI secured a significant infrastructure project last month. On December 30, the company announced receiving a work order for the Ice Hockey Rink Project in Kaza, Lahaul & Spiti district of Himachal Pradesh. The contract carries a value of ₹72.76 crore.
Under this project, ITI will construct a complete ice hockey rink facility. The scope includes installing a 500-kW solar power backup system, CCTV cameras, lighting arrangements, and other necessary accessories. The company aims to deliver a high-quality venue suitable for both athletes and spectators.
This development forms part of broader efforts to establish world-class sports infrastructure in the remote Spiti Valley region. The initiative aligns with ongoing programs under the High-Altitude Sports Training Centre scheme. Local authorities hope to enhance sports opportunities, engage youth, and promote sports tourism in this high-altitude district situated approximately 12,000 feet above sea level.
ITI Share Price Performance Analysis
Tuesday's trading session began with ITI shares opening at ₹316.60. This opening price represented a significant gap up from Monday's closing level of ₹296.10. The stock quickly reached its intraday peak of ₹316.15 during morning trade.
Despite today's strong performance, ITI shares have demonstrated considerable volatility in recent periods. Over the past six months, the stock declined approximately 1%. The one-year performance shows a more substantial drop of around 25%.
However, long-term investors have enjoyed remarkable returns. The stock delivered multibagger performance over five years, generating staggering returns of 145% during this period.
ITI shares trade on both BSE and NSE platforms. The stock touched its 52-week low of ₹233.20 on February 19, 2025. As of January 13, 2026, the company's market capitalization stood at ₹30,315.98 crore.
Disclaimer: This content serves educational purposes only. Readers should consult qualified investment advisors before making any financial decisions.
