ITI gains on inking pacts with 58 start-up companies

ITI has signed agreements with 58 start-up companies manufacturing solutions related to information and communication technology (ICT), Internet of Things (IoT) and defence technology, to provide fillip to entrepreneurship.

These agreements were signed during the first ICT-IoT Expo on the sprawling premises of ITI in Bengaluru, among the 400 startups, 58 have been shortlisted.

Company's total operating revenue is Rs. 1528.12 crore and equity capital is Rs. 560.00 crore,

The promoters holding in the company stood at 93.76%, while Institutions and Non-Institutions held 4.06% and 2.18% respectively.

Last one week high and low of the scrip stood at Rs. 119.80 and Rs. 90.90 per share, respectively. The current market cap of the company is Rs. 10,136.10 crore. On Tuesday, the stock has opened at Rs. 111.80 per share and touched a high/low of 115.45/111 and at 2.30 pm, the stock was quoting Rs. 111.20 per share.