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Stock Of The Day: ITI Slumps As NSE, BSE Question 170% Rally Since November
Less than 10% of the total shares are allotted to pubic shareholders with only 1.94% available for retail investors.
07 Jan 2025, 10:47 AM IST 
On Jan. 6, BSE sought clarification on the significant movement in the company's share prices. The image is for representation. (Photo source: Freepik)
Shares of ITI Ltd. tumbled nearly 9% on Tuesday after the scrip rallied over 170% since November last year backed by heavy volumes. The cool-off comes after stock exchanges sought clarification regarding the "significant movement in price" on Monday.The state-owned telecom equipment manufacturer's stock surged nearly 45% in the last two sessions and as much as 55% in the six sessions in 2025. The stock has rallied 62% in the las...
