{"id":109587,"date":"2023-09-11T13:51:05","date_gmt":"2023-09-11T08:21:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109587"},"modified":"2023-09-11T13:51:11","modified_gmt":"2023-09-11T08:21:11","slug":"psu-stock-jumps-18-after-it-partners-with-intel-corporation-to-launch-its-own-laptop-micro-pc","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/psu-stock-jumps-18-after-it-partners-with-intel-corporation-to-launch-its-own-laptop-micro-pc\/","title":{"rendered":"PSU stock jumps 18% after it partners with Intel Corporation to launch its own laptop &#038; micro PC"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3868513057\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of a small-cap company gained 18.24 percent on Monday\u2019s afternoon trades to reach a fresh 52-week high of \u20b9 147.15 apiece on the National Stock Exchange (NSE) after it announced that it has launched its branded laptop and micro PC \u2018SMAASH\u2019 in association with Intel Corporation.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4202070255\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ITI\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">ITI Ltd<\/a><\/strong> is a Central PSU under the Ministry of Communication. The company is engaged in manufacturing, trading and servicing of telecommunication equipment, and rendering other associated and ancillary services. The Company focuses on offering telephone communication services.\u00a0<\/p><p>The company informed the bourses that it has developed its own branded Laptop and Micro PC in the market that match international quality and performance. The product is branded as \u2018SMAASH\u2019 and has already been deployed in the market. ITI has won many tenders competing against MNC brands like Acer, HP, Dell and Lenovo.&nbsp;<\/p><p>Its flagship products &#8211; Laptop and Micro PC have been designed in association with Intel Corporation with which an MOU has been signed for design and manufacturing, according to the filing.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1245182538\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s micro PC is a GREEN solution product that does computation like any other PC, with less Carbon Footprint and considerably reduces e-waste, consumes less power as compared to conventional PCs, is of small size, has no moving parts like a fan, and has a long life. In essence, its products save electricity, cost, and workspace.&nbsp;<\/p><p>ITI recently won two tenders from KITE- Kerala Infrastructure and Technology for Education and has supplied around 9,000 laptops to the government schools in Kerala.&nbsp;<\/p><p>With a market capitalization of \u20b9 11,822 crores, ITI is a small-cap company. It has a negative return on equity of 3.31 percent and an ideal debt-to-equity ratio of 0.79. The government holds a 90.28 percent stake in it, followed by retail investors with 9.63 percent, foreign institutions with 0.08 percent and mutual funds with 0.01 percent.&nbsp;<\/p><p><strong>Written by Simran Bafna&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4020125225\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of a small-cap company gained 18.24 percent on Monday\u2019s afternoon trades to reach a fresh 52-week high of \u20b9 147.15 apiece on the National Stock Exchange (NSE) after it announced that it has launched its branded laptop and micro PC \u2018SMAASH\u2019 in association with Intel Corporation.&nbsp; ITI Ltd is a Central PSU under the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":109588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11955,11954,11956,11953,948,936],"class_list":["post-109587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-iti-laptop","tag-iti-launches-laptop","tag-iti-micropc","tag-iti-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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