{"id":83275,"date":"2023-01-13T13:38:00","date_gmt":"2023-01-13T08:08:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=83275"},"modified":"2023-01-13T14:14:57","modified_gmt":"2023-01-13T08:44:57","slug":"5g-stock-jumps-6-after-it-receives-an-order-worth-rs-25-crores","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/5g-stock-jumps-6-after-it-receives-an-order-worth-rs-25-crores\/","title":{"rendered":"5G stock jumps 6% after it receives an order worth Rs 25 Crores\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2360426956\"><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>The shares of ITI Limited zoomed by more than 6 percent in the early hours on Friday and were trading at Rs 110 levels. It moved on the positive news that the company bagged an order from the Kerala Infrastructure and Technology for Education (KITE).&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3207639932\"><!-- 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>As per the BSE filing, ITI Limited\u2019s Palakkad Plant has bagged Kerala Infrastructure and Technology for Education (KITE)\u2019s two Laptop orders for the supply of 6600 units &amp; 1883 units worth Rs. 22 Cr and 3 Cr respectively.&nbsp;<\/p><p>ITI Limited is a multi-unit central public sector undertaking. It stands as the country\u2019s premier telecommunications company which offers a complete range of telecom products covering the whole spectrum of switching, transmission, and access &amp; subscriber premises equipment.&nbsp;<\/p><p>\u2018The stock has been on a downward trend for some time now. In the past six months, it has shed approximately 3 percent of its price. The share zoomed up to a 52-week high of Rs 129.65 in July 2022 and is currently trading 12 percent away from those levels.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3340646221\"><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 had launched SmaasH trademarked\/branded Micro PC, Desktop PC, Laptop Computer, and Video Conferencing Camera, among other ICT products under the government&#8217;s \u2018Make in India\u2019 initiative.&nbsp;<\/p><p>The company is yet to announce its Q3 results. In Q2 of FY23, their total revenue stood at Rs 197.55 Crore while they reported a net loss of Rs 100.34 Crore.&nbsp;<\/p><p>The small-cap company has a market capitalization of Rs 10,322 Crore. The promoters of the company 90.09 percent stake in the company while the Foreign Institutional Investors (FIIs) hold a marginal 0.07 percent stake. The promoter&#8217;s pledge remains zero.&nbsp;<\/p><p><strong>Written by Anoushka Roy<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-428498499\"><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>The shares of ITI Limited zoomed by more than 6 percent in the early hours on Friday and were trading at Rs 110 levels. It moved on the positive news that the company bagged an order from the Kerala Infrastructure and Technology for Education (KITE).&nbsp; As per the BSE filing, ITI Limited\u2019s Palakkad Plant has [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81174,"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":[4865,31],"tags":[],"class_list":["post-83275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5G stock jumps 6% after it receives an order worth Rs 25 Crores\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"\u2018The stock has been on a downward trend for some time now. In the past six months, it has shed approximately 3 percent of its price. The share zoomed up to a 52-week high of Rs 129.65 in July 2022 and is currently trading 12 percent away from those levels.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/5g-stock-jumps-6-after-it-receives-an-order-worth-rs-25-crores\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5G stock jumps 6% after it receives an order worth Rs 25 Crores\u00a0\" \/>\n<meta property=\"og:description\" content=\"\u2018The stock has been on a downward trend for some time now. In the past six months, it has shed approximately 3 percent of its price. 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