ITI Share Price Surges Over 15% in Volatile Trade Amid Heavy Volumes Shares of state-run telecom product maker ITI Limited rose sharply on the bourses during the week’s first trading session, driven by strong investor demand. The company’s share price climbed as high as 15.18% to ₹279.10 per share on the NSE on Monday, March 16, 2026. Despite the gains, ITI shares remained more than 25% below their 52-week high of ₹372.85, recorded on October 8, 2025. By 01:15 PM, the stock was trading at ₹268.40, reflecting a 10.77% increase from its previous close of ₹242.30. Meanwhile, the Nifty 50 index fell 0.09% to 23,129. The surge in ITI’s share price was supported by heavy trading volumes. A combined total of 54.77 million equity shares, valued at ₹1,489.16 crore, were exchanged on the BSE and NSE during the day. The company’s market capitalization rose to ₹25,703.73 crore on the NSE. Year-to-date, ITI shares had declined 12.66%, slightly outperforming the Nifty 50’s 11.55% drop. Financial data from Q3FY26 revealed mixed results. The company reported a net loss of ₹48.9 crore, narrowing from ₹101.3 crore in the same period the previous year. Revenue from operations surged 299.73% to ₹1,034.5 crore, driven by strong operational performance despite rising raw material costs. However, the company’s Ebitda loss widened to ₹10.6 crore from ₹43.5 crore in Q3FY25. Key financial metrics highlighted in the report included a trailing twelve months (TTM) EPS of -1.53 (standalone) and -2.10 (consolidated), with cash EPS at -0.83 (standalone) and -1.26 (consolidated). The price-to-earnings (PE) ratio stood at -179.31 (standalone) and -130.76 (consolidated), while the return on equity (ROE) was -9.29%. The price-to-book (PB) ratio was 16.63, according to BSE data.#nifty_50 #bse #nse #iti_limited #iti_share_price
