ITI Limited, a PSU under Department of Telecommunications, Ministry of Communications, Government of India, receives Purchase Order for executing the RajNet project from RajCOMP Info Services Ltd., a Govt. of Rajasthan Undertaking, for establishing appx. 40,000 outdoor Wi-Fi access points in the state of Rajasthan with an order value of approx. Rs. 334 Crore on rate contract basis. The project envisages supply, installation and maintenance of appx. 40,000 outdoor Wi-Fi access points along with associated RF Radio equipments in a period of six months followed by operation and maintenance of the network for a period of five years.
Shares of ITI LTD. was last trading in BSE at Rs.79.3 as compared to the previous close of Rs. 70.65. The total number of shares traded during the day was 239574 in over 2152 trades.
The stock hit an intraday high of Rs. 82 and intraday low of 70.6. The net turnover during the day was Rs. 18417290.