200 Percent Massive Jump! PSU Telecom Equipment Stock Tripled in 5 Months

This central PSU company manufacturing telecom equipment is continuously performing well in the stock market and is giving good profits to investors.

The name of the company is ITI Limited. It specializes in the manufacturing, trading, and servicing of telecommunication equipment. The company’s primary focus lies in providing comprehensive telephone communication services.

However today the stock has seen a decline of more than 5% due to market turmoil. But the company’s stock has increased by 12.65% in the last 5 days, 16.63% in a month, and 229.04% in a year.

Investors who had invested Rs 1 lakh in the company’s stock a year ago, today the price of those Rs 1 lakh shares has become Rs 3.29 Lakh.

Investors’ Money Tripled in Just 5 Months

The share price of ITI Limited was ₹112.90 on Aug 21, 2023, and reached a day’s high of ₹374.95 at 9:25 AM on Jan 18, 2024. But after a fall of more than 5%, its price reached Rs 346 per share today.

In the last five months, the stock of IT Limited has increased by a tremendous 206.60% and the investors’ money has tripled.

Investors who invested Rs 1 lakh in the company’s stock 5 months ago, today the value of those Rs 1 lakh shares has become Rs 3 Lakh.

ITI Limited Stock Performance in 2023

The overall performance of the company in 2023 was quite good and investors who invested in it from January 2023 got a return of 186.36% in 2023 and 229% so far.

You can see the table given above for month-wise performance in 2023.

ITI Limited Stock Performance since Listing (Compound)

• Its stock has increased by 228% in the last 1 year.
• The stock CAGR growth over the last 5 years was 25.21%.
• In the last seven years, it has multiplied investors’ money seven times.
• For investors who had invested Rs 1 lakh 10 years ago, today the value of those Rs 1 lakh shares has become Rs 21 lakh.
• The stock has shown a growth of 2254% in the last 15 years.

ITI Limited Stock Performance (Year-wise)