ITI Ltd.

NSE: ITI | BSE: 523610 | ISIN: INE248A01017 | Industry: Telecom Equipment
| Expensive Performer

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ITI Ltd.
13 Apr 2020
264.47
-1.39%
Gainers in the News: ITI, BEML, Glenmark Pharmaceuticals, Sun Pharma Advanced Research Company, Vodafone Idea

by Ritmbarah Arora

ITI Ltd: The share price of ITI Ltd has jumped 20% to Rs 87.4 as of this writing. Around 4.8 million shares in volume have been traded so far. The stock price is up 45.1% since the last week and 31.5% since the last month.

The Defence Research and Development Organization (DRDO) and the ITI will soon sign a deal to jointly produce portable ventilators to help in the fight against coronavirus, as announced on April 9, 2020. ITI Chairman Shri Rakesh Mohan Agarwal said, “DRDO wants ITI to manufacture portable ventilators and is transferring technology to us. Once, we come up with a final product and after due test procedures, we'll be able to produce such ventilators”. ITI Ltd is listed in 36 screeners on Trendlyne.

BEML Ltd: The stocks of BEML skyrocketed 14.4% to Rs 630.9 while around 1 million shares in volume have been traded so far. The share price gained 44.4% since the last week and 2.3% since the last month. BEML is listed in 27 screeners on Trendlyne.  

Glenmark Pharmaceuticals: The shares of Glenmark Pharmaceuticals jumped 14.5% to Rs 282.4 as of now. Around 6 million shares in volume have been traded so far. The stock price increased 32.4% since the last week and 6.1% since the last month, per Trendlyne data. The shares of Glenmark Pharmaceuticals have been on a rise since the company got tentative nod from USFDA for generic type-2 diabetes tablet, as announced on March 23, 2020. The company is listed in 27 screeners on Trendlyne.  

Sun Pharma Advanced Research Company: The shares price of Sun Pharma Advanced Research Company rose 13.7% to Rs 138.9. Around 2.3 million shares in volume have been traded so far. The stock price is up 35% since the last week and 1.8% since the last month. Most of the pharmaceutical companies are trading high because of the contribution towards the disease COVID-19. Sun Pharma Advanced Research Company is listed in 25 screeners on Trendlyne.

Vodafone Idea: The stock price of Vodafone Idea advanced 12.1% to Rs 3.7 while around 207.3 million shares in volume have been traded so far and is among the most traded shares in the stock market today. The share price gained 17.5% since the last week and has fallen 7.5% since the last month.

Vodafone Idea and Airtel companies are now offering commission to subscribers for recharging numbers for others as announced on April 10, 2020. The telecom companies are paying commission to encourage online recharge. Vodafone Idea is paying a commission up to 6%. The company is listed in 37 screeners on Trendlyne.       

ITI Ltd. is trading above its 30 day SMA of 253.4
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