India's ITI eyes snapping five-week losing run

ITI

24/03/2023 05:20

** Shares of telecom equipment manufacturer ITI Ltd
 ITEL.NS  up as much as 8.84% to 95.4 rupees
    ** Stock on track to post weekly gains after five straight
weeks of losses if trends hold
    ** Stock posts highest intraday pct gain since Feb. 22
    ** About 2.95 million shares change hands as of 10:30 a.m.
IST, ~10x the 30-day average
    ** Stock down 15.4% YTD as of last close, after posting two
consecutive years of losses

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))