India's ITI eyes snapping five-week losing run
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;))