India's ITI jumps 7% to 5-month high on order win worth 39 bln rupees

ITI

23/05/2023 07:54

** Shares of ITI Ltd  ITEL.NS  rise as much as 7.21% to an
over five-month high of 113.70 rupees
    ** Telecom equipments maker gets a purchase order worth
38.89 bln rupees from BSNL  urn:newsml:reuters.com:*:nFWN37J17F
    ** Order pertains to engineering, supply, installation and
commissioning of 4G mobile network for 23,633 sites in West Zone
of BSNL Network
    ** Trading volume is 4.74 mln shares as of 12:17 p.m. IST,
2.2x the 30-day avg - Refinitiv data
    
     ($1 = 81.7800 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))