India's ITI Ltd shares jump after FY turnover rises 20 pct

ITI

09/04/2019 05:31

** Shares of state-run telecom equipment manufacturer ITI
Ltd  ITEL.NS  rise as much as 9.4 pct to 106.9 rupees, their
biggest daily pct gain since Jan. 21
    ** Co on Monday reported FY turnover of 20.52 bln rupees
($294.59 mln), up 20 pct over prior year  urn:newsml:reuters.com:*:nFWN21Q0CJ
    ** About 2.7 mln shares change hands compared with the
30-day average of around 964,772 shares
    ** Stock trading at its highest since Jan. 25
    ** Stock up 4.16 pct this year as of last close, compared
with the 6.83 pct rise in the broader NSE Index  .NSEI  in the
same period

($1 = 69.6570 Indian rupees)

 ((harish.bhaskar.thomsonreuters.com@reuters.net))