India's ITI posts biggest intraday pct gain in 10-wks on $3-mln order win
13/01/2023 05:50
** Shares of telecom equipment maker ITI ITEL.NS rise as
much as 7.38% to 111.30 rupees, their sharpest intraday pct gain
since Nov. 1
** Stock hits highest level since Dec. 21
** Co on Thursday said it has won orders worth 250 million
rupees ($3.07 million) from Kerala Infrastructure and Technology
for Education
** Share price is above 50-day, 100-day and 200-day
exponential moving average, suggesting bullish trend
** Stock is witnessing its most active trading session in
over 10 weeks since Nov. 1
** More than 4.1 mln shares change hands by 10:59 a.m., IST,
14.3x 30-day avg of 290,650 shares
** Stock fell 12.02% last year
($1 = 81.3850 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))