India's ITI up on 2 bln-rupee land deal
12/07/2024 09:47
** Shares of ITI ITEL.NS up 8.3% at 334.05 rupees
** Telecom equipment-maker says it will sell land to a
state-run telecom equipment firm for 2 bln rupees ($24 mln)
** Stock on track for best day since April 22
** More than 12.8 mln shares traded so far, stock's busiest
day since May 22
** Stock up ~4% so far this week, on track to post a weekly
rise in five out of six weeks
($1 = 83.5208 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
((varunvyas.hebbalalu@thomsonreuters.com))