The Uttarakhand Government envisaged this project for effective prevention of illegal mining and mineral transportation and to increase its revenue in the state. As part of this contract, ITI will be the work agency for development, implementation and maintenance of Mining Digital Transformation & Surveillance System (MDTSS) in the districts of Dehradun, Haridwar, Udham Singh Nagar, and Nainital. Accordingly, an MoU of Rs 95 crore for five years has was signed between ITI and Government of Uttarakhand. The systems will be installed at 40 check gates across Dehradun, Haridwar, Nainital, and Udham Singh Nagar. The new system equipped with bullet cameras, RFID radars, and LED floodlights will not only help monitor illegal mining activities but also boost the state government's revenue. Besides, a Mining State Control Centre (MSCC) will be set up in Dehradun, along with mini command centres at district headquarters in Dehradun, Haridwar, Nainital, and Udham Singh Nagar. Rajesh Rai, chairman and managing director, ITI, said: 'It gives me a great sense of satisfaction to see that the Government of Uttarakhand has selected ITI as its technology partner in its efforts to curb illegal mining. ITI will leverage its strong technology domain expertise to help Uttarkhand Government achieve its objectives. We are also exploring such projects with other states where we can help them.' ITI, a multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment. The company offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment. On a consolidated basis, ITI reported net loss of Rs 70.33 crore in Q2 FY25 as against net loss of Rs 126.01 crore in Q2 FY24. Net sales soared 312.30% year-on-year to Rs 1,016.20 crore in Q1 June 2024. The scrip rose 0.84% to currently trade at Rs 293.7 on the BSE. Powered by Capital Market - Live

ITI has received a contract worth around Rs 95 crore from Directorate of Geology & Mining, Government of Uttarakhand for Mining Digital Transformation & Surveillance System (MDTSS) project. The Uttarakhand Government envisaged this project for effective prevention of illegal mining and mineral transportation and to increase its revenue in the state. As part of this contract, ITI will be the work agency for development, implementation and maintenance of Mining Digital Transformation & Surveillance System (MDTSS) in the districts of Dehradun, Haridwar, Udham Singh Nagar, and Nainital. Accordingly, an MoU of Rs 95 Crs for five years has was signed between ITI Limited and Government of Uttarakhand. The systems will be installed at 40 check gates across Dehradun, Haridwar, Nainital, and Udham Singh Nagar. Dehradun will have 8 check gates, Haridwar 13, Nainital 10, and Udham Singh Nagar 9. The new system equipped with bullet cameras, RFID radars, and LED floodlights will not only help monitor illegal mining activities but also boost the state government's revenue. Besides, a Mining State Control Centre (MSCC) will be set up in Dehradun, along with mini command centres at district headquarters in Dehradun, Haridwar, Nainital, and Udham Singh Nagar. Powered by Capital Market - Live

Net Loss of ITI reported to Rs 70.33 crore in the quarter ended September 2024 as against net loss of Rs 126.01 crore during the previous quarter ended September 2023. Sales rose 312.30% to Rs 1016.20 crore in the quarter ended September 2024 as against Rs 246.47 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1016.20246.47 312 OPM %-0.87-21.50 - PBDT-55.69-112.69 51 PBT-69.42-126.01 45 NP-70.33-126.01 44 Powered by Capital Market - Live

ITI with its consortium partner has emerged as the lowest bidder (L1) for package no. 15 of BharatNet phase-3 project comprising Arunachal Pradesh, Nagaland and Manipur states with an order value of Rs 1537 crore. ITI also emerged as L1 (on November 7, 2024) for package no. 8 in the state of Himachal Pradesh, and for package no. 9 in West Bengal, & Andaman and Nicobar Islands with an order value to Rs 3022 crore. With this, ITI has emerged as L1 for three packages (8, 9, & 15) taking the total order value to Rs 4559 crore. The BharatNet phase-3 project is divided into 16 Packages spread across all states & union territories. BSNL had invited tenders, for design, supply, construction, installation, upgradation, operation and maintenance of Middle Mile Network of BharatNet phase-3 project on a Design Build Operate and Maintain (DBOM) model. ITI, a multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment. The company offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment. On a consolidated basis, ITI reported net loss of Rs 91.31 crore in Q1 June 2024 as against net loss of Rs 102.81 crore in Q1 June 2023. Net sales soared 231.11% year-on-year to Rs 519.98 crore in Q1 June 2024. The company's board will consider Q2FY25 results on Thursday, 14 November 2024. Powered by Capital Market - Live

ITI with its consortium partner has emerged as the Lowest Bidder (L1) for Package No. 15 of BharatNet Phase-3 Project comprising Arunachal Pradesh, Nagaland and Manipur states with an order value of Rs. 1537 Crores. ITI also emerged as L1 (on 07 November 2024) for Package No. 8 in the state of Himachal Pradesh, and for Package No. 9 in West Bengal, & Andaman and Nicobar Islands with an order value to Rs. 3022 crore. With this, ITI has emerged as L1 for three Packages (8,9, &15) taking the total order value to Rs. 4559 crore. The BharatNet Phase-3 Project is divided into 16 Packages spread across all states & union territories. BSNL had invited tenders, for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance of Middle Mile Network of BharatNet Phase-3 Project on a Design Build Operate and Maintain (DBOM) Model. Powered by Capital Market - Live

ITI announced that Dr Rajaj Nayak, Mamta Palariya and Billeshwar Sinha ceased to be independent directors of the company on completion of their term on 09 November 2024. Powered by Capital Market - Live

ITI will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

Swan Energy Ltd, K E C International Ltd, Apollo Hospitals Enterprise Ltd, Blue Star Ltd are among the other stocks to see a surge in volumes on NSE today, 07 November 2024.ITI Ltd notched up volume of 201.15 lakh shares by 14:14 IST on NSE, a 27.97 fold spurt over two-week average daily volume of 7.19 lakh shares. The stock rose 10.42% to Rs.256.19. Volumes stood at 4.66 lakh shares in the last session.Swan Energy Ltd clocked volume of 204.25 lakh shares by 14:14 IST on NSE, a 18.99 times surge over two-week average daily volume of 10.76 lakh shares. The stock gained 11.29% to Rs.551.90. Volumes stood at 9.87 lakh shares in the last session.K E C International Ltd registered volume of 59.76 lakh shares by 14:14 IST on NSE, a 11.11 fold spurt over two-week average daily volume of 5.38 lakh shares. The stock rose 8.21% to Rs.1,056.30. Volumes stood at 6.34 lakh shares in the last session.Apollo Hospitals Enterprise Ltd saw volume of 21.41 lakh shares by 14:14 IST on NSE, a 9.52 fold spurt over two-week average daily volume of 2.25 lakh shares. The stock increased 6.54% to Rs.7,424.00. Volumes stood at 4.6 lakh shares in the last session.Blue Star Ltd recorded volume of 16.42 lakh shares by 14:14 IST on NSE, a 6.59 times surge over two-week average daily volume of 2.49 lakh shares. The stock lost 5.36% to Rs.1,780.20. Volumes stood at 3.29 lakh shares in the last session.Powered by Capital Market - Live

KIOCL Ltd, Apollo Hospitals Enterprise Ltd, Blue Star Ltd, JK Lakshmi Cement Ltd are among the other stocks to see a surge in volumes on BSE today, 07 November 2024.ITI Ltd saw volume of 4.61 lakh shares by 10:47 IST on BSE, a 9.62 fold spurt over two-week average daily volume of 47896 shares. The stock increased 11.33% to Rs.258.50. Volumes stood at 48812 shares in the last session.KIOCL Ltd notched up volume of 65658 shares by 10:47 IST on BSE, a 7.28 fold spurt over two-week average daily volume of 9025 shares. The stock rose 13.19% to Rs.388.25. Volumes stood at 9073 shares in the last session.Apollo Hospitals Enterprise Ltd notched up volume of 41271 shares by 10:47 IST on BSE, a 7.27 fold spurt over two-week average daily volume of 5679 shares. The stock rose 5.96% to Rs.7,385.00. Volumes stood at 24207 shares in the last session.Blue Star Ltd saw volume of 41979 shares by 10:47 IST on BSE, a 5.21 fold spurt over two-week average daily volume of 8051 shares. The stock dropped 6.86% to Rs.1,749.80. Volumes stood at 6145 shares in the last session.JK Lakshmi Cement Ltd recorded volume of 25978 shares by 10:47 IST on BSE, a 4.61 times surge over two-week average daily volume of 5629 shares. The stock lost 3.29% to Rs.774.00. Volumes stood at 2339 shares in the last session.Powered by Capital Market - Live

ITI has received revision in credit rating from Acuite Ratings & Research as under: Long term rating (Rs 1890 crore) - Acuite BB-/ Stable (upgraded) Short term rating (Rs 2390.53 crore) - Acuite A4 (reaffirmed) Powered by Capital Market - Live