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1 Comment
ITI Limited is currently in a long term uptrend where the price is trading 4.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 6.1.
ITI Limited's total revenue sank by 40.0% to $5B since the same quarter in the previous year.
Its net income has dropped by 118.9% to $-318M since the same quarter in the previous year.
Finally, its free cash flow fell by 39.8% to $-3B since the same quarter in the previous year.
Based on the above factors, ITI Limited gets an overall score of 2/5.
Industry | Communication Equipment |
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ISIN | INE248A01017 |
Sector | Technology |
Exchange | NSE |
CurrencyCode | INR |
Beta | -0.04 |
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PE Ratio | None |
Target Price | None |
Market Cap | 248B |
Dividend Yield | None |
ITI Limited engages in the manufacture, sale, trading, and servicing of telecommunication equipment in India. The company's telecom products and solutions include switching, transmission, access, and subscriber premises equipment. It also offers smart energy meters, mini personal computers, laptops, 3D printing products, bank automation products, gigabit passive optical network OLT and ONT products, PCM multiplexers, ruggedized telephones for defense forces, smart and banking cards, handheld terminals for smart card authentication, set top boxes, Wi-Fi equipment, encryption devices for defense, solar power modules, switched mode power supply systems, Internet of Things products, radio modems, and AN rack hardware products, as well as digital mobile radio system. In addition, the company trades in optical transport network products, such as DWDM; managed leased line network products; signaling point network products; IP/MPLS routers and switches; network management system solutions; microwave and satellite communication equipment; network equipment; and information technology products and solutions. Further, it offers data center hosting services; EMI/EMC and environmental testing of electronic products; 3D printing services; mechanical fabrication services; reliability engineering lab services; installation, commissioning, operation, and maintenance services; electronic contract manufacturing services; printed circuit board manufacturing services; and component screening services for mission critical components. Additionally, the company builds communication networks using internet protocol/multi-protocol label switching technology, optical fibre cable, microwave radio, and satellite communication channels; provides customized support; and engages in turnkey contracts/solutions and defense projects. ITI Limited was founded in 1948 and is based in Bengaluru, India.
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