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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 |
|---|---|
| ISIN | INE248A01017 |
| Sector | Technology |
| Exchange | NSE |
| CurrencyCode | INR |
| Beta | -0.28 |
|---|---|
| PE Ratio | None |
| Target Price | None |
| Market Cap | 279B |
| Dividend Yield | None |
ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India. The company's telecom products and solutions include switching, transmission, access, and subscriber premises equipment. It also offers 4G radio equipment, and defence electronics products and systems; encryptors for defence; and other telecom products, including laptops /smaash PCs, solar panels/ modules/ power packs, optical fiber cable, HDPE, ONT, OLT, ODC, and telephones and smart cards. In addition, the company is involved in contract manufacturing of water pipes, 4G RAN Equipment, Tablet PC, etc. Further, it provides optical fiber cable, solar panel, HDPE manufacturing; smart energy meters; surface mount technology assembly; 3D printing; military telephones; SARAL tablet; GPON; data center; and operates VSSC component screening and telecom testing center. 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. ITI Limited was founded in 1948 and is based in Bengaluru, India.
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