ITI shares surge over 18% in two days after Q4 loss narrows sharply
EBITDA loss also narrowed significantly to ₹28.2 crore, from a loss of ₹173.8 crore in the year-ago period.
ITI remains a tightly held PSU stock, with the government owning a 90% stake as of the March quarter. Of the remaining public shareholding, the Special National Investment Fund holds 7.9%, resulting in a limited free float.
While
ITI shares
have gained 46% over the past three months, they are down 6% so far in 2025. The company's market capitalisation currently stands at ₹34,673 crore.
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Time of India
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- Time of India
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The Hindu
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