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ITI Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

ITI Share Price Target

ITI Ltd, also known as Indian Telephone Industries Limited, is a government-owned company under the Ministry of Communications in India. Established in 1948, ITI Ltd played a foundational role in India’s telecommunications infrastructure. The company provides telecom products and services, including network solutions, cybersecurity, data center services, and IoT applications. ITI Share Price on NSE as of 12 November 2024 is 296.05 INR. Here will provide you more details on ITI Share Price Target 2024, 2025, 2026 to 2030.

ITI Ltd: Market Overview

  • Open Price: ₹327.35
  • High Price: ₹344.64
  • Low Price: ₹294.61
  • Previous Close: ₹327.35
  • Volume: 42,686,514
  • Value (Lacs): ₹126,177.07
  • VWAP: ₹321.70
  • UC Limit: ₹360.08
  • LC Limit: ₹294.61
  • P/E ratio: N/A
  • Div yield: N/A
  • 52-wk high: ₹384.30
  • 52-wk low: ₹210.00
  • Mkt cap: ₹28.31°­°ä°ù
  • Face Value: ₹10

ITI Ltd Competitors

Here are four competitor companies of ITI Ltd along with their approximate market capitalizations:

  1. Tejas Networks Ltd. – Around ₹27,000 crore
  2. HFCL Ltd. – Around ₹15,000 crore
  3. Bharti Airtel Ltd. (for telecom solutions) – Over ₹5.5 lakh crore
  4. Sterlite Technologies Ltd. – Around ₹6,000 crore

ITI Share Price Chart

ITI Share Price Chart

ITI Share Price Target Tomorrow 2024 To 2030

ITI Share Price Target Years Share Price Target
2024 ₹390
2025 ₹550
2026 ₹620
2027 ₹697
2028 ₹760
2029 ₹895
2030 ₹955

ITI Share Price Target 2024

ITI share price target 2024 Expected target could be ₹390. Here are three key factors that could affect the growth of ITI Ltd’s share price target in 2024:

  • Government Contracts and Policy Support: ITI Ltd often benefits from government contracts and telecom projects. Growth could be boosted if there is significant support for initiatives like Digital India, telecom expansion, or defense modernization.
  • Expansion in 5G and Telecom Infrastructure: With India’s focus on 5G and digital infrastructure, ITI Ltd’s involvement in related projects and partnerships could drive revenue growth and attract investor interest.
  • Competitive Positioning: Success against competitors like Tejas Networks and HFCL, especially in the telecommunications sector, could impact ITI’s market performance and influence share price growth.

ITI Share Price Target 2025

ITI share price target 2025 Expected target could be ₹550. Here are three key factors that could affect ITI Ltd’s share price target in 2025:

  • Advancements in 5G and Digital Initiatives: ITI Ltd’s role in India’s 5G rollout and other digital infrastructure projects could drive substantial revenue growth if they secure key contracts.
  • Expansion of Manufacturing and R&D Capabilities: Increased focus on indigenous manufacturing and R&D could make ITI more competitive in telecommunications and defense, enhancing long-term growth.
  • Strategic Partnerships and Collaborations: Collaborations with technology leaders and telecom companies could open new revenue streams and improve ITI’s market positioning.

ITI Share Price Target 2030

ITI share price target 2030 Expected target could be ₹955. Here are three potential risks and challenges for ITI Ltd’s share price target in 2030:

  • Technological Obsolescence: Rapid advancements in technology could make some of ITI’s products outdated, requiring continuous innovation and investment to stay competitive.
  • Dependence on Government Contracts: ITI’s reliance on government projects may pose a risk if policies shift or budget allocations change, impacting revenue streams.
  • Intense Market Competition: Strong competition from both domestic and international players in telecommunications and electronics manufacturing could affect ITI’s market share and profitability.

ITI Ltd Shareholding Pattern

  • Promoters: 90%
  • Retail and Others: 9.92%
  • FII: 0.04%
  • Mutual Funds: 0.03%
  • DII: 0.01%

ITI Ltd Shareholding Pattern

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ITI Ltd Financials

(INR) 2024 Y/Y change
Revenue 12.64B 9.45%
Operating expense 4.37B 9.28%
Net income -5.69B -58.10%
Net profit margin -45.02 -74.56%
Earnings per share — —
EBITDA -3.19B -112.46%
Effective tax rate — —

ITI Ltd Financials

ITI Limited Quarterly Financials

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