/ ITI Shining On D-Street Up By Over 13% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 24 April 2017

Stocks of state-owned telecom equipment manufacturer, ITI, are shining on D-Street, trading over 14% at Rs 100.25 per share on BSE. The stock opened its day at Rs 100.00 per share, touched a high of 103.20 per share, and a low of 96.20 per share.

The company has appointed business application provider, Infor, for enhanced GST compliance, and a speedy decision support system.

To align with the GST regime to be rolled out on July 1, 2017, companies are equipping their systems to adapt to the new environment, which will subsume excise, service tax, VAT and other local levies. The stock has outperformed both BSE Small cap index and Nifty Service Sector index on a yearly basis.

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