ITI stock jumps 10% after emerging lowest bidder for BharatNet Phase-3 project

ITI Ltd.’s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore. ITI Ltd.’s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore.  Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *