ITI (ITI Ltd.): Order Win
ITI Ltd., a public-sector telecom equipment maker, has secured a ₹856.39 crore order from Bharat Sanchar Nigam Ltd. (BSNL) for the 4G Expansion Phase IX project, according to an NSE filing dated July 16, 2026. The company informed the exchange via a press release at 12:24 PM on the same day.
Events like this—order wins for capital-goods and telecom-equipment firms—have historically shown a 72% win rate over the following month across 50 comparable past instances on Strota's database, with a net edge of 1.6%. This base rate reflects how the market has typically processed similar contract announcements, not a forecast for ITI specifically.
The stock closed at ₹284.5 on July 15 and was last at ₹295.6, up 3.9% against a Nifty gain of 0.29%, with relative volume at 1.92 times the 20-day average. ITI trades 23.7% below its 52-week high of ₹372.85 and 20.04% above its 52-week low of ₹237.0. The RSI-14 reads 36.6, below the neutral 50 mark, and the price sits below both its 50-day and 200-day simple moving averages. Valuation metrics show a price-to-earnings ratio of 95.51 and a price-to-book of 14.66, with return on equity at 16.6%.
The filing establishes the order value and the counterparty (BSNL); it does not disclose delivery timelines, margin assumptions, or revenue-recognition schedules. The historical base rate for order-win events is provided for context, not as predictive guidance for this specific stock.
The catalyst
ITI Limited has informed the Exchange regarding a press release dated July 16, 2026, titled "ITI Limited Wins 4G Expansion Phase IX Order from BSNL Worth Rs. 856.39 Crores." (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.
ITI right now
trading +3.90% on the day; P/E 95.51; RSI 36.6. Full ITI analysis →
Sources
- ITI Limited has informed the Exchange regarding a press release dated July 16, 2026, titled "ITI Limited Wins 4G Expansion Phase IX Order from BSNL Worth Rs. 856.39 Crores." — NSE
- ITI Ltd revises net profit to ₹43,610 crore in corrigendum — scanx.trade
- Volumes soar at ITI Ltd counter — Business Standard
- ITI Ltd: Why Did This PSU Stock Skyrocket 15% Today? By Trade Brains — Investing.com India
- ITI Share Price Jumps 18.70% To ₹287.60 On Strong Buying — HDFC Sky
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