Telecom Equipment Sector Faces Challenges as ITI Stock Struggles Amid Market Volatility

ITI, a prominent player in the Telecom Equipment & Accessories sector, has experienced a notable decline of 3.06% on June 19, 2025. This downturn marks a continuation of its recent struggles, with the stock underperforming the sector by 1.9%. Over the past two days, ITI has recorded a cumulative loss of 4.87%, reflecting a challenging market environment.
Intraday trading saw ITI reach a low of Rs 305.8, down 2.98%. While the stock's moving averages indicate it is performing better than the 50-day, 100-day, and 200-day averages, it remains below the 5-day and 20-day moving averages, suggesting short-term volatility.

In the broader market context, the Sensex opened flat, trading at 81,417.00 with a slight decline of 0.03%. Despite ITI's recent struggles, its longer-term performance remains noteworthy, with a 3-year increase of 270.32% and a 5-year rise of 186.37%. However, year-to-date, ITI has seen a significant drop of 20.98%, contrasting with the Sensex's positive performance of 4.20%.