Telecommunications Sector Faces Challenges as ITI Stock Declines for Fourth Consecutive Day
ITI, a key player in the Telecommunication Equipment industry, has faced a notable decline in stock performance, marking four consecutive days of losses and a significant drop over the past month. The company's performance has lagged behind its sector and broader market trends, indicating ongoing challenges.
ITI, a prominent player in the Telecommunication Equipment industry, has experienced a significant decline in its stock performance today, with a drop of 4.99%. This decline marks the fourth consecutive day of losses for the company, accumulating a total decrease of 14.48% over this period. Opening the trading session with a gap down of 4.86%, ITI reached an intraday low of Rs 245.4. The stock's performance has notably underperformed compared to its sector, which has seen an overall decline of 3.1%. In terms of moving averages, ITI is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.
Over the past month, ITI has faced a staggering decline of 34.95%, contrasting sharply with the Sensex, which has only decreased by 1.17% during the same timeframe. These metrics highlight the challenges ITI is facing in the current market environment, reflecting broader trends within the telecommunications sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
