ITI Limited stock has given a return of 5.12 percent since the start of this year. Thus, outperforming the benchmark Nifty50 index which has given a return 2.24 percent over the same duration.
In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications.
The FPO comprises fresh issue of up to 18 crore equity shares, according to the draft papers filed with Securities and Exchange Board of India (Sebi).
These agreements were signed during the first ICT-IoT Expo on the sprawling premises of ITI in Bengaluru. Among the 400 startups, 58 have been shortlisted.
The ASCON (Army Static Switched Communication Network) was established by ITI 25 years ago and has been maintaining the network till date. It is Army's telecom network backbone implemented in phases along the borders.
In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Sunteck Wealthmax shares trading strategy of the day.
Kunal Shah, head of research - Commodities at Nirmal Bang Commodities feels that investors should go short in oil at Rs 5,270 per barrel with a stop loss placed above Rs 5,310 per barrel and expect prices to move and test levels of Rs 5,190 per barrel.
Kunal Shah, head of research - commodities at Nirmal Bang Commodities feels that the long going crisis between US and Iran is seen moderating, due to which he expects crude oil prices to remain under pressure.
Commodities took a big knock yesterday after overseas markets affected sentiment in the space. Experts give CNBC-TV18's investors their outlook on gold, silver, nickel and base metals from the commodities basket.
News of the Greek referendum has reversed flows in financial markets world over. Therefore, the general sentiment in the market is to short commodities, except for the safe haven gold.