ITI Share Price Target From 2024 to 2030: One of the best and oldest public sector undertakings in India’s telecommunication space, ITI Ltd has contributed much toward developing the country’s telecommunication infrastructure. Known for its long experience in manufacturing telecom equipment, ITI Ltd has diversified its portfolio and enhanced its technological capabilities to keep pace with the rapidly evolving telecom space. Since the company had changed its business model over the years, it was according to the company’s goal of playing on new-age technologies, strategic partnerships, and government projects like BharatNet.
This article is a comprehensive analysis wherein the share price of ITI from 2024 to 2030 will be discussed by taking into consideration the company’s last financial performance, marketplace trends, investor sentiments, and shareholding pattern. This projection would give the investors an insight into the future prospect of the stock and will help the investors in taking the right decision regarding their investment.
Important Financial Highlights For ITI Share Price
As of latest market update, here are the important financial figures for ITI Limited: dt
- Open price: โน299.64
- Previous close: โน304.24
- Volume: 114,616,442 Shares
- Upper circuit Limit: โน375,196.92 Lacs
- Lower circuit Limit: โน243.39
- Weighted average price (WAP): โน331.43
- 52-week high: โน384.30
- 52-week low: โน210.00
- Market Capitalisation: โน31,454 Crore
- Face Value: โน18.57
- Dividend Yield: 10%
- Book value per Share: โน365.08
- 20 days Average Volume: 736,314 shares
- 20 days Average Delivery Percentage: 36.15 %
The share has a present market price of โน327.35 and had returned 7.60% for the last one year. The company’s stock performance trend is positively rising, and hence, its sound fundamentals support it to rise even more in the coming years.
Shareholding Pattern For ITI Share Price
- Promoters: 90.00%
- Retail and Others: 9.92%
- Foreign Institutions (FII): 0.04%
- Mutual Funds: 0.03%
- Other Domestic Institutions: 0.01%
Promoters have 90% shareholding in ITI Limited, indicating full control and confidence for its future prospects moving ahead. Nearly 10% are retail investors with good levels of interest at the individual shareholder base. The marginal stakes from foreign institutions as well as mutual funds display cautious but growing interest by these investor groups.
Present Market Performance For ITI Share Price
Over the past year, ITI share price has seen an upward trend, with a notable increase of 7.60%. The company reached its 52-week high at โน384.30, while the 52-week low was recorded at โน210.00. The beta value of 1.36 indicates that the stock is moderately volatile, making it an attractive option for investors seeking growth while willing to accept some level of risk.
ITI Share Price Target from 2024 to 2030
We have projected the share price targets for ITI Limited from 2024 to 2030 as shown below after considering in detail all details of the company’s financial performance, market trends, and growth projection:
Year | Target |
2024 | โน420 |
2025 | โน545 |
2026 | โน610 |
2027 | โน690 |
2028 | โน754 |
2029 | โน898 |
2030 | โน945 |
2024: ITI Share Price Target โน420
The ITI Share Price target for 2024 has been established at โน420, which would be about a 28% premium from the current price of โน327.35. This estimate is based on the advent of new products, greater emphasis by the company on the manufacturing of 5G equipment, and upside through government initiatives such as Make in India and Digital India. Revenues are envisioned to increase due to involvement in large projects like BharatNet.
2025: โน545 Target ITI Share Price
Target ITI Share Price should stand at โน545 by 2025. ITI will be well-placed to go up on the benefits drawn from the strategic alliances entered into with global players within the space of telecom as well as with technology providers. Increasingly its focus on cybersecurity solutions as well as cloud services should go toward creating new revenue streams while driving higher valuations. For the income-focused investor, a stable dividend yield of 10% remains very attractive.
2026: โน610 ITI Share Price Target
The EPS is estimated to stand at โน80 for 2026, and with a P/E multiple of 6, the target price stands at โน610, growing approximately 8% from last year. ITI’s investments in research and development in the areas of IoT devices and smart city projects are to pay off. Company efforts to upgrade its manufacturing facilities and increase production efficiency will subsequently follow to increase profitability.
2027: ITI Share Price Target โน690
Share price for the calendar year 2027 estimated at โน 512. ITI would be consistently growing due to expanding public sector projects and the acquisition of private sector services. Any relief in debt and subsequent strengthening of its balance sheet would further strengthen investor confidence and, hence, stock valuations.
2028: Target ITI Share Price – โน754
Projected price by 2028 stands at โน754. That is the target price, calculated on the basis of new contracts secured by ITI in increasingly growing telcom and IT services sectors. The green energy initiatives by the company may eventually turn into an ESG-oriented investor-based price appreciation.
2029: Target ITI Share Price at โน898
By 2029, the share price is expected to reach โน898. The diversification of ITI into international markets, especially emerging economies, will open up new avenues for growth in the company. Its good market position in the Indian telecom sector coupled with adaptability to evolving industry trends is likely to enhance its earnings potential.
2030: Target ITI Share Price โน945
The target ITI Share Price is set at โน945 for 2030. The entire growth projection will contemplate a long-term direction in the form of innovation, technology upgrade, and strategic collaborations. Sustained efforts of ITI in enhancing the value of shareholders through consistent dividends and stock buyback bode well for the market.
Key Growth Drivers For ITI Share Price
- Government Support: There is strong growth runway for ITI, as the Indian government lays increasing emphasis on telecom infrastructure development.
- 5G Roll-out: ITI’s foray in the manufacturing of 5G equipment will help it avail maximum benefits from the incoming telecom revolution.
- Diversification: The diversified move of the company would also have it entering into cybersecurity, IoT, and smart city solutions will help bring in new income streams.
- Strategic Partnering: Associations with the leading global technology companies would further help enhance the product portfolios of ITI and further strengthen the reach within the markets.
- Dependence on Government Projects: The company’s key income comes through government contracts, which leaves it susceptible to policy changes and project delays. The competition in the telecommunication equipment market is very stiff, as there are many players in the domestic as well as international arena.
Telecom technology advances at a fast pace. In case ITI does not adjust its practice at par with the speed of it, that might be problematic.
FAQs For ITI Share Price
1. Is ITI Limited a good investment for the long term?
Yes, ITI Limited has tremendous growth potential since it is supported with strategic initiative, government support, and an emphasis on new-age technologies. However, investors should not forget the risks prevalent in the telecom sector.
2. What will be the target share price of ITI in 2025?
The target share price for ITI by 2025 will stand at โน545.00.
3. What is the Dividend Yield for ITI Limited?
The Dividend Yield for ITI Limited is at 0.82 %. The dividend yield of ITI Limited is presently at 10%, which is very attractive for income-oriented investors.
4. Why has ITI share price increased lately?
There are positive market sentiments, good financial performance, and growth prospects related to 5G rollout as well as government projects that have enhanced the share price of ITI recently.
5. What are the key risks associated with investment in ITI Limited?
Some of the primary risks are dependent on government contracts, a significant level of competition, and the need to keep pace with the continuous technological advancements made in the telecom industry.
ITI Limited sits on a strong market position since it has always put emphasis on strategic efforts and innovation. Projected share prices from 2024 to 2030 will be progressive and steady, hence an upsurge in the share price when market conditions are favorable and there is a company with long-term growth strategy. Investor consideration of other sector-specific risks and market dynamics should precede investment decisions.