ITI Limited’s share price surged by over 9% on December 10, hitting a record ₹404. The telecom PSU has gained 42% in just three days and over 92% in less than two months. Analysts recommend caution, suggesting profit booking as the stock approaches key resistance levels. While ITI’s focus on ICT products and IoT services underpins its growth, sustained momentum depends on its ability to close above ₹373.55 weekly. Investors are advised to monitor technical levels before making further moves.
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