ITI shares jumped 11% on November 11 after the company became the lowest bidder for three packages of the BharatNet Phase 3 project, worth a total of ₹4,559 crore.
By 10:37 AM, the stock was trading at ₹338.70, up ₹35.10 or 11.56% on the BSE.
In partnership with its consortium, ITI emerged as the lowest bidder (L1) for Package 15, covering Arunachal Pradesh, Nagaland, and Manipur, with an order value of ₹1,537 crore.
The company also secured L1 status for Package 8 in Himachal Pradesh and Package 9 in West Bengal and the Andaman & Nicobar Islands, with a combined order value of ₹3,022 crore.
These three packages bring the total project value to ₹4,559 crore. The BharatNet Phase 3 project includes 16 packages across all states and union territories. BSNL had invited tenders for the design, supply, construction, and maintenance of the project under a Design Build Operate and Maintain (DBOM) model.
ITI's board will meet on November 14, 2024, to review and approve the unaudited financial results for the quarter and half-year ending September 30, 2024.
- Tags:
- Latest news
На данном сайте вы сможете найти подробную информацию о способах лечения депрессии у людей преклонного возраста. Вы также узнаете здесь о профилактических мерах, актуальных подходах и советах экспертов. http://navis.letras.puc-rio.br/2022/09/05/xvi-jornada-de-estudos-do-discurso/