ITI Limited

ITI Limited Q1 Results; Net Loss Widens To Rs. 102 Cr

ITI Limited Q1 Results; Net Loss Widens To Rs. 102 Cr:

To begin with, ITI Limited announced its net loss of Rs. 102.00 Cr on September 19th. While the company also posted its consolidated net loss of Rs. 61.00 Cr in the same quarter last year.

Furthermore, the company on September 19th reported its Q1FY21 result. Besides, the company’s total revenue stood at Rs. 173.83 Cr in this current quarter. The company also posted its interest income of Rs. 170.59 Cr in the same quarter last year.

ITI Ltd. shares traded with a gain of 0.050 points reached 130.30 INR with 0.038% up. Its shares previously closed at 130.25 INR. The company shares traded on the National Stock Exchange.

Stock Market Update: 

Stock Market September 18th: On Friday, both Sensex and Nifty seem to trade in a bearish trend in the stock market. The Sensex stood traded loss with 38,845.82 levels and Nifty stood traded loss with 11,504.95 levels. The Sensex declined 134.03 points with a 0.34% loss. Besides, Nifty has declined 11.15 points with a 0.097% loss.

On the other hand, the number of confirmed or coronavirus cases in India reached 53,08,014 as of September 19th, and deaths reached 85,625.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market yesterday. It raised 38.67 points with a 0.26% gain and reached a 15,047.80 level. The S&P BSE Smallcap index declined 49.57 points with a 0.32% loss and reached a 15,299.98 level. However, the Nifty Bank declined 289.30 points with a 1.30% loss and reached a 22,031.05 level.

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