ITI share price has been enjoying a strong bullish momentum over the last few days. Rising for the fourth consecutive session, ITI shares jumped almost 8 per cent in morning trade on the BSE on Thursday, May 29. ITI share price opened at ₹349.80 against its previous close of ₹340 and jumped 7.6 per cent to an intraday high of ₹365.95. Around 9:50 AM, the PSU stock traded 4.26 per cent higher at ₹354.50.
On a monthly scale, the stock has surged over 40 per cent in May so far and is set to extend its winning run to the third consecutive month. Over the last year, the PSU stock has jumped over 20 per cent, hitting a 52-week high of ₹592.85 on January 7 this year and a 52-week low of ₹210.20 on October 25 last year.
(This is a developing story. Please check back for fresh updates.)