ITI shares surge 9% as Q4 loss narrows sharply, revenue jumps nearly 74%

Shares of ITI Ltd surged 9% on May 28 after reporting improved March quarter earnings, with net loss reduced to ₹4.4 crore from ₹239 crore. The board also approved a preferential share allotment to the President of India for a ₹59 crore CAPEX infusion.

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