ITI shares rally 3% on JandK Operations deal for BharOS-enabled digital devices

The share touched a 52-week high of Rs 384.35 and a 52-week low of Rs 86.50 on 17 January, 2024 and 28 March, 2023, respectively.

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Shares of ITI rose 3 percent in the early trade on February 19 after the company signed a contract with JandK Operations Private Limited for manufacturing and supply of BharOS-enabled digital devices and services.

This collaboration aims to manufacture and provide BharOS-enabled digital devices, including mobiles, routers, tablets, and more, to enhance the digital security infrastructure of Digital India.

“Our collaboration with BharOS marks a significant milestone in our mission to bolster Digital India’s security infrastructure. By integrating BharOS’s advanced security features into a diverse range of digital devices, including mobiles, routers, tablets, and more, we aim to provide cuttingedge technology solutions that prioritize user privacy and data protection,” said Rajesh Rai, Chairman and Managing Director, ITI Limited.

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The share touched a 52-week high of Rs 384.35 and a 52-week low of Rs 86.50 on 17 January, 2024 and 28 March, 2023, respectively.

Currently, the stock is trading 16.17 percent below its 52-week high and 272.49 percent above its 52-week low.