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ITI Share Price Surged Over 8% After Securing New AI Project in Uttar Pradesh

Written by: Aayushi ChaubeyUpdated on: 7 Aug 2025, 8:37 pm IST
ITI share price jumped over 8% after securing AI-powered road safety project in UP.
ITI Share Price Surged Over 8% After Securing New AI Project in Uttar Pradesh
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

ITI share price has gained momentum for the second day in a row. The stock jumped over 8% intraday to hit ₹323.80 on the NSE on August 7, 2025, after rising 3.4% in the previous session. As of 12:30 pm, it was trading 5% higher at ₹315 with a market cap of ₹30,296 crore.

So, what’s driving this renewed investor interest in India’s oldest telecom PSU?

ITI Secures AI-Powered Road Safety Project in Uttar Pradesh

The current rally in ITI share price comes after the company announced a pilot project using artificial intelligence and big data analytics for road safety in Uttar Pradesh.

ITI Ltd is partnering with tech firm mLogica to collect and analyse data from multiple sources. This includes traffic flow, driver behaviour, road conditions, weather data, and accident reports. The aim is to build AI models that can predict accident-prone zones, identify causes, and create real-time policy dashboards.

If successful, this six-week pilot will be expanded to core transport operations like faceless licensing, e-challan systems, revenue collection, and modernised enforcement through Vahan Sarathi registries.

Recent Contract Wins Strengthen Outlook for ITI Share Price Performance

ITI Ltd has recently bagged multiple important contracts, some of which include:

  • A CCTV surveillance and GIS-based Land Intelligence System project worth ₹88 crore in Odisha and Chhattisgarh.
  • A massive ₹1901 crore deal with BSNL as Project Implementing Agency for BharatNet Phase-3 Package-15.

With this, ITI has secured three packages (8, 9 & 15), pushing its total order book value to ₹6,956 crore under BharatNet Phase-3.

ITI Share Price Performance

Despite the recent gains, ITI shares are still down 18% year-to-date. However, the long-term trend looks stronger:

  • 3-year CAGR: 37%
  • 5-year CAGR: 17%

The company is yet to release its Q1 FY26 results, and investors are keenly waiting for performance updates, especially after these major developments.

Read more: Rajiv Bajaj, MD of Bajaj Auto, Signals New Electric Vehicles and Powerful Bikes Ahead.

Conclusion

ITI Ltd is clearly shifting gears from a traditional telecom PSU to a tech-driven solutions provider. With large government contracts and a promising AI pilot, the stock is catching investor attention again.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Aug 7, 2025, 3:02 PM IST

Aayushi Chaubey

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