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ITI Share Price Target 2025, 2026, 2027, 2030

2026-05-20 · 3 min read

Sector - Finance
ITI Share Price Target 2025, 2026, 2027, 2030

ITI Limited was established in 1948 and remains a Central Public Sector Undertaking under the Department of Telecommunications. 

ITI Ltd Share Price Target

ITI Limited operates in a niche corner of India’s telecom infrastructure ecosystem manufacturing communication equipment, supporting government projects like BharatNet and FTTH rollouts, and servicing network infrastructure across public and private customers. 

Financial table for ITI Ltd

Market Cap₹29,299 Cr.(As of May 2026)
Price to Earnings
Return on equity-1602%
Debt to equity0.90
Current ratio0.86
Dividend Yield0.00%
Return on assets-2.68%
ROCE-1.33%
Face Value₹10.0
52 Week High₹373
52 Week Low₹233

ITI Ltd Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Promoters

90.30%

90.09%

90.00%

90.17%

90.00%

90.00%

90.02%

FIIs

0.02%

0.02%

0.04%

0.08%

0.11%

0.00%

0.00%

DIIs

0.01%

0.00%

0.01%

0.01%

0.02%

0.04%

0.06%

Government

7.51%

7.74%

7.83%

7.70%

7.90%

7.90%

7.88%

Public

2.15%

2.14%

2.12%

2.03%

1.97%

2.04%

2.03%

No. of Shareholders

60,665 

75,986 

77,915 

75,886 

1,00,321 

2,05,507 

1,62,249 


Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 300-350

for the move Government telecom projects support steady growth. Projected Targets:
YEAR 2027

Target Range (₹) : 400-450

for the move Broadband and defence communication demand improve revenues gradually. Projected Targets:
YEAR 2028

Target Range (₹) : 350-390

for the move 5G and telecom equipment expansion improves utilization. Projected Targets:
YEAR 2029

Target Range (₹) : 500-540

for the move Telecom and defence equipment segments become major revenue drivers. Projected Targets:
YEAR 2030

Target Range (₹) : 450-490

for the move Mature telecom and defence portfolio stabilizes revenues.

Historic Performance:

Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : 36.81%

Start of the year price92.50
End of the year price126.55
Reason : Strong rise driven by telecom infrastructure and PSU revival optimism.
YEAR 2021

Yearly returns : -7.43%

Start of the year price127.20
End of the year price117.75
Reason : Decline driven by weak execution and inconsistent profitability.
YEAR 2022

Yearly returns : -12.57%

Start of the year price118.50
End of the year price103.60
Reason : Continued weakness due to operational inefficiencies and margin pressure.
YEAR 2023

Yearly returns : 192.98%

Start of the year price103.95
End of the year price304.55
Reason : Massive rally driven by BharatNet and telecom manufacturing optimism.
YEAR 2024

Yearly returns : 26.75%

Start of the year price305.45
End of the year price387.15
Reason : Continued gains driven by telecom infrastructure project visibility.
YEAR 2025

Yearly returns : -20.55%

Start of the year price390.00
End of the year price309.85
Reason : Sharp correction driven by profitability concerns and execution delays.

Conclusion

ITI Ltd share price target isn’t a single magic number it’s about understanding how business fundamentals, government project flows, margins, and balance sheet health interact. ITI’s valuation is more cyclical and contract‑dependent than high‑growth tech, so expect range‑based targets, not straight line forecasts.

A disciplined approach combining fundamental valuation with sector context and risk metrics is essential before committing capital.

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