Shares of state-run telecom equipment manufacturer
ITI rose as much as 9.4 per cent to Rs 102.9, their highest since September 14.
India continues to force three state-owned telecom companies to buy 30 per cent of their equipment orders from ITI, the government said on Thursday.
Quota policy will apply to Bharat Sanchar Nigam,
Mahanagar Telephone Nigam and
Bharat Broadband Network.
More than 520 million shares traded, 0.6 times their 30-day moving average of 818,974.