ITI Ltd shares gain attention as India Ratings assigns rating.
Why did ITI Ltd shares jump today?
ITI Ltd shares saw a positive movement today, rising by 0.25% to reach a current price of ₹282.15 at 01:48 PM on Thursday. The uptick in the share price is attributed to a positive development regarding the company's financial health.
The key news is that India Ratings and Research (Ind-Ra), a major credit rating agency, has assigned an updated credit rating to ITI Limited. In a formal communication dated August 4, 2026, the company announced that Ind-Ra has assigned a rating of "IND BB+/Positive/IND A4+" for its bank loan facilities. This is significant because the "Positive" outlook indicates that the rating agency views the company's financial prospects favorably for the future.
Furthermore, the rating action involved affirming the existing rating while revising the outlook to positive, replacing a previous "Watch" status. The rated bank loan facilities were also reduced in size from ₹48,516.90 million to ₹42,213.90 million, which can be interpreted as a sign of improved debt management. This rating upgrade from a recognized agency boosts market confidence in ITI Ltd's financial stability and creditworthiness, making it a more attractive investment and consequently driving the positive share price movement seen today.
What does ITI Ltd do?
ITI Ltd is a publicly listed company, as indicated by its scrip codes on both the BSE Limited (523610) and the National Stock Exchange of India Limited (ITI). The company maintains significant bank loan facilities, which have been subject to a credit rating.
The company's bank loan facilities, with a current size of INR 42,213.90 million, have been rated by India Ratings and Research (Ind-Ra). The assigned rating is IND BB+/Positive/IND A4+, reflecting an affirmed rating with a revised positive outlook. This indicates the company operates with substantial formal financing from banking institutions.
ITI Ltd Financials
In CroresBased on the provided data, ITI Ltd demonstrated significant financial improvement from December 2025 to March 2026. Revenue grew robustly, increasing from ₹514.65 Crores to ₹627.65 Crores, reflecting a growth of approximately 22%. More notably, the company executed a substantial turnaround in profitability, swinging from a net loss of ₹25.33 Crores in December 2025 to a substantial net profit of ₹375.14 Crores in March 2026. This represents not only a return to profitability but also indicates a dramatic enhancement in the company's financial health and operational performance over this period.
ITI Ltd Shareholding Pattern
Promoter holding stands at 90.02% of the total share capital. Foreign Institutional Investors (FIIs) hold 0.08% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.06%. Public shareholders hold the remaining 9.82% stake in ITI Ltd.
ITI Ltd FAQs
Q: Why did ITI shares jump 0.25% today?
ITI Limited received rating from India Ratings and Research.. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of ITI Ltd?
As per the latest data, promoters hold 90.02% stake in ITI Ltd, while FII holding stands at 0.08%. Domestic institutional investors hold 0.06%, and public shareholders account for 9.82% of the equity.
Q: What is the current stock price of ITI Ltd?
ITI Ltd shares are currently trading at ₹282.15, recording a gain of 0.25% from the previous close.
Q: What is the market capitalization of ITI Ltd?
The company currently has a market capitalization of ₹27166.87 crore, reflecting its valuation in the Indian equity market.