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ITI Limited Lauded by ISRO for Role in NISAR Satellite Launch

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ITI Limited Lauded by ISRO for Role in NISAR Satellite Launch

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The latest announcement is out from ITI Limited ( (IN:ITI) ).

ITI Limited has been recognized by ISRO for its contribution to the successful launch of the NISAR satellite aboard the GSLV F16 rocket. The company supplied 28 Avionics Packages and 18 HMSA packages, which were integral to the mission. This launch marks a significant milestone as it is the first joint Earth-observing mission between NASA and ISRO, with the NISAR satellite being one of the most expensive Earth-imaging satellites ever developed, aimed at studying changes on the Earth’s surface in detail.

More about ITI Limited

ITI Limited, a premier telecom manufacturing company and the country’s first PSU post-independence, plays a significant role in the telecom industry by providing crucial avionics systems for space missions.

Average Trading Volume: 111,319

Technical Sentiment Signal: Buy

Current Market Cap: 279.9B INR

See more insights into ITI stock on TipRanks’ Stock Analysis page.

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