logo

ITI Limited Shares Jump Over 4% as Company Unveils India’s First AI-Powered Road Safety Pilot

By Shishta Dutta | Published at: Aug 6, 2025 06:41 PM IST

ITI Limited Shares Jump Over 4% as Company Unveils India’s First AI-Powered Road Safety Pilot
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Bengaluru, August 6, 2025 — ITI Limited (NSE: ITI, BSE: 523610) surged 4.98% intraday high of ₹304.05 on Wednesday. This was after the company announced a groundbreaking AI-based road safety project in UP, making it a critical milestone in the digital transformation strategy. The pilot project uses the latest technologies such as AI and Big Data to analyse multi-source data, including traffic congestion, speed, density (of traffic), along with environmental data, driver and vehicle performance and accident patterns due to infrastructure flaws.

Stock Price Movement

At 3:30 PM IST, the stock consolidated a bit and moved to ₹298.80. The low high range remained between ₹293-₹304.50. After today’s surge, the stock has recorded a move of 16.74% increase in the past three months. The trading volume today was higher than usual, with over 19 lakh shares exchanged.

Company’s Perspective on the Project

According to the company, the goal is to create real-time risk prediction modelsidentify accident blackspots, and generate data-driven policy dashboards. The initiative has been cleared by the Ministry of Road Transport and Highways (MoRTH) and will run in coordination with the Uttar Pradesh government.

“We are humbled that the UP Government has chosen our model. This project reaffirms ITI’s position as a trusted ICT solutions provider to state governments,” said Rajesh Rai, CMD, ITI Limited.

Strategic Outlook

The six-week prototype phase will integrate datasets like telematics, driver behavior, and road layouts to build AI models. If successful, ITI plans to scale the model to core transport operations like e-challans, faceless licensing, and Vahan-Sarathi registries.

This initiative adds to ITI’s recent wins, including:

  • ₹88 crore contracts for CCTV and GIS-based systems in Odisha and Chhattisgarh
  • The Aaple Sarkar Seva Kendra e-governance rollout in Maharashtra

These moves reinforce ITI’s diversification beyond telecom hardware into smart governance, AI analytics, and integrated digital infrastructure.

ITI Limited is a listed central PSU under the Ministry of Communications and India’s first post-Independence telecom manufacturing company. With six manufacturing units and a dedicated R&D center in Bengaluru, ITI provides end-to-end solutions in telecom, defense, e-governance, and allied sectors. The company is a key component of the NIFTY SMALLCAP 250 index.

REF: https://nsearchives.nseindia.com/corporate/ITI_05082025153619_SE_Intimation_on_Press_Pelease.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy