Stocks In News - Bagging Order

1. ITI has received purchase order from Gujarat Fibre Grid Network (GFGNL) under BharatNet Phase II project.
2. The company has signed a contract with GFGNL for implementing BharatNet Phase II project in one of the two packages in the state of Gujarat.
3. The purchase order from GFGNL is valued at Rs 1011.41 cr towards the Capex part of the project, to be completed in a period of one year and Rs 190.04 cr towards operation and maintenance of the network for 3 years after the implementation of the project.