November 9, 2018 / 4:00 AM / 2 months ago

BUZZ-India's ITI rises after govt asks state-run telcos to buy from co

** Shares of state-run telecom equipment manufacturer ITI Ltd rise as much as 9.4 pct to 102.9 rupees, their highest since Sept 14

** India to continue to force three state-owned telecom companies to buy 30 pct of their equipment orders from ITI, the govt said on Thursday

** Quota policy will apply to Bharat Sanchar Nigam Ltd, Mahanagar Telephone Nigam Ltd and Bharat Broadband Network Ltd

** More than 520 mln shares traded, 0.6 times their 30-day moving avg of 818,974

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