New Delhi, May 29 -- ITI share price has been enjoying a strong bullish momentum over the last few days. Rising for the fourth consecutive session, ITI shares jumped almost 8 per cent in morning trade on the BSE on Thursday, May 29. ITI share price opened at Rs.349.80 against its previous close of Rs.340 and jumped 7.6 per cent to an intraday high of Rs.365.95. Around 9:50 AM, the PSU stock traded 4.26 per cent higher at Rs.354.50.

On a monthly scale, the stock has surged over 40 per cent in May so far and is set to extend its winning run to the third consecutive month. Over the last year, the PSU stock has jumped over 20 per cent, hitting a 52-week high of Rs.592.85 on January 7 this year and a 52-week low of Rs.210.20 on October 25 las...