Multibagger Stock Surges 1,298 Per Cent in One Year, Bags Defence Ministry Order Worth Rs 2.08 Crore!

A Big Win: Defence Ministry Awards Rs 2.08 Crore Contract

ITCONS E-Solutions has secured a notable contract from the Ministry of Defence. The company will provide manpower services for 39 skilled resources under the Office of DG (MSS), Department of Defence Research & Development. The contract, valued at Rs 2.08 crore (inclusive of taxes), will span 1.5 years.

Expanding Order Book in FY24

This contract adds to ITCONS E-Solutions' growing FY24 order book. Key projects include a Rs 17.42 crore contract with the National Institute of Biologicals, Rs 45 crore technical services project with Proteam Advisory Solutions, and Rs 3.88 crore annual staffing for City Mall. These wins underline the company's strong foothold in the staffing industry.

Diversification into Emerging Sectors

ITCONS E-Solutions specializes in IT consulting, general staffing, and permanent staffing across various sectors. The company is also entering emerging areas like green energy and solar power, showcasing its focus on sustainability and diversification.

Exceptional Stock Performance

ITCONS E-Solutions' stock has delivered stellar returns, with a one-year gain of 1,298 per cent and a year-to-date return of 1,308 per cent. These figures highlight strong investor confidence, driven by the company’s expanding business and robust growth trajectory.

Promising Growth Outlook

With significant contract wins and a strategic focus on new-age sectors, ITCONS E-Solutions is well-positioned for continued success. Its balanced approach to traditional and emerging industries ensures sustainable growth in the years ahead.