Shares of ITCONS e-Solutions Ltd hit the 5% upper circuit and hit a 52-week high of Rs 497.70 on 4 September after the company announced receiving work orders from the Ministry of Railway and Communications. 

In its regulatory filing, the company said that they had received a new work order for 21 skilled Computer Operator employees on a contractual basis for a period of 1 year from the office of the Chief Administrative Officer SER, South Eastern Railway, Ministry of Railways for a total consideration of Rs 87.55 lakhs.

Moreover, the company has also received another work order for providing IT Technical Engineers from the National Institute of Communication Finance, Department of Telecommunications (DOT), Ministry of Communications, worth Rs 13.15 lakhs. 

The company has also received a work order from Wipro Ltd for providing onsite support services for managing the network, desktop, and IT helpdesk services at different locations of ICICI Bank, and for a total consideration of Rs 23.76 lakh. 

Itcons E-Solutions Limited specialises in providing comprehensive human resource services for both public and private sectors. The company offers a broad range of services including manpower supply, IT staffing, general staffing, re-badging, recruitment process outsourcing (RPO), pass-through services, payroll management, managed IT services, and product installation and servicing solutions. 

Their aim is to support clients’ complete HR needs through these diverse offerings, ensuring end-to-end service delivery.

At 3:05 pm, the shares of ITCONS e-Solutions Ltd were locked 5% higher at Rs 497.70 on NSE.

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