ITCONS Gains on New Rs 3.5 Million Defence Contract

25 Jul 2025 CW Team

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.

A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.

Promoters hold 58.22 per cent of the company’s equity, while institutional and non-institutional investors hold 0.36 per cent and 41.41 per cent respectively.

The company has recently secured a new contract from the Commander Works Engineer Utilities, Delhi Cantt, Indian Army, under the Ministry of Defence. Valued at Rs 3.5 million, the contract involves the deployment of skilled technical personnel and will run from 1 August 2025 to 1 July 2026, with possible extension by mutual consent.

Based in New Delhi, ITCONS E-Solutions provides human resource services across various sectors, including government and defence.

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