ITCONS E-Solutions jumps after bagging ₹7.22 Cr manpower services LOI from Bharat PetroleumITCONS E-Solutions jumps after bagging ₹7.22 Cr manpower services LOI from Bharat Petroleum

Introduction

Leading IT and solutions firm received a ₹7.22 crore Letter of Intent from Bharat Petroleum for two-year manpower services across its Southern Region operations.

Also Read: KEC International gains 6% after bagging new orders worth ₹1,020 Cr

Share price movement of ITCONS E-Solutions

On February 4, 2026, ITCONS E-Solutions Ltd opened at ₹399.95, down 0.25% from its previous close of ₹400.95. The stock reached a high of ₹405.20 (1.27%) and a low of ₹395.00. By 3:17 PM, it traded at ₹399.75, a 0.30% decrease, with a market cap of ₹235.31 crore.

ITCONS Secures ₹7.22 Crore BPCL Contract

ITCONS E-Solutions Limited received a Letter of Intent from Bharat Petroleum Corporation Limited, Southern Region, for providing manpower services. The contract value is ₹7.22 crore inclusive of all taxes and duties.

The contract period is two years, commencing February 3, 2026, and ending February 2, 2028, unless extended by mutual agreement. Services will be provided across Bharat Petroleum’s Southern Region operations.

The LOI marks a milestone for ITCONS E-Solutions Limited and reflects trust from a government enterprise. The company will update the stock exchange on execution of the formal agreement.

Stock performance of ITCONS E-Solutions for Period of 1 week, 6 months, and 1 year

ITCONS E-Solutions Ltd delivered a 6.83% return over the past week, declined 26.1% in the past 6 months, and fell 30.4% over the past 1 year.

Also Read: Kranti Industries moves up 10% after securing Defence PSU order for machining precision components

Shareholding pattern of ITCONS E-Solutions

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	56.80%	56.80%	58%
FII	0%	0%	0%
DII	0.40%	0.40%	0.40%
Public	42.90%	43%	41.40%

About ITCONS E-Solutions

ITCONS E-Solutions Ltd (BSE: 543806) provides recruitment and staffing services, IT consulting, project management support, and explores new verticals, including green energy and solar power projects.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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