Introduction:
Stock is in focus after securing a new work order from Diesel Loco Modernization Works (DMW), Patiala, Indian Railways. The order, valued at INR 37.19 lakh, involves providing manpower services for 2 years, starting 15th February 2025.
Share Price movement of ITCONS E-Solutions:
On February 3, 2025, ITCONS E-Solutions Ltd opened at ₹580.0, up 2.83% from its previous close of ₹568.5. The stock reached a high of ₹584.6 and a low of ₹580.0. By 01:04 PM, it traded at ₹584.6, with a market cap of ₹293.98 crore.
ITCONS E-Solutions receives new order:
ITCONS E-Solutions Limited has secured a new work order from Diesel Loco Modernization Works (DMW), Patiala, Indian Railways. The company will provide 08 manpower services on a contractual basis for a period of 2 years, with a contract value of INR 37.19 lakh.
The work order, awarded by the Ministry of Railways, is a domestic contract, and the services will begin on 15th February 2025, lasting until 14th February 2027. ITCONS E-Solutions Limited will provide manpower services for the mentioned duration, ensuring successful project execution.
Recent news About ITCONS E-Solutions :
On 27 Jan 2025, ITCONS E-Solutions Ltd secured a ₹5.41-crore contract from Dr. Harisingh Gour Vishwavidyalaya, Ministry of Education, for providing 201 manpower services on a 1-year contract, with a total value of ₹5,41,62,292.22.
Ace investor holding of ITCONS E-Solutions:
Saurabh Gangal holds 343,728 shares of ITCONS E-Solutions, valued at ₹20.1 Crore, representing a 6.84% stake in the company. There has been no change from the previous quarter in his holding.
Ravindra N holds 130,000 shares of ITCONS E-Solutions, accounting for a 2.59% stake in the company, valued at ₹7.6 Crore. His holding has increased slightly by 0.04% compared to the previous quarter.
Stock performance of ITCONS E-Solutions for Period of 1 week, 6 months and 1 year:
The stock of ITCONS E-Solutions has declined by 8.31% over the past week. However, it showed strong growth with a 183% return over the last 6 months and an impressive 1,221% return over the past year.
Also Read: Infra stock in focus after it receives order worth ₹1200 Cr
Shareholding pattern of ITCONS E-Solutions:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 59.40% | 59.40% | 59.40% |
| FII | 0% | 0% | 0% |
| DII | 0.20% | 0.10% | 0% |
| Public | 40.50% | 40.60% | 40.60% |
About ITCONS E-Solutions:
ITCONS E-Solutions is a leading service provider specializing in engineering, construction, and project management consultancy. The company offers end-to-end solutions across various sectors, including infrastructure, with expertise in delivering complex projects and maintaining high-quality standards for clients.
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.
