768 Per cent Multibagger Returns in 12 Months: ITCONS Secures Rs 2.14 Crore Manpower Supply Contract From PVVNL
The stock has delivered a strong 1-year return of 768 per cent, placing it among the notable multibagger small-cap stocks on the Indian market radar.
ITCONS e-Solutions Ltd, a key player in the recruitment and staffing services sector, has announced a significant development that strengthens its growth outlook. The company has secured a new work order from Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL), based in Meerut, Uttar Pradesh. Under this contract, ITCONS will provide 92 skilled and unskilled manpower resources on a contractual basis for a duration of 11 months. The total value of the contract stands at Rs 2,14,56,550.40, inclusive of all applicable taxes.
The company highlighted that this order is a testament to the trust placed in them by PVVNL and reflects its focus on delivering quality staffing solutions. This collaboration also opens up future prospects for continued business engagement with PVVNL, further enhancing ITCONS e-Solutions Ltd's position in the staffing services industry.
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As of May 07, 2025, shares of ITCONS e-Solutions Ltd are trading at Rs 502.95. The stock has delivered a strong 1-year return of 768 per cent, placing it among the notable multibagger Small-Cap stocks on the Indian market radar. The company’s 52-week high is Rs 737, while its 52-week low is Rs 51, highlighting the sharp upward trajectory witnessed over the past year.
Founded in 2007, ITCONS e-Solutions Ltd has built a reputation for offering comprehensive recruitment services across sectors. With a market capitalisation of Rs 300 crore, the company continues to focus on client expansion and improved service delivery. While the company has not recently announced any dividend, bonus, or right issue, its stock performance and business developments have kept investor interest elevated.
As the staffing industry continues to evolve and demand for manpower solutions rises, ITCONS e-Solutions Ltd's new contract win reinforces its competitive position and underscores its potential for sustained growth.
Disclaimer: The article is for informational purposes only and not investment advice.
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