The shares of ITCONS e-Solutions Ltd were trading at ₹670.10 down by 7.90 or 1.17 per cent on the BSE today nearing the closing bell.

ITCONS e-Solutions Ltd. has won a ₹3.61-crore contract from the Central Warehousing Corporation (CWC) in Kochi to provide manpower services.

The two-year contract, announced on December 23, will support the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution.

The BSE-listed HR services company recently secured another government contract worth ₹2.47 crore with the Food Corporation of India (FCI), strengthening its presence in the public sector.

Gaurav Mittal, Managing Director of ITCONS e-Solutions, said the contract demonstrates the company’s capability to deliver workforce solutions for large organizations and reinforces their position in the government sector.

ITCONS, which went public in April 2023, has shown strong market performance with its stock reaching a 52-week high of ₹767 in September 2024. The 18-year-old company specializes in HR services and has been expanding its footprint in both public and private sectors.

The latest contract adds to ITCONS’ growing portfolio of government projects and indicates its continued focus on public sector partnerships for business growth.