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Staffing companies in India, play a crucial role in meeting the dynamic talent needs of various industries. These companies specialize in recruiting, placing, and managing a skilled workforce across sectors like IT, healthcare, manufacturing, and finance. With India’s rapidly growing economy and the increasing demand for specialized skills, staffing firms are witnessing significant growth potential. 

As businesses continue to adapt to changing market demands, the need for flexible, skilled labor solutions is rising, providing ample opportunities for staffing companies. Companies like ITCONSE Solutions, along with other prominent players such as TeamLease and Quess Corp, are well-positioned to capitalize on this demand. Their ability to offer customized staffing solutions gives them a competitive edge in India’s expanding job market.

Recent Updates

The company has secured a new work order from the Food Corporation of India (FCI), under the Department of Food and Public Distribution, Ministry of Consumer Affairs. The contract involves providing 44 employees on a contractual basis for two years. 

The total value of the contract is INR 2,47,93,000/- (Rupees Two Crore Forty-Seven Lakh Ninety-Three Thousand Only), inclusive of all taxes. This order reflects the company’s ability to meet the staffing needs of large-scale government organizations and further strengthens its presence in the public sector. 

The contract also demonstrates the company’s capacity to deliver skilled manpower solutions across various industries, contributing to its growth and operational success.

Share Price

The shares of ITCONS-E Solutions Limited are currently trading at Rs. 629 up by 3.47% from its previous close of Rs. 607.9.

About the Company

ITCONS E-Solutions Limited, originally incorporated as ITCONS E-Solutions Private Limited in 2007, became a public limited company in November 2022. The company provides comprehensive human resource services to both public and private organizations, specializing in manpower supply, recruitment, and staffing services. With over 800 staff members, ITCONS serves multiple industry sectors, including IT, BFSI, telecom, e-commerce, and FMCG. 

The company offers flexible staffing solutions, including re-badging strategies for cost-effective IT staffing, and Recruitment Process Outsourcing (RPO) to manage client hiring processes. ITCONS also provides payroll management services, automated software for employee performance tracking, and managed IT services such as security and data backups. Additionally, it offers permanent hiring services with thorough background checks, ensuring job fit and quality.

Written By: Dipangshu Kundu

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