{"id":132658,"date":"2024-09-04T12:24:35","date_gmt":"2024-09-04T06:54:35","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=132658"},"modified":"2024-09-04T14:43:58","modified_gmt":"2024-09-04T09:13:58","slug":"stock-hits-5-upper-circuit-after-receiving-orders-from-wipro-min-of-railways-and-other","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-receiving-orders-from-wipro-min-of-railways-and-other\/","title":{"rendered":"Stock hits 5% upper circuit after receiving orders from Wipro, Min of Railways, and other"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1373193426\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger stock engaged in the business of providing human resource services to public and private organizations for diverse roles and responsibilities hit a 5 percent upper circuit in the day\u2019s trade upon receiving work orders from the Ministry of Railway and Communications.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4086852556\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 250 Crores, the shares of <strong>Itcons E-Solutions Limited<\/strong> hit a 5 percent upper circuit in the day\u2019s trade at Rs. 497.70, from its previous day\u2019s close price of Rs. 474. It has delivered multibagger returns of 993 percent in a year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Itcons E-Solutions Limited has received a new work order from the Office of the Chief Administrative Officer SER, South Eastern Railway, Ministry of Railways for a consideration of Rs. 87.55 Lakhs for 21 skilled Computer Operator employees on a contractual basis for a period of 1 year.&nbsp;<\/p><p>In Addition, it has received another work order from the National Institute of Communication Finance, Department of Telecommunications (DOT), Ministry of Communications for providing IT Technical Engineers for a period of 3 years for a consideration of Rs. 13.15 Lakhs.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-273842111\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>It received an additional work order worth Rs. 23.76 Lakhs from Wipro Limited to provide onsite support services for managing the network, IT helpdesk, and desktop services at different locations of ICICI Bank.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Itcons E-Solutions Limited is engaged in the business of providing human resource services to public and private organizations for diverse roles and responsibilities. It is engaged in developing its service offering to support its clients in their end-to-end human resource (HR) needs through its range of services.&nbsp;<\/p><p>Its services offering includes manpower supply\/recruitment services, information technology staffing, general staffing, re-badging, recruitment process outsourcing, pass-through services, payroll services, managed it services, and product installation and servicing solutions.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its Revenue from operations grew by 1.06 percent from Rs. 28.20 Crores in FY23 to Rs. 28.50 Crores in FY24, accompanied by profits of Rs.1.73 Crores to Rs. 1.91 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 15.7 percent, and a return on capital employed (ROCE) of 23.8 percent. It has reported a debt-to-equity ratio of 0.13.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-2933617568\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3624288019\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger stock engaged in the business of providing human resource services to public and private organizations for diverse roles and responsibilities hit a 5 percent upper circuit in the day\u2019s trade upon receiving work orders from the Ministry of Railway and Communications.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 250 Crores, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-132658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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