{"id":139963,"date":"2024-12-02T14:31:29","date_gmt":"2024-12-02T09:01:29","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=139963"},"modified":"2024-12-02T17:25:03","modified_gmt":"2024-12-02T11:55:03","slug":"microcap-stock-jumps-3-after-winning-order-worth-2-4cr-from-ministry-of-consumer-affairs","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-3-after-winning-order-worth-2-4cr-from-ministry-of-consumer-affairs\/","title":{"rendered":"Microcap stock jumps 3% after winning order worth \u20b92.4Cr from Ministry of Consumer Affairs"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1327494347\"><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>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&#8217;s rapidly growing economy and the increasing demand for specialized skills, staffing firms are witnessing significant growth potential.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-415038536\"><!-- 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><p>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\u2019s expanding job market.<\/p><p><strong>Recent Updates<\/strong><\/p><p>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.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2279461823\"><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>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&#8217;s ability to meet the staffing needs of large-scale government organizations and further strengthens its presence in the public sector.&nbsp;<\/p><p>The contract also demonstrates the company&#8217;s capacity to deliver skilled manpower solutions across various industries, contributing to its growth and operational success.<\/p><p><strong>Share Price<\/strong><\/p><p>The shares of<strong> ITCONS-E Solutions Limited<\/strong> are currently trading at Rs. 629 up by 3.47% from its previous close of Rs. 607.9.<\/p><p><strong>About the Company<\/strong><\/p><p>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.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2164624547\"><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><p>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.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By: Dipangshu Kundu<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><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&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;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-after-content\" id=\"trade-1522713875\"><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>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&#8217;s rapidly growing economy and the increasing demand for specialized skills, staffing firms are witnessing significant growth potential.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104923,"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-139963","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) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Microcap stock jumps 3% after winning order worth \u20b92.4Cr from Ministry of Consumer Affairs - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Staffing companies in India, play a crucial role in meeting the dynamic talent needs of various industries. 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