BSEITCONS E-Solutions LtdMediumPositive
Announced Thu, 16 Apr · 12:09 IST

We are pleased to inform that our company ahs bagged new contract from Indian Army, Department of Military Affairs, Ministry of Defence of Rs. 8538027.08. For more details, please refer attached file

Govt Defence OrderBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹373.40
prior close
₹369.80
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AI summary

ITCONS E-Solutions Ltd has secured a Rs. 85.38 lakh contract from the Indian Army, Department of Military Affairs, Ministry of Defence. The contract involves providing 31 manpower resources for a one-year period starting April 29, 2026 until April 3, 2027. The contract value of INR 85,38,027.08 is inclusive of all taxes and duties. This is a domestic government contract for manpower outsourcing services. The company noted this as a significant milestone reflecting continued trust from government agencies.

Likely market impact

This contract demonstrates ITCONS's ability to secure business from prestigious government clients like the Indian Army, which could boost investor confidence. However, the contract size of Rs. 85.38 lakhs appears modest relative to typical IT services company revenues.