ITCONS E-Solutions jumps on planning to enter into strategic partnership with Uni B Solutions
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ITCONS E-Solutions is currently trading at Rs. 594.00, up by 13.10 points or 2.26% from its previous closing of Rs. 580.90 on the BSE.
The scrip opened at Rs. 604.50 and has touched a high and low of Rs. 604.50 and Rs. 551.90 respectively. So far 9400 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 767.00 on 25-Sep-2024 and a 52 week low of Rs. 39.65 on 27-Dec-2023.
Last one week high and low of the scrip stood at Rs. 619.50 and Rs. 544.45 respectively. The current market cap of the company is Rs. 292.67 crore.
The promoters holding in the company stood at 59.36%, while Institutions and Non-Institutions held 0.08% and 40.56% respectively.
ITCONS E-Solutions is planning to enter into strategic partnership and collaboration with Uni B Solutions, a USA based company. This partnership will focus on providing comprehensive and innovative solutions related to designing, implementation, operation and maintenance services to National Highway Authority of India (NHAI) for deployment of a gate-less toll processing solution by utilizing a global navigation satellite system (GNSS) for vehicles traversing toll highways in India.
The above collaboration is subject to final definitive agreement to be executed between the parties and the concrete terms and conditions, roles and responsibilities for each party along with business volume shall be communicated in due course as and when finalized.
ITCONS E-Solutions is a New Delhi-situated company engaged in the business of providing human resource services.
