Penny stock jumps 12.5% after company enters into an agreement with Wipro
Bengaluru, Feb. 16 -- Shares of this microcap company surged 12 percent in Friday's trading session after entering into a service agreement with Wipro. In six months the shares have delivered around 11 percent returns to its shareholders.
With a market capitalisation of Rs. 22.6 crores, the shares of ITCONS E-Solutions Ltd started Friday's trading session positively at Rs. 41.99 compared to its previous close of Rs. 40.45. During the trading session, the shares hit a high of Rs. 47.79, gaining around 12 percent and are currently trading at Rs. 45 apiece.
Such a bullish movement in the share price was observed after the company in an exchange filing announced that it had entered into a service agreement with Wipro Limited for providing O...
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