Exicom Tele-Systems is currently trading at Rs. 348.00, up by 18.65 points or 5.66% from its previous closing of Rs. 329.35 on the BSE.
The scrip opened at Rs. 336.15 and has touched a high and low of Rs. 361.60 and Rs. 324.25 respectively. So far 298697 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 361.60 on 19-June-2024 and a 52 week low of Rs. 170.25 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 361.60 and Rs. 312.85 respectively. The current market cap of the company is Rs. 4177.51 crore.
The promoters holding in the company stood at 69.57%, while Institutions and Non-Institutions held 11.72% and 18.71% respectively.
Exicom Tele-Systems and Hubject have entered into strategic partnership. The overall aim of the partnership is to use Hubject’s innovative interoperability technology to improve the charging experience for EV drivers in India. This includes Hubject’s intercharge platform, which will make it easier for EV drivers to find and charge points and then simply charge when needed.
Specifically, Exicom Tele-Systems and Hubject will collaborate on Hubject’s Plug & Charge platform, creating a regional Indian hub to enable the industry-leading global technology, to support local charge point operators (CPOs) based on ISO15118 standards, to enable fully automated charging capabilities and to produce the first Plug & Charge standard in India, making India one of the leaders in this standard in the region.
This means EV drivers in India will be able to plug in to compatible charge points and charge up instantly using automatic EV-to-charging station authentication technology without the need of an app or RFID card.
Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.
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