Exicom Tele-Systems' stock is trading at its upper circuit of RS 244.10, marking a rise of 11.60 points or 4.99% from its previous close of RS 232.50 on the BSE.
The stock opened at RS 237.05 and recorded a high of RS 244.10 and a low of RS 224.45 during the session. A total of 99,880 shares have been traded so far on the exchange.
This BSE Group 'B' stock, with a face value of RS 10, previously reached a 52-week high of RS 530.40 on July 2, 2024, and a 52-week low of RS 170.25 on March 13, 2024. Over the past week, the stock's high and low stood at RS 255.00 and RS 224.45, respectively. The company currently has a market capitalization of RS 2,949.33 crore.
Shareholding pattern reveals that promoters hold 69.57%, while institutions and non-institutional investors own 6.38% and 24.04%, respectively.
In a significant development, the company has secured an Advance Purchase Order (APO) worth RS 1,412.48 crore, excluding applicable taxes. The order involves the supply and 10-year maintenance of telecom equipment, including power systems and racks, for the BharatNet Phase III project in Uttar Pradesh (East and West) telecom circles. The order was awarded by Rail Vikas Nigam Limited (RVNL).
Exicom Tele-Systems is a leading player in power systems, EV charging solutions, and related technologies.