Exicom Tele-Systems climbs on unveiling battery energy storage charger `Harmony Boost`
Exicom Tele-Systems is currently trading at Rs. 248.50, up by 11.40 points or 4.81% from its previous closing of Rs. 237.10 on the BSE.
The scrip opened at Rs. 238.35 and has touched a high and low of Rs. 248.95 and Rs. 231.80 respectively. So far 92319 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 530.40 on 02-Jul-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. 256.25 and Rs. 231.80 respectively. The current market cap of the company is Rs. 3000.07 crore.
The promoters holding in the company stood at 69.57%, while Institutions and Non-Institutions held 6.38% and 24.04% respectively.
Exicom Tele-Systems has unveiled new, powerful EV solutions developed at the intersection of renewable energy, and scalable, high-power public charging at the Bharat Mobility Global Expo 2025. The company showcased a highly integrated solution Harmony Boost combining solar power, grid input, intelligent Battery Energy Storage System (BESS) and multiple dispenser units (up to 400kW) to deliver a greener and faster EV charging experience for Indian EV users.
There is a growing need for high-power EV charging in the market, however, practical implementation is constrained by grid power limitations and high upstream capex of upgrading grid infrastructure. At the same time, the country is vigorously working towards transitioning to renewable energy. Both these macro trends necessitate reducing the dependence on grid power for EV charging, an aspect that is being effectively addressed by the company’s BESS-integrated charging solutions.
This technology, which is now being adopted globally, is being showcased in India by the company, for the first time. One of the key differentiators of this solution is its ability to intelligently store and manage both solar and grid power, to maximize the use of renewable energy in EV charging. This solution smartly addresses the challenge of intermittent availability of solar power and peak demand management at the grid level to deliver fast charging of up to 400kW per plug ‘every-time’ for EV users, by using smart energy storage and management.
Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.
