Exicom Tele-Systems continues to trade with jubilation after stellar debut
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Exicom Tele-Systems is currently trading at Rs. 244.40, up by 18.75 points or 8.31% from its previous closing of Rs. 225.65 on the BSE.
The scrip opened at Rs. 230.35 and has touched a high and low of Rs. 247.70 and Rs. 229.15 respectively. So far 1096420 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 274.45 on 05-Mar-2024 and a 52 week low of Rs. 219.05 on 05-Mar-2024.
Last one week high and low of the scrip stood at Rs. 274.45 and Rs. 219.05 respectively. The current market cap of the company is Rs. 2945.10 crore.
The promoters holding in the company stood at 98.50%, while Non-Institutions held 1.50% stake in the company.
Exicom Tele-Systems was debuted at Rs 264.00 on the BSE, up by 122.00 points or 85.92% from its issue price of Rs 142.00.
The offering, which was open for subscription between February 27, 2024 and February 29, 2024 was subscribed 129.54 times. The issue price was fixed at Rs 142 per share i.e. at upper end of price band of Rs 135-142 apiece.
Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.
