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26-07-2024 10:14 AM | Source: Accord Fintech
Exicom TeleSystems soras as its arm establishes wholly-owned subsidiary in Netherlands

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Exicom Tele-Systems is currently trading at Rs. 445.00, up by 13.20 points or 3.06% from its previous closing of Rs. 431.80 on the BSE.

The scrip opened at Rs. 439.00 and has touched a high and low of Rs. 452.75 and Rs. 435.00 respectively. So far 6575 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. 452.75 and Rs. 414.00 respectively. The current market cap of the company is Rs. 5217.20 crore.

The promoters holding in the company stood at 69.57%, while Institutions and Non-Institutions held 9.49% and 20.94% respectively.

Exicom TeleSystems’ wholly-owned subsidiary -- Exicom Power Solutions B.V has, on July 25, 2024, established a wholly-owned subsidiary company namely ‘Tritium NexGen Solutions B.V’ in the Netherlands. Consequently, Tritium NexGen Solutions B.V has become a step-down wholly-owned subsidiary of the company. 

Tritium NexGen Solutions B.V. shall inter-alia deal in manufacturing, import, export or otherwise trade in other electrical equipment i.e. electric vehicle, charging stations and charging systems, spare parts, solar systems, batteries as well as to repairs and the maintenance of primary and storage batteries. 

Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.