EV Stock: Share of EV infrastructure development company, Exicom Tele-System, is in focus for a few days as the government shows interest in issuing a tender for 10,000 electric buses under the PM E-Drive scheme next month.
The biggest beneficiaries of this government decision are JBM Auto Limited and Olectra Greentech Limited. Both of these are leading electric bus manufacturers. Along with these two stocks, Exicom Tele-Systems is also in focus as investors are looking at growth in EV infrastructure stocks.
If the tender is passed, then the infrastructure will also need to be developed and then such infrastructure companies will play their role.
The selected approval system, first and foremost, involves the installation of electric vehicle charging infrastructure. And as a leading EV infrastructure company in India, Exicom Tele-Systems stands among big companies like Tata Power, ChargeZone, Statiq, and Servotech.
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Exicom Tele-Systems Share Latest Update
On 15 April 2025, the share of Exicom Tele-Systems opened at ₹164.00 from its previous close of ₹156.64. Throughout the trading day (15 April 2025), the price of the stock faced many ups and downs, with a single-day high of ₹172.30, and it closed at ₹172.30.
On 16 April, Exicom Tele-Systems opened at ₹173.16 from its previous close of ₹172.30. With an all-day high of ₹177.40, the stock closed at ₹174.08.
In a week, Exicom Tele-Systems has given an approx 14% return, while in the last 1 month, it has given a 26.43% return. In 6 months, the price has fallen by 49.70%.
Exicom Tele-Systems, founded in 1994, is an EV Infrastructure manufacturing company that deals in power systems, EV charging solutions, and related technologies.
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