Today, there has been a sharp rise in the shares of Exicom Tele-Systems in the stock market. After this rise, the price of the company’s shares reached the level of Rs 346.60. Let us tell you, the listing of the company took place on March 5 this year.
Today the price of the company’s shares has increased by 10%
Shares of Axicom Tele-Systems opened at Rs 318.25 in BSE. But after some time, the price of the company’s shares was at 52 week high level of Rs 346.60 with a rise of more than 10 percent in BSE. However, at the time of market closing, the company’s share price was down by 0.35 percent at Rs 313.50 on BSE. Let us tell you, the effect of the company’s strong quarterly results is now being seen in the shares also. During the last 3 trading sessions, the share price of this company has increased by 35 percent.
There is a lot of looting of shares of this company of Adani, the price increased by 14%
The company had doubled investors’ money on the very first day
The company had doubled the investors’ money on the day of listing itself. When the IPO of the company came. Then its price band was Rs 142 per share. Whereas the IPO was listed at Rs 264 in BSE and Rs 265 in NSE.
The price of shares of this company will cross Rs 50! Investors happy with new good news
Investors pounced on IPO
Exicom Tele-Systems received 129.54 times subscription on the last day of IPO opening. In the category of retail investors, 119.59 times subscription was received on this day. Let us tell you, the company’s IPO was open for anchor investors on 26 February. Then the company had raised Rs 178 crore from anchor investors.
52 week low level of Exicom Tele is Rs 170.25 and the market cap of the company is Rs 3878.85.
What does the company do?
It is the leading company in the country in providing EV charging systems. This company was established in 1994.
