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EV stock in focus after it partners with Charge Zone for high-power EV charging stations across India

Leading EV charging provider has teamed up with ChargeZone to deploy 500+ high-power EV stations in India. This collaboration focuses on sustainable energy, reliability, and optimizing energy use to support electric vehicle adoption.
EV stock gains attention after partnering with Charge Zone for high-power EV charging stations across India.
EV stock gains attention after partnering with Charge Zone for high-power EV charging stations across India.

Introduction:

Leading EV charging solutions provider has partnered with ChargeZone to deploy over 500 high-power EV charging stations across India. The collaboration supports the government’s clean energy push and aims to meet the growing demand for electric vehicle infrastructure.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of Exicom:

On January 27, 2025, Exicom Tele-Systems Ltd opened at ₹244.15, up 0.24% from its previous close of ₹244.10. The stock reached a high of ₹250.40 (2.59%) and a low of ₹231.90. By 4:00 PM, it traded at ₹237.90, a 2.54% decrease, with a market cap of ₹2,874.41 crore.

Exicom Partners with ChargeZone for EV Charging:

Exicom has partnered with ChargeZone to develop and deploy over 500 high-power EV charging stations across India. This collaboration aligns with the government’s push for clean energy and aims to support the growing demand for electric vehicles.

Exicom will provide ultra high-power charging solutions, integrating renewable energy and utilizing its advanced software for remote management. This partnership focuses on reliability, minimizing range anxiety, and boosting sustainable EV infrastructure across key cities and highways.

As part of the collaboration, Exicom will deploy its flagship Harmony Boost solution, which integrates Battery Energy Storage Systems (BESS) to optimize energy use, reduce grid loads, and ensure faster, reliable charging.

Recent news on Exicom:

As of January 08, 2025, Exicom Tele-Systems Ltd. partnered with Mufin Green Infra Ltd. to enhance India’s EV charging infrastructure. The collaboration aims to provide end-to-end solutions, manufacturing EV chargers, and supporting the adoption of electric vehicles across key sectors.

Stock performance of Exicom for Period of 1 week, 1 month and 6 months:

Exicom Tele-Systems Ltd has seen a decline in its stock performance, with a 1.77% drop over the past week, a 4.02% decrease over the past month, and a significant 45.4% decline in the past six months.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Exicom:

All values in %Dec 2024Sep 2024Jun 2024
Promoter69.60%69.60%69.60%
FII1%1%1.00%
DII5.70%6.50%8.50%
Public24.00%23.00%20.90%
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About Exicom:

Exicom Tele-Systems Ltd. (NSE: EXICOM) is a leading manufacturer of EV charging and critical power solutions. It provides AC & DC chargers, supporting sustainable transportation and ensuring telecom infrastructure reliability across India, Southeast Asia, the Middle East, and globally.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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