Down 70% From Its Peak: Can This EV Charging Stock's 1,400 Cr Order Book Drive a Comeback?
India, Aug. 23 -- Stocks that are hyped at IPO tend to experience sharp fluctuations after the hype wears off. A lot of this overreaction tends to correct itself after a few months. There are occasions, however, when a firm continues to grow its underlying business without attracting much attention. The contrast here merits a careful look, since it eventually tends to resolve itself.
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Shares of Exicom Tele-Systems trade at around 161, with a market capitalization of roughly 2,236 crore. The stock's 52-week range is 75.6 to 183, and it now sits nearly 70% below its all-time high of 510, hit in July 2024.
A Business Riding Two Growth Curves
Exicom functions through two primary segments: Critical Power, which offers power systems ...
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