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EXICOM Exicom Tele-Systems News Story

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IndustrialsHighly SpeculativeSmall CapMomentum Trap

India's Exicom Tele-Systems hits record high on partnering with Hubject

** Shares of power management solutions provider Exicom
Tele-Systems  EXIC.NS  rise as much as 9.7% to 361.70 rupees,
hitting a record high; last up 4%
    ** Hubject, an e-mobility services provider, enters into a
partnership with EXIC to improve the charging experience of
electric vehicles (EV) drivers in India 
    ** EXIC on track for third straight session of gains
    ** Busiest session for the stock since late May; about 5.9
mln shares change hands, more than two times the 30-day avg 
    ** Stock up ~52% since listing in early March


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))

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