Bengaluru, July 2 -- During Wednesday's trading session, shares of one of India's leading providers of EV charging and critical power solutions moved up by nearly 2 percent on BSE, after the company received the Rights Issue Committee approval for a rights issue of a 3:20 ratio.

With a market cap of Rs. 2,431 crores, the shares of Exicom Tele-Systems Limited hit an intraday high at Rs. 204.65 on BSE, up by nearly 2 percent, as against its previous closing price of Rs. 201.05. The stock has delivered negative returns of around 61 percent in one year, but has gained by nearly 10 percent in the last one month.

What's the News According to the latest regulatory filings with the stock exchanges, the Rights Issue Committee of Exicom Tele-Syst...