Exicom’s stock jumped 5% after the company signed a Memorandum of Understanding (MoU) with Mufin Green Infra Limited, a leader in turnkey EV charging solutions. This partnership aims to accelerate EV adoption in India by creating end-to-end EV charging infrastructure.
Exicom shares opened at ₹248.80, surpassing the previous close of ₹238.19. Trading within a range of ₹248.00 to ₹250.09 today, the stock showcases steady momentum.
Under the agreement, Exicom will provide advanced EV charging hardware integrated with proprietary software for enhanced efficiency. Mufin Green Infra will oversee the installation and maintenance of charging stations and fleet hubs, targeting customers like Charge Point Operators, bus operators, and state utilities.
The collaboration offers bundled solutions, including hardware, software, and operational services, ensuring accessibility, safety, and sustainability. With joint marketing efforts and scalability, this partnership positions Exicom and Mufin Green Infra to lead the EV infrastructure expansion in India.
