Exicom Tele-Systems drops 5% after Rare Enterprise sells 1.5 mn shares

Exicom Telecoms in focus: Shares of Exicom Tele-Systems (Exicom) fell as much as 4.98 per cent to hit an intraday low of Rs 362 per share on Wednesday, September 4, 2024.

The fall in the Exicom Telecoms share price came after Late Rakesh Jhunjhunwla-backed entity Rare Enterprises offloaded 15,85,000 shares of Exicom Telecoms at Rs 348.60 per share.