Added Exicom tele-systems.
It’s mainly lithium batteries for telecom, faster growth is EV charging. Lithium battery price is falling, can be possibly used for grid scale energy storage.
Exicom are related to HFCL, maybe part of 2g scam, they teamed up later with videocon, and also did some dubious transactions in share market leading to a ban by SEBI for some time.
They were likely not charged for 2g scam, they did help Reliance get into 4g.
I found the idea from write up by @akash_das, though I am being contrarian here.
So it’s like HBL power, except they mainly do lithium batteries while HBL just started working on new project to make them, EV charging looks ok which can grow faster.
Reduced mainly KPI green since it’s likely peaked for a while, also from Ugro and the other financials Satin and Arman etc.
DISCLAIMER : this is not investment advice, I am not a sebi registered investment advisor, please do your due diligence before investing.