Zicom Electronic Security Systems Ltd signed an alliance with Topsgroups Tops Sequipments Ltd to promote, market and sell security systems solutions.
Expectations of muted expenditure on railway infrastructure and the assumption that there would be no further fare hikes may have contributed to the fall, according to analysts.
As part of its initiative to grow inorganically, security systems provider Zicom Electronic Security Systems is planning both overseas and domestic acquisitions. Zicom is in discussions to acquire a company in Singapore.
Growing awareness on the security products, rising crime graph and people's want to have better security systems at home, are driving demand, Zicom CEO Santonu Choudhury said.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
Stocks might hit new highs even before B-Day.