EKI Energy Services shines as its arm incorporates wholly owned subsidiary in Turkey

EKI Energy Services is currently trading at Rs. 428.85, up by 18.70 points or 4.56% from its previous closing of Rs. 410.15 on the BSE.

EKI Energy Services
EKI Energy Services

The scrip opened at Rs. 420.00 and has touched a high and low of Rs. 429.00 and Rs. 418.40 respectively. So far 81912 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2964.00 on 06-Jul-2022 and a 52 week low of Rs. 355.25 on 30-May-2023.

Last one week high and low of the scrip stood at Rs. 429.00 and Rs. 359.75 respectively. The current market cap of the company is Rs. 1128.46 crore.

The promoters holding in the company stood at 73.42%, while Institutions and Non-Institutions held 9.03% and 17.55% respectively.

EKI Energy Services’ wholly owned subsidiary– EnKing International PTE. LTD, Singapore has incorporated a wholly owned subsidiary Company named as ‘EKI Turkey Cevre Danismanligi Limited Sirketi’ in Turkey on June 01, 2023.  The said wholly owned subsidiary has been incorporated for opening up access to new markets for products and services, expanding brand recognition and the arrangement is a part of global expansion strategy. This new entity formation would further strengthen the company’s organic growth strategy.

EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.

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