EKI Energy Services touches roof on incorporating associate company

EKI Energy Services is currently trading at its upper circuit limit of Rs. 10372.75, up by 493.90 points or 5.00% from its previous closing of Rs. 9878.85 on the BSE.

The scrip opened at Rs. 10372.75 and has touched a high and low of Rs. 10372.75 and Rs. 10000.05 respectively. So far 15850 shares were traded on the counter.

The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 10946.00 on 04-Jan-2022 and a 52 week low of Rs. 140.00 on 07-Apr-2021.

Last one week high and low of the scrip stood at Rs. 10946.00 and Rs. 8938.05 respectively. The current market cap of the company is Rs. 7130.23 crore.

The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 11.63% and 14.91% respectively.

EKI Energy Services has incorporated associate company namely ‘GHG Reduction Technologies’ (GRTPL). It is contemplated that GRTPL shall carry the business of manufacturing, sale, purchase etc. of all type of improved cook stoves and providing all services and utilities for the same and/or to carry out other related activities. The incorporated company is yet to commence business.

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