EKI Energy Services gains on listing first plastic project from India with Verra
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EKI Energy Services is currently trading at Rs. 1690.00, up by 8.75 points or 0.52% from its previous closing of Rs. 1681.25 on the BSE.
The scrip opened at Rs. 1675.25 and has touched a high and low of Rs. 1725.00 and Rs. 1665.00 respectively. So far 22318 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3149.99 on 24-Jan-2022 and a 52 week low of Rs. 558.00 on 14-Sep-2021.
Last one week high and low of the scrip stood at Rs. 1800.00 and Rs. 1651.00 respectively. The current market cap of the company is Rs. 4695.49 crore.
The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 11.02% and 15.51% respectively.
EKI Energy Services has become the first ever climate firm to lists a Plastic Project from India with Verra - a global accreditation standard located in Washington, USA. This will be the first project to generate International Plastic Credits for collecting and recycling plastic wastes in the country. This milestone will inspire the plastic industry to increasingly recycle plastic and reduce land-fills.
With this, the Indore based carbon credit expert that has been working in the realm of climate action and offset solutions since the last 14 years across 16 countries, has become the first ever to list a Plastic Project from the country with an aim to generate India’s first ever International Plastic Credits. The project ensures that plastic waste – predominantly Polyethylene Terephthalate (PET) waste, PET flakes and chips is duly sourced and recycled to produce Recycled Polyester Staple Fibre (RPSF) that can be further used in the textile industry for garments and other fabric based utility products.
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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