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04-05-2022 03:48 PM | Source: Accord Fintech
EKI Energy Services rises as its associate company sets up manufacturing unit of ICS
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EKI Energy Services is currently trading at Rs. 7884.00, up by 18.35 points or 0.23% from its previous closing of Rs. 7865.65 on the BSE.

The scrip opened at Rs. 7870.00 and has touched a high and low of Rs. 7984.95 and Rs. 7800.05 respectively. So far 2400 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 12599.95 on 24-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. 8499.00 and Rs. 7600.00 respectively. The current market cap of the company is Rs. 5447.65 crore.

The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 10.83% and 15.70% respectively.

GHG Reduction Technologies, an associate Company of the EKI Energy Services (EKIESL), has setup a new manufacturing unit of Improved Cook Stove (ICS) at Nashik in the state of Maharashtra, with an existing manufacturing capacity of 1.2 million per year, the same will enhance upto 3 million ICS in a phase manner. The facility has commenced the production from April 4, 2022.

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