EKI Energy Services surges on launching first ever Rs 1,000 crore climate impact fund
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EKI Energy Services is currently trading at Rs. 1725.00, up by 45.10 points or 2.68% from its previous closing of Rs. 1679.90 on the BSE.
The scrip opened at Rs. 1711.00 and has touched a high and low of Rs. 1775.00 and Rs. 1661.05 respectively. So far 54613 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. 625.00 on 25-Oct-2021.
Last one week high and low of the scrip stood at Rs. 2000.00 and Rs. 1666.00 respectively. The current market cap of the company is Rs. 4797.36 crore.
The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 11.02% and 15.5% respectively.
EKI Energy Services has launched India's first ever Rs 1,000 crore climate impact fund in partnership with Impact Capital Asset Management, Singapore. The company will invest up to Rs 200 crore as part of an Rs 1,000 crore ($ 125 million) climate impact fund.
The Fund will specifically focus on high impact community development projects such as clean cooking through large-scale deployment of energy efficient improved cook stoves, access to clean drinking water through water filtration systems and energy-saving lighting solutions like LED Bulbs and waste management amongst others, to meet its objectives of improving lives while also greening the planet. This initiative will enhance EKI's global reach and strengthen its network of global clientele.
EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.
