25-01-2024 02:43 PM | Source: Accord Fintech
EKI Energy Services rises on inking MoU with Jospong group

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EKI Energy Services is currently trading at Rs. 413.20, up by 3.90 points or 0.95% from its previous closing of Rs. 409.30 on the BSE.

The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 425.00 and Rs. 409.30 respectively. So far 109193 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1250.00 on 01-Feb-2023 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. 448.70 and Rs. 403.45 respectively. The current market cap of the company is Rs. 1131.36 crore.

The promoters holding in the company stood at 73.40%, while Institutions and Non-Institutions held 0.16% and 26.44% respectively.

EKI Energy Services has signed a Memorandum of Understanding (MoU) with African holdings company, Jospong Group Of Companies, a distinguished conglomerate with operations in African and Asian countries. The partnership among the two organisations was initiated on the sidelines of the 28th edition of the Conference of Parties (COP 28) in Dubai and then ratified in Accra.

This strategic collaboration solidifies the commitment of both entities to pioneer efforts in advancing sustainability, net-zero services, climate investments, and carbon neutrality. The MoU also outlines joint initiatives in offsets portfolio management services and capacity building for carbon markets.

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