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EKI Energy Services is currently trading at Rs. 339.80, up by 15.25 points or 4.70% from its previous closing of Rs. 324.55 on the BSE.

The scrip opened at Rs. 324.75 and has touched a high and low of Rs. 355.00 and Rs. 320.00 respectively. So far 177627 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 717.85 on 21-Sep-2023 and a 52 week low of Rs. 268.10 on 01-Apr-2024.

Last one week high and low of the scrip stood at Rs. 355.00 and Rs. 320.55 respectively. The current market cap of the company is Rs. 929.62 crore.

The promoters holding in the company stood at 73.43%, while Institutions and Non-Institutions held 0.14% and 26.43% respectively.

EKI Energy Services has collaborated with FARI Solutions, an industry leader in blockchain research and development firm operating across North America, Europe, and Eurasia, including Azerbaijan. This Memorandum of Understanding (MoU) marks a significant milestone in EKI's commitment to spearheading carbon credit initiatives and bolstering sustainable development efforts in the region.

According to the agreement, EKI will serve as the strategic associate of FARI Solutions, assuming responsibility for overseeing the entire spectrum of processes related to conceptualizing, documenting, verifying, issuing, and trading carbon credits. This strategic partnership aims to promote the competitiveness of both parties while fostering the development and expansion of business relationships in Azerbaijan.

The memorandum delineates the areas, institutional arrangements, and general conditions governing the cooperation between EKI Energy Services and FARI Solutions. It serves as a comprehensive framework that embodies the mutual commitment towards achieving shared objectives in sustainable energy and environmental stewardship.

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