EKI Energy Services is currently trading at Rs. 330.45, up by 0.45 points or 0.14% from its previous closing of Rs. 330.00 on the BSE.
The scrip opened at Rs. 330.00 and has touched a high and low of Rs. 336.00 and Rs. 327.15 respectively. So far 32427 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. 337.00 and Rs. 325.25 respectively. The current market cap of the company is Rs. 906.21 crore.
The promoters holding in the company stood at 73.42%, while Institutions and Non-Institutions held 0.14% and 26.44% respectively.
EKI Energy Services has received a Letter of Authorization (LoA) from the Ministry of Natural Resources and Climate Change (MNRCC) of Malawi for its Improved Cookstove Distribution project. This authorization paves the way for the issuance of Verified Emission Reductions (VERs) or Article 6.2 carbon credits generated from the project.
Article 6.2 of the Paris Agreement outlines the rules for cooperation between countries in implementing climate mitigation projects. It allows countries to transfer mitigation outcomes (like carbon credits) between themselves, as long as they avoid double-counting and ensure environmental integrity. This mechanism can help countries meet their emissions reduction targets more efficiently and cost-effectively.
The LoA grants EKI permission to issue up to 1.4 million tonnes of carbon dioxide equivalent (tCO2e) in carbon credits over the project's crediting period, which extends from January 12, 2023, to January 11, 2030. The carbon credits represent the project’s contribution to reducing greenhouse gas emissions through the distribution and usages of improved cookstoves by the community in Malawi. EKI has already distributed nearly 25,000 improved cookstoves in Malawi over the past 18 months and target to reach 50,000 households in total, hence directly improving the lives of nearly 250,000 individuals.
EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.
| Company Name | CMP |
|---|---|
| Syngene Internation. | 847.55 |
| Sagility India | 28.27 |
| AGS Transact Tech | 79.58 |
| Just Dial | 1050.60 |
| Krystal Integrated | 638.85 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
