Shark investor Mukul Agarwal's multibagger stock receives a revised circuit limit of 20 per cent; with robust ROE of 171 per cent
The stock has given multibagger returns of more than 250 per cent in just 2 years.
On Wednesday, the shares of EKI Energy Services Limited traded in green at Rs 509.08 per share on BSE with an upper circuit of Rs 430.65 per share on BSE. The scrip witnessed a massive spurt in volume by more than 6.92 times.
BSE increases circuit limit for EKI Energy Services Limited. The company will have a new circuit limit at 20 per cent, from 5 per cent earlier.
EKI was founded in 2008 with the goal of rehabilitating the globe to a future of net-zero carbon emissions. The company provides sustainable climate change solutions and carbon offsets in accordance with worldwide standards such as CDM, VCS, Gold Standard, GCC, IREC, TIGR and others. EKI Energy Ltd, founded in 2011, provides carbon credit trading, carbon advice services, climate change and sustainability solutions.
EKI offerings span across Carbon Credit/Asset Management, Carbon Credit Generation, Carbon Credit Supply, Carbon Credit Offsetting, Carbon Footprint Management, Sustainability Audits, as well as Carbon Neutrality and Climate Positive initiatives. The company is commitment to become net-zero by year 2030 in addition to defining a target to mobilise up to 1 billion credits within the next 5 years (by 2027).
Over the last five years, the company has generated a good profit growth of 358 per cent CAGR. The company has a strong track record of return on equity (ROE) i.e, 3 years ROE of 171 per cent. On performance front, the company has reported positive numbers in their financial results.
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The stock has given multibagger returns of more than 250 per cent in just 2 years. Investors should keep a close eye on this trending Small-Cap stock.