Eki energy share price

EKI Energy Services Ltd. is a Public Limited Listed company incorporated on 03/05/2011 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L74200MP2011PLC025904 and registration number is 025904. Currently company belongs to the Industry of Services - Others. Company’s Total Operating Revenue is Rs. 1800.12 Cr. and Equity Capital is Rs. 6.87 Cr. for the Year ended 31/03/2022.

Indian benchmark indices were trading higher in afternoon trade on Wednesday. The Sensex was up 0.32% at 62,995, and the Nifty was up 0.43% at 18,679. Britannia, BPCL, Nestle India, Tata Consumer Products and Tata Motors were the top Nifty 50 gainers, while M&M, Kotak Bank, Bajaj Finance, ICICI Bank and Cipla were the laggards Benchmark indices trading higher Shares of EKI Energy Services Ltd gained over 12% to Rs 488 on NSE today on the back of higher volume. The stock has been in an uptrend since the company recently made an announcement to the stock exchanges regarding the establishment of a wholly-owned subsidiary named EKI Community Development Foundation EKI Energy share price today

EKI Energy Services Ltd.: Share Price, Stock Analysis, Annual Report | Value Research EKI Energy Services Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/279544/eki-energy-services-ltd/ Get EKI Energy Services Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house.

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Shares of EKI Energy Services lost more than half of their value on Thursday in seven consecutive sessions. The stock started falling sharply after its new auditor raised concerns over the company's financial statements. Walker Chandiok & Co allegedly cited non-compliance with accounting standards and revenue recognition norms. EKI Energy, however, refuted the allegations. "The management of the company asserts that the revenue is recognised based on the principles of substance over form, transfer of underlying asset, satisfaction of performance obligation and standalone transaction price," it said in an exchange filing. The company is in the process of counselling senior advocates and professionals in this regard along with the customers to amend the contractual clauses so as to ensure the essence of the contract is brought in properly within the contract to the satisfaction of the statutory auditors, it added. The scrip today crashed 10 per cent to hit a day low -- also its 52-week low and lower price band -- of Rs 568.80 over a previous close of Rs 632. In terms of stock value, EKI Energy has lost 51.15 per cent in seven days. It has declined 80.81 per cent from its one-year high of Rs 2,964, hit on July 6, 2022. On the earnings front, EKI Energy posted a consolidated net profit of Rs 45.20 crore for the quarter that ended December 31, 2022 (Q3 FY23). Though, the exchange filing didn't provide the consolidated net profit figure for the corresponding quarter of the previ...

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