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EKI ENERGY SERVICES Gains 11%; BSE IT Index Up 0.5%
Mon, 25 Nov 9:35

EKI ENERGY SERVICES Gains 11%; BSE IT Index Up 0.5%Image source: phive2015/www.istockphoto.com

EKI ENERGY SERVICES share price has zoomed 11% and is presently trading at Rs 279.9.

Meanwhile, the BSE IT index is at 43,048.4 (up 0.5%).

Among the top gainers in the BSE IT index today are Firstsource Solutions (up 3.9%) and TANLA SOLUTIONS (up 2.5%).

INDIAMART INTERMESH (down 0.7%) and Infosys (down 0.6%) are among the top losers today.

Over the last one year, EKI ENERGY SERVICES has moved down from Rs 414.0 to Rs 279.9, registering a loss of Rs 134.1 (down 32.4%).

On the other hand, the BSE IT index has moved up from 32,976.6 to 43,048.4, registering a gain of 30.5% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 181.2%), Firstsource Solutions (up 116.6%) and PERSISTENT SYSTEMS (up 81.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,415.9 (up 1.6%).

The top gainers among the BSE Sensex today are L&T (up 3.6%) and MUNDRA PORT & SEZ (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,311.8 (up 1.7%). Bharat Electronics and Shriram Transport are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,415.9, registering a gain of 14,485.1 points (up 22.0%).

EKI ENERGY SERVICES Financial Update...

EKI ENERGY SERVICES net profit grew 109.8% YoY to Rs 42 million for the quarter ended September 2024, compared to a loss of Rs 435 million a year ago. Net sales rose 81.3% to Rs 1,431 million during the period as against Rs 790 million in July-September 2023.

For the year ended March 2024, EKI ENERGY SERVICES reported 208.0% decrease in net profit to Rs -1,292 million compared to net profit of Rs 1,196 million during FY23. Revenue of the company fell 79.5% to Rs 2,634 million during FY24.

The current Price to earnings ratio of EKI ENERGY SERVICES, based on rolling 12 month earnings, stands at -16.0.


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