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EKI ENERGY SERVICES Gains 8%; BSE IT Index Up 0.1%
Wed, 24 Jul 9:48

EKI ENERGY SERVICES Gains 8%; BSE IT Index Up 0.1%Image source: phive2015/www.istockphoto.com

EKI ENERGY SERVICES share price has zoomed 8% and is presently trading at Rs 381.2.

Meanwhile, the BSE IT index is at 40,980.4 (up 0.1%).

Among the top gainers in the BSE IT index today are Sonata Software (up 3.3%) and ZENSAR TECHNOLOGIES (up 2.6%).

Mphasis (down 1.2%) and HCl Tech. (down 1.0%) are among the top losers today.

Over the last one year, EKI ENERGY SERVICES has moved down from Rs 436.3 to Rs 381.2, registering a loss of Rs 55.1 (down 12.6%).

On the other hand, the BSE IT index has moved up from 30,124.1 to 40,980.4, registering a gain of 36.0% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 191.3%), PERSISTENT SYSTEMS (up 101.3%) and INFIBEAM AVENUES (up 93.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,217.5 (down 0.3%).

The top losers among the BSE Sensex today are Hindustan Unilever (down 3.0%) and Bajaj Finance (down 2.3%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,409.1 (down 0.3%). Hindustan Unilever and Tata Consumer Products are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,217.5, registering a gain of 13,832.7 points (up 20.8%).

EKI ENERGY SERVICES Financial Update...

EKI ENERGY SERVICES net profit grew 100.1% YoY to Rs 0 million for the quarter ended June 2024, compared to a loss of Rs 333 million a year ago. Net sales rose 182.7% to Rs 1,782 million during the period as against Rs 630 million in April-June 2023.

For the year ended March 2023, EKI ENERGY SERVICES reported 68.8% decrease in net profit to Rs 1,196 million compared to net profit of Rs 3,831 million during FY22. Revenue of the company fell 28.5% to Rs 12,864 million during FY23.

The current Price to earnings ratio of EKI ENERGY SERVICES, based on rolling 12 month earnings, stands at -10.9.


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