India's EKI Energy Services hits upper circuit on tender win

Eki Energy Services

15/03/2023 07:17

** Shares EKI Energy Services Ltd  EKIE.BO  rise as much as
5% to hit upper circuit of 621.85 rupees
    ** The carbon credit developer and supplier on Wednesday
said it won a tender from Kochi Metro Rail Ltd
    ** Tender for consultancy service for carbon credits project
of Kochi Metro Rail Project
    ** Stock set to snap four sessions of losses
    ** Stock has been below its 50-day, 100-day, and 200-day
simple moving avgs since Nov. 15, 2022, indicating bearish
sentiment
    ** Around 30,000 shares change hands by 12:35 a.m. IST vs
30-day avg of 109,472 shares
    ** Stock down 54.1% YTD up to last close, it fell 48% in
2022


 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))