EKI Energy stock has fallen more than 70% in the last 1 year and still trading near its 52-week low. While almost every stock has given a massive return in the years 2023 and 2024 the stock-given returns in negative. Let’s find out the reasons behind the major fall in EKI Energy’s share price target 2024, 2025, and 2026.
In the stock most probably there are a lot of retail investors trapped. A lot of newbie retail investors who do not have enough knowledge of investing, invest money in the penny stocks in the expedition of good returns. That’s why not everyone can not make money from the stock market due to the wrong stock selections.
You should only buy those stocks at discounted prices in which no major issues and the stock should be fundamentally strong, and stable. While investing in stocks the fundamental analysis and the technical analysis should be analyzed properly for good returns.
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About EKI Energy
EKI Energy was founded in 2011 in India. Currently, EKI Energy company’s managing director is Mr. Manish Dabkara. Currently, the market cap of the company is Rs. 1,100 Cr as of 21 Feb 2024.
EKI Energy is involved in multiple businesses like climate change services, green certification & resources efficiency services, carbon-related projects, and many more which can be seen on their official website.
They have 14+ years of experience, completed 1000+ projects, 3500+ clients across the world, and many more achievements.
Company Fundamentals
The financial information of the company is also known as fundamentals. In the fundamentals of any company, many things define the company’s growth and the strength of the company in a particular sector. With the help of the company’s fundamentals, one can easily identify which company is leading company in a particular sector.
For investing purposes, fundamentals are very important and play a very important role in identifying good companies. Below is the fundamental data of EKI Energy company you can use to know about the strength of the company.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 21 Feb 2024.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | NA |
| March 2020 | NA |
| March 2021 | NA |
| March 2022 | ₹383 |
| March 2023 | ₹120 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹45.20 |
| Mar 2023 | -₹47.76 |
| Jun 2023 | -₹33.28 |
| Sep 2023 | -₹43.47 |
| Dec 2023 | -₹23.33 |
Company Fundamentals
| Market Cap | ₹1,100Cr | ROE | -21.69% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -54.97 |
| P/B Ratio | 2.46 | Div Yield | 0.00% |
| Industry P/E | 39.94 | Book Value | 162.36 |
| Debt to Equity | 0.04 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 0.23% | 0.14% | 0.14% |
| DIIs | 0.00% | 0.02% | 0.02% |
| Public | 26.35% | 26.43% | 26.44% |
| Promoters | 73.41% | 73.41% | 73.40% |
| Other Holders | 0.00% | 0.00% | 0.00% |
Key Points
- On the EKI Energy company, there is a Debt of Rs. 64.91 Crore.
- EKI Energy has a cash of Rs. 109.33 Crore.
- The net profit of the compnay is not consistent, in the last 2 years its net profit has fallen very badly.
- In the balance sheet of the compnay, there is not enough data.
Quarterly Results
From the last 4 quarters, the compnay is making loss. You can check EKI Energy’s quarterly profit and loss in the above table.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock is available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
EKI Energy Share Price Target
In the last 2 years, a major crash or fall in the EKI Energy stock has been seen. The crash was very fast and still the stock is trading very low approximately 85% to 90% from its all-time high. As of Feb 2024, the stock is consolidating near its 52-week low. The EKI share price target will be very volatile in the future.
EKI Energy is a penny stock and it is also fundamentally fragile. If the price of any share is high then it does not mean it is a good stock. These types of up-and-down moves in fundamentally weak stocks are very common. So, do not invest in fundamentally weak stocks or invest with proper research and experience.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
In a few words, it is highly recommended to you that you not invest in the stock. If you want to invest in the power sector then you should invest in other fundamentally strong stocks.
As of now, there are no targets in the EKI Energy stock for 2024, 2025, and 2026.
FAQs
Since last year, the EKI Energy price has been falling and is down by approximately 85% from its all-time high. The fundaments of the data are also positive you can check what we shared above. In short, it is a penny stock safe investors should be away from it.
No, but there is some minor DEBT of Rs. 0.85 Cr. It is a very small amount that can be ignored.
There are many businesses in which EKI Energy is involved but EKE Energy is an expert and leading company in the Carbon business. You can check all the businesses on their official website.
Final Words: EKI Energy is down by 80% from an all-time high. Fundanlty the stock is very good but it is a penny stock. So, retail investors should away if they don’t have good experience and knowledge of the stock market. According to the current price action, there are no EKI share price targets.