EKI Energy Services Faces Significant Decline Amid Broader Market Gains and Weak Fundamentals
EKI Energy Services has faced significant volatility, hitting a 52-week low and experiencing a sharp decline over the past two weeks. The stock has underperformed its sector and is trading below key moving averages. Long-term fundamentals appear weak, with declining promoter confidence and negative financial ratios.
EKI Energy Services has experienced significant volatility, reaching a new 52-week low of Rs. 101.1 today, marking a notable decline of 50.63% over the past 13 days. The stock opened with a loss of 4.98% and has consistently underperformed its sector by 4.8%. Currently, EKI Energy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.In the broader market context, the Sensex opened higher at 74,392.54 but is currently trading at 74,177.88, reflecting a modest gain of 0.2%. Despite this, EKI Energy's performance over the past year has been starkly negative, with a decline of 70.44%, contrasting sharply with the Sensex's gain of 1.94%.
The company's long-term fundamentals appear weak, highlighted by an average Return on Equity (ROE) of 0% and a concerning EBIT to Interest ratio of -8.65. Additionally, promoter confidence seems to be waning, as their stake has decreased by 2.54% in the last quarter. Despite some positive results in recent quarters, the overall outlook for EKI Energy Services remains challenging.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
