This stock exploded in 2021, went up 5,000%, do you have it?

Multibagger Stock: Shares of EKI Energy have set new records in terms of growth. This stock has been listed in the stock market only in 2021. Although this company was established in 2011. This company is one of the leading companies in the carbon credit industry in India. The shares of this company were listed at Rs 147 in April, 2021. Today the price of this share is Rs 7779.25. During this time, this stock has gone up about 5,000 percent.

This stock has hit the upper circuit almost 5 per cent daily. This is the reason why this stock has seen such a boom. The one-year low of the stock was Rs 140. The market cap of this stock at the time of listing was Rs 18 crore. Now it has increased to Rs 5093 crore. Its PE ratio is 272. Whereas the return on investment is 120 percent. This stock has also given dividend.

The company’s earnings have increased to Rs 6.4 billion in the first half of the current financial year. Whereas a year ago this business was only 1.9 billion rupees during the whole year. As of March 2021, this company is completely debt free company. Promoters hold 73.5 per cent in the company. The business of EKI Energy can touch the level of Rs 15 billion in the current financial year. The company is expecting that the business can grow at the rate of 50 percent in the financial year 2022-23.

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