Ace Investor: This favourite pick of investor Mukul Agrawal is gaining momentum, up more than 12% on June 27

EKI Energy is trading higher today, before its bonus issue offering.

Mukul Agrawal is known for his aggressive investment strategy, taking high risk in penny stocks which have the potential to deliver multibagger returns. He is also famously known for keeping two separate portfolios- one for investing and one for trading.

As of June 27, the net worth of Mukul Agrawal is Rs 2284 crore. He publicly holds 51 stocks in his investment portfolio. Intellect Design Arena Ltd, PDS Ltd, Radico Khaitan, GATI Ltd, and EKI Energy Services Ltd are the top five holdings of Mukul Agrawal.

All 5 stocks are trading positive today. Intellect Design is up 4.56%, trading at Rs 670 at 12:55 pm on June 27 2022. PDS Ltd is trading at Rs 1676 with 2.09% gain. Radico Khaitan and GATI are up 0.41% and 2.19 %, respectively. Among all the top 5 holdings, EKI Energy Services is significantly higher today, trading 9.65% up at Rs 137.6.

EKI Energy is involved in the business of climate change, sustainability advisory, carbon off-setting, and business excellence services. The company is small-cap, having a market capitalization of Rs 5,000 crore.

The stock was recently in the news regarding the company offering a 3:1 bonus issue to its shareholders. The company is issuing 3 equity shares each worth RS 10 to every existing equity share of Rs 10. July 1 2022 is the record date set by the company for the bonus issue.

Last week, the company also announced that it has introduced a new subsidiary, EnKing International Pte Ltd in Singapore to enter into a new market to provide its climate consultancy and advisory services for carbon asset management.

In the last year, the stock has delivered a multibagger return to its investors. Since the company went public (April 9 2021), the stock appreciated from Rs 162 to Rs 7370, delivering a staggering return of 4,450%.

The stock is popular among young investors as the company is a part of trending investment themes like sustainability, climate change, and carbon credit.