That kind of moonshot market performance is rare but not entirely unheard of in India, particularly among small, thinly traded companies. For EKI, there was something else at work. It’s the first listed carbon offsets company, and the market price of those offsets — which comprise most of the firm’s assets — was soaring.
Mcap of nine of top-10 most valued firms jumps Rs 2.51 lakh cr; Bajaj Finance biggest winner
In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valuation. Leading the charge was Bajaj