This micro-cap stock engaged in event management, specializing in large-scale events, destination weddings, corporate gatherings, and cultural festivals, both domestically and internationally, jumped 10 percent after securing an order worth 24 crore from the Government of India for an eco-tourism project in Nongkhyllem Wildlife Sanctuary, Meghalaya.
Stock Price Movement:
With a market capitalization of Rs. 202.87 crores, the share of E Factor Experiences Limited has reached an intraday high of Rs. 170 per equity share, rising nearly 9.68 percent from its previous day’s close price of Rs. 155. Since then, the stock has retreated and is currently trading at Rs. 157 per equity share.
What Happened:
E Factor Experiences Limited has received a Letter of Intent from Telecommunications Consultants India Limited (a Government of India enterprise) for an eco-tourism project in and around Nongkhyllem Wildlife Sanctuary, Meghalaya.
The project is awarded on an EPC (Engineering, Procurement, and Construction) basis, is valued at Rs. 23.5 crores, and will be completed within 12 months. This project will contribute to the company’s growth and expansion.
Service Offerings:
The company offers a wide range of services, including event management for large tourism events, corporate conferences, and concerts. It also specializes in cultural and tourism events, destination weddings, sports contests, and immersive multimedia experiences. Their approach focuses on creativity, high-quality execution, and creating memorable experiences for clients.
E-Factor organizes events across India, including cultural festivals, tourism events, and weddings. It has a global presence, executing over 800 events in 22 countries, including the Middle East, Southeast Asia, and Europe. This international reach highlights its ability to cater to diverse audiences and adapt to various cultures.
Recent quarter results:
E Factor Experiences Limited’s revenue has decreased from Rs. 21 crore in H1 FY24 to Rs. 18 crore in H1 FY25, which is a drop of 14.29 percent. The net profit has decreased by 75 percent from Rs. 1 crore in H1 FY24 to Rs. 0.25 crore in H1 FY25.
Written By – Nikhil Naik
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