Net profit of Ecos (India) Mobility & Hospitality declined 3.08% to Rs 13.51 crore in the quarter ended June 2024 as against Rs 13.94 crore during the previous quarter ended June 2023. Sales rose 13.98% to Rs 148.89 crore in the quarter ended June 2024 as against Rs 130.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales148.89130.63 14 OPM %13.9016.88 - PBDT22.8923.02 -1 PBT18.7419.01 -1 NP13.5113.94 -3 Powered by Capital Market - Live

ECOS (India) Mobility & Hospitality will hold a meeting of the Board of Directors of the Company on 24 September 2024.Powered by Capital Market - Live

The domestic equity benchmarks traded in negative terrain with moderate losses in the morning trade. The Nifty traded below the 25,150 mark. PSU bank shares extended losses for the second consecutive trading sessions. At 10:30 ST, the barometer index, the S&P BSE Sensex, tumbled 449.52 points or 0.55% to 82,108.01. The Nifty 50 index slipped 155.20 points or 0.61% to 25,125.65. In the broader market, the S&P BSE Mid-Cap index fell 0.47% and the S&P BSE Small-Cap index rose 0.30%. The market breadth was negative. On the BSE, 1,725 shares rose and 1,894 shares fell. A total of 175 shares were unchanged. New Listing: Shares of ECOS (India) Mobility & Hospitality were currently trading at Rs 421.35 at 10:17 IST on the BSE, representing a premium of 26.15% as compared with the issue price of Rs 334. The scrip was listed at Rs 391.30, exhibiting a premium of 17.15% to the issue price. So far, the stock has hit a high of 426 and a low of 380.10. On the BSE, over 10.45 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty PSU bank index fell 1.45% to 6,895.50. The index declined 1.79% in the two consecutive trading sessions. Canara Bank (down 2.04%), Indian Bank (down 1.75%), Bank of Baroda (down 1.7%), Punjab National Bank (down 1.42%), Union Bank of India (down 1.15%), Bank of India (down 1.08%), State Bank of India (down 1.04%), UCO Bank (down 0.91%), Indian Overseas Bank (down 0.71%) and Central Bank of India (down 0.59%) edged lower. Stocks in Spotlight: Texmaco Rail & Infra Engineering added 1.23% after the firm has completed the acquisition of Jindal Rail & Infrastructure, strengthening its position in the wagons market and expanding its capabilities and product range. The final cash payment was Rs 614 crore, at a valuation of 8.1 times the FY24 EV/Ebitda. Mankind Pharma gained 1.49% after the pharma major executed a Business Transfer Agreement to transfer its over-the-counter (OTC) business undertaking on a slump sale basis to its subsidiary, Mankind Consumer Products (MCPPL).Powered by Capital Market - Live

The scrip was listed at Rs 391.30, exhibiting a significant premium of 17.16% to the issue price. So far, the stock has hit a high of 426 and a low of 380.10. On the BSE, over 9.94 lakh shares of the company were traded in the counter so far. The initial public offer (IPO) of Ecos (India) Mobility & Hospitality was subscribed 64.26 times. The issue opened for bidding on 28 August 2024 and it closed on 30 August 2024. The price band of the IPO was fixed between Rs 318 to 334 per share. The IPO comprised only an offer for sale (OFS) of up to 1.80 crore equity shares by the selling shareholders, comprising up to 99 lakh shares by Rajesh Loomba and up to 81 lakh shares by Aditya Loomba. The post-issue promoter shareholding will reduce to 67.75% from 97.75% pre-IPO. The proceeds from the offer will be received by the selling shareholders in proportion to the offered shares. Ahead of the IPO, Ecos (India) Mobility & Hospitality on Tuesday, 27 August 2024, raised Rs 180.36 crore from anchor investors. The board allotted 54 lakh shares at Rs 334 each to 19 anchor investors Ecos (India) Mobility & Hospitality Ecos (India) Mobility & Hospitality (ECOS) provides chauffeured car rentals (CCR) and employee transportation services (ETS).The CCR segment is a B2C business. The customers are companies, and the end consumer is an employee, client, guest or visitor of these corporate companies. Through its ETS segment, ECOS offers customers solutions to manage their employee home-office-home ground transportation. ECOS has a pan-India presence in 109 cities. Vehicles and vendors are spread across 21 states and four Union Territories in India. Operations in 97 cities are through vendors. The firm reported a net profit of Rs 62.53 crore and total income of Rs 554.41 crore for the twelve months ended on 31 March 2024. Powered by Capital Market - Live

The equity shares of ECOS (India) Mobility & Hospitality (Scrip Code: 544239) are listed effective 04 September 2024 and admitted to dealings on the Exchange in the list of ''B'' Group Securities. Powered by Capital Market - Live