Everest Kanto Cylinder is currently trading at Rs. 10.80, up by 0.59 points or 5.78 % from its previous closing of Rs. 10.21 on the BSE.
The scrip opened at Rs. 10.75 and has touched a high and low of Rs. 10.95 and Rs. 10.40 respectively. So far 43920 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 23.35 on 06-Jun-2014 and a 52 week low of Rs. 9.68 on 17-Dec-2014.
Last one week high and low of the scrip stood at Rs. 12.00 and Rs. 9.68 respectively. The current market cap of the company is Rs. 115.73 crore.
The promoters holding in the company stood at 63.51 % while Institutions and Non-Institutions held 3.87 % and 32.62 % respectively.
Credit rating agency, Credit Analysis & Research (CARE) has revised rating of Everest Kanto Cylinder’s long term fund based bank facilities worth Rs 150.19 crore to ‘C’ from ‘BB+’. The rating agency has also revised rating of the company’s short term non-fund based facilities worth Rs 60.92 crore to ‘A4’ from ‘A4+’.
Everest Kanto Cylinder is engaged in the business of manufacturing industrial and CNG cylinders. The company has production capacity of 500,000 cylinders on an annual basis. EKC’s Dubai plant manufactures cylinders ranging from 1 to 280 liters water capacity and working pressure from150-400 bar (Test Pressure up to 650 bar).
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