Everest Kanto Cylinder is currently trading at Rs. 16.90, up by 0.02 points or 0.12% from its previous closing of Rs. 16.88 on the BSE.
The scrip opened at Rs. 16.65 and has touched a high and low of Rs. 16.90 and Rs. 16.40 respectively. So far 3101 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 33.10 on 23-Jan-2020 and a 52 week low of Rs. 9.45 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 17.60 and Rs. 15.94 respectively. The current market cap of the company is Rs. 189.63 crore.
The promoters holding in the company stood at 66.95%, while Institutions and Non-Institutions held 0.15% and 32.90% respectively.
Everest Kanto Cylinder has recently re-initiated supply of cylinders used for storing medical oxygen to its customer base in India. The company already has all requisite approval and is well- positioned to cater to the rise in demand from hospital across the country as well as from other ancillary medical infrastructure being created for the treatment of Covid-19 related cases.
The company’s manufacturing facilities located at Tarapur (Maharashtra) and Kandla (Gujarat) currently have the capacity to manufacture over 700,000 cylinders annually with fungible production capabilities, from portable to jumbo cylinders, based on specific applications and clients’ requirements.
Everest Kanto Cylinder (EKC) is engaged in the business of manufacturing industrial and CNG cylinders.
