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Everest Kanto Cylinder gains after its arm enters into JV agreement with Rev Gas Industries

11 Jun 2021 Evaluate

Everest Kanto Cylinder is currently trading at Rs. 99.50, up by 1.25 points or 1.27% from its previous closing of Rs. 98.25 on the BSE.

The scrip opened at Rs. 98.05 and has touched a high and low of Rs. 100.00 and Rs. 98.05 respectively. So far 25586 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.30 on 28-Apr-2021 and a 52 week low of Rs. 15.46 on 12-Jun-2020.

Last one week high and low of the scrip stood at Rs. 104.90 and Rs. 96.50 respectively. The current market cap of the company is Rs. 1117.59 crore.

The promoters holding in the company stood at 67.39%, while Institutions and Non-Institutions held 0.55% and 32.06% respectively.

Everest Kanto Cylinder’s wholly owned subsidiary -- EKC International FZE has entered into a Joint Venture (JV) agreement with Rev Gas Industries, Hungary on June 09, 2021. The company has entered into a Joint Venture agreement to set up a state-of-the-art manufacturing plant in Hungary to design, develop, test, manufacture, distribute, supply and sell Seamless high pressure Gas Cylinders (CNG & Industrial) and Cascades for bulk storage along with the assembly thereof for the European Markets.

Everest Kanto Cylinder (EKC) is engaged in the business of manufacturing industrial and CNG cylinders.


Everest Kanto Cylind Share Price

119.40 1.43 (1.21%)
17-Apr-2026 16:59 View Price Chart
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