Everest Kanto Cylinder Ltd

NSE
EKC •
BUY

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Start SIP in Everest Kanto Cylinder Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
110.65% Gain from 52W Low
11.3
TTM PE Ratio
Below industry Median
14.6
Price to Book Ratio
Low in industry
1.8
Dividend yield 1yr %
Below industry Median
0.4
TTM PEG Ratio
PEG TTM is less than 1
0.9
RSI
RSI is mid-range
54.3
MFI
MFI Overbought
75.8

Everest Kanto Cylinder Ltd Key Financials

*All values are in ₹ Cr.

Everest Kanto Cylinder Ltd shareholding Pattern

Promoter
67.4%
Foreign Institutions
0.6%
Domestic Institutions
0.9%
Public
31.1%

Everest Kanto Cylinder Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
159.80
10Day EMA
160.00
12Day EMA
159.40
20Day EMA
156.00
26Day EMA
153.40
50Day EMA
145.90
100Day EMA
137.10
200Day EMA
128.60
Delivery & Volume
Resistance & Support
158.87
Pivot
Resistance
First Resistance
161.08
Second Resistance
164.92
Third Resistance
167.13
Support
First Support
155.03
Second support
152.82
Third Support
148.98
Relative Strength Index
54.33
Money Flow Index
75.82
MACD
5.98
MACD Signal
7.09
Average True Range
8.23
Average Directional Index
29.12
Rate of Change (21)
21.15
Rate of Change (125)
37.64

Everest Kanto Cylinder Ltd Company background

Founded in: 1978
Incorporated in 1978, Everest Kanto Cylinders Limted is engaged in the manufacture of highpressure seamless gas cylinders and other cylinders, equipments, appliances and tanks with their parts and accessories, used for containing and storage of natural gas and other gases, liquids and air. Further, the Company is engaged in the trading of fire extinguishment and related equipment and castor oil.The company in collaboration with Kanto Koatsu Yoki Manufacturing Company, Japan set up a manufacturing unit in Aurangabad. In the year 1981, they started commercial production in their Aurangabad plant. In the year 1985, they expanded their manufacturing capacity with inhouse technology by setting up a new facility at Tarapur to manufacture the widest range of High Pressure Gas Cylinder. The company set up a new state of the art manufacturing facility at Dubai, in order to tap the emerging potential for cylinders in Iran, Pakistan and Bangladesh. This plant commenced their production during the year 200304. In April 2005, the company entered into a joint venture agreement with China based Cangzhou Gas Corporation for producing and selling high pressure gas cylinders. In December 2005, the company commenced their production at Gandhidham which has the production capacity of 340000 cylinders per annum.During the year 200607, the company formed two wholly owned subsidiary namely EKC International FZE in Dubai and EKC Industries (Tianjin) Ltd in Peoples Republic of China. The company sold their fixed assets of their branch at Dubai to EKC International FZE, Dubai. This unit catered the growing demand from South East Asia, Middle East and CIS countries.In October 2007, EKC International FZE, the wholly owned subsidiary of the company in Dubai successfully commissioned their second plant in Dubai. During April 2008, EKC International FZE, wholly owned subsidiary of the Company in UAE has formed a wholly owned subsidiary in Hungary by the name of EKC Hungary Ltd. Further, EKC Hungary Ltd formed a wholly owned subsidiary in USA by the name of CP Industries Holding Inc. In April 21, 2008 EKC group acquired all the assets of CP Industries Inc, a division of Reunion Industries Inc, USA for an amount of USD 66.3 million.EKC Industries (Tianjin) Co Ltd, the wholly owned subsidiary of the company in Peoples Republic of China completed the trial production phase and commercial production commenced during May 2008. In October 2008, the company received an order for a value of USD 13 million form Pakistan and Middle East countries for the supply of CNG cylinders through their wholly owned subsidiary, EKC International FZE, Dubai. The company is implementing new project at their existing facility in Gandhidham which would result in creation of a 200,000 cylinders per annum and commissioning of these plant is expected during end of the financial year 200809. The company is in the process of setting up a cylinder manufacturing plant at Kandla Special Economic Zone. This plant is expected to be commissioned during the first quarter of financial year 200910.In April 2009, EKC acquired a majority stake (72.65%) in Calcutta Compressions Liquefaction Engineering Private Limited (CCL), a company located in Kolkata. The Company had raised Rs. 81 crores by allotting 6,000,000 equity shares to 2 schemes of Reliance Mutual Fund on a preferentialbasis at Rs. 135/ per equity share (including a premium of Rs. 133/ per share) on 19th June, 2010.The Company established a wholly owned subsidiary (WOS) in Thailand on 7th Oct, 2010 by the name of EKC Industries (Thailand) Co. Ltd. in 2011.During the year 2012, EKC International FZE, a wholly owned subsidiary of the Company, set up a wholly owned subsidiary in Germany, EKC Europe GmbH.During 201617, the Company sold Companies Land and Building along with electric installations situated at Gandhidham, Gujarat to SNF Flopam India Private Limited, for the consideration of USD 29 Million (approx. Rs 194 crore), through which the approval was sought by Company on September 17, 2016 for the sale of aforesaid land and building of the Company. The Company formed new wholly owned subsidiary Company as Next gen Cylinder Private Limited in 2017.On July 11, 2020, the Company acquired additional 27.35% of equity share capital of Calcutta Compressions Liquefaction Engineering Ltd, thereby making it wholly owned subsidiary Company and transferred 72.65% of Equity Share Capital of EKC Positron Gas Ltd, which thereby ceases to be subsidiary Company. Kamal EKC industries Ltd, a Joint Venture Company in Tanzania ceased to continue its business w.e.f August 23, 2019.
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Everest Kanto Cylinder Ltd FAQs

Everest Kanto Cylinder Ltd shares are currently priced at 157.25 on NSE and 157.3 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Everest Kanto Cylinder Ltd [EKC] share was 96.56. The Everest Kanto Cylinder Ltd [EKC] share hit a 1-year low of Rs. 74.65 and a 1-year high of Rs. 179.

The market cap of Everest Kanto Cylinder Ltd is Rs. 1764.47 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Everest Kanto Cylinder Ltd is 30.43 as of 2/22/2024 12:00:00 AM.

The PB ratios of Everest Kanto Cylinder Ltd is 2.61 as of 2/22/2024 12:00:00 AM

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