Everest Kanto Cylinder Ltd Share Price

Summary

Incorporated in 1978, Everest Kanto Cylinders Limted is engaged in the manufacture of high-pressure 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 in-house 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 2003-04. 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 2006-07, 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
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