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What is Everest Kanto Cylinder Market Overview about?

Everest Kanto Cylinder (EKC) holds an 80% market share in the domestic high-pressure gas cylinder industry and 10% globally, with significant production capacity and a strong presence in South Asia and the Middle East. The company is shifting towards higher-margin CNG and Jumbo cylinders and plans to double its production capacity by FY12, despite some delays in expansion. EKC is recommended as a buy with a target price of Rs 265, supported by healthy earnings growth and strong return ratios, though it face

Author

jackmailsjohn9456

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