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Weekly Breakout, Stop loss 112

Long
NSE:EKC   EVEREST KANTO CYLI
Everest Kanto Cylinder Limited is engaged in the manufacture of fabricated metal products, except machinery and equipment.

The Company is also engaged in the manufacture of high pressure seamless gas cylinders and other cylinders, equipment, appliances and tanks with their parts and accessories used for containing and storage of liquefied petroleum gases and other gases, liquids and air.

Its geographical segments include India, China, UAE, USA & Hungary, Thailand and Europe.

The Company's products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air Cylinder, Jumbo Cylinders, Medical Cylinders, Beverage Cylinders and Accumulators.

The Company also offers a range of allied products, such as Cylinder Valves, Valve Protection Guards, Valve Protection Caps, Trolleys, Medical Equipment, Industrial Equipment and Purge Bottles/Double Necked Cylinders.

It offers seamless cylinders for fire-fighting and beverage applications.

Market share : 50% Seamless Cylinders

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