Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Aurobindo Pharma Ltd, Navneet Education Ltd, Quess Corp Ltd and Everest Kanto Cylinder Ltd are among the other losers in the BSE’s ‘A’ group today, 10 November 2022.

Team Lease Services Ltd leads losers in ‘A’ group

Everest Kanto Standalone September 2022 Net Sales at Rs 195.67 crore, down 35.34% Y-o-Y

Everest Kanto Consolidated September 2022 Net Sales at Rs 339.69 crore, down 19.36% Y-o-Y

Everest Kanto Cylinder consolidated net profit declines 73.93% in the September 2022 quarter

Everest Kanto Cylinder Ltd, RattanIndia Enterprises Ltd, Himatsingka Seide Ltd and Hindustan Construction Company Ltd are among the other gainers in the BSE’s ‘A’ group today, 07 October 2022.

Jaiprakash Associates Ltd leads gainers in ‘A’ group

Ipca Laboratories Ltd, Aster DM Healthcare Ltd, Divis Laboratories Ltd and Bharat Dynamics Ltd are among the other losers in the BSE’s ‘A’ group today, 12 August 2022.

Everest Kanto Cylinder Ltd leads losers in ‘A’ group

Everest Kanto Cylinder - Dominant Player In An Industry With Tailwinds: IDBI Capital Initiates Coverage

In February this year, EKC International FZE in its board meeting in Dubai had given its in-principle approval for setting up of a CNG cylinder production facility in Egypt.

Everest Kanto Cylinder freezes at 5% upper circuit on JV for cylinder manufacturing in MENA

Buzzing stocks: HCL Tech, Nykaa, Infosys, Dr Reddy’s, PNC Infratech, Tata Communications, Crisil, Nestle, Cyient, Rallis, RBL Bank, Alphalogic, Atul Auto, Everest Kanto, Fino Payments and Suryoday SFB

Stocks that will see action today

Everest Kanto Consolidated December 2021 Net Sales at Rs 463.89 crore, up 87.8% Y-o-Y

Everest Kanto Cylinder said that the board its wholly owned subsidiary EKC International FZE has given its in-principle approval for setting up of a CNG cylinder production facility in Egypt.

Everest Kanto Cylinder’s arm to set up cylinder production facility in Egypt

Everest Kanto Cylinder Limited is engaged in the manufacturer of seamless steel Cylinders. The Company manufacture high-pressure seamless gas cylinders and other cylinders, equipment, appliances, and tanks with their parts and accessories, used for containing and storage of natural gas and other gases, liquids, and air. Its geographical segments include India, United Arab Emirates (UAE), China, the United States of America and Hungary, and Others. The Company is also engaged in the trading of fire extinguishment and related equipment and castor oil. Its products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air cylinders, 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.

Everest Kanto Cylinder Ltd

Everest Kanto Cylinder Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Team Lease Services Ltd leads losers in ‘A’ group

Everest Kanto Standalone September 2022 Net Sales at Rs 195.67 crore, down 35.34% Y-o-Y

Everest Kanto Consolidated September 2022 Net Sales at Rs 339.69 crore, down 19.36% Y-o-Y

Everest Kanto Cylinder consolidated net profit declines 73.93% in the September 2022 quarter

Jaiprakash Associates Ltd leads gainers in ‘A’ group

Everest Kanto Cylinder Ltd leads losers in ‘A’ group

Everest Kanto Cylinder - Dominant Player In An Industry With Tailwinds: IDBI Capital Initiates Coverage

Everest Kanto Cylinder Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Team Lease Services Ltd leads losers in ‘A’ group

Everest Kanto Standalone September 2022 Net Sales at Rs 195.67 crore, down 35.34% Y-o-Y

Everest Kanto Consolidated September 2022 Net Sales at Rs 339.69 crore, down 19.36% Y-o-Y

Everest Kanto Cylinder consolidated net profit declines 73.93% in the September 2022 quarter

Jaiprakash Associates Ltd leads gainers in ‘A’ group

Everest Kanto Cylinder Ltd leads losers in ‘A’ group

Everest Kanto Cylinder - Dominant Player In An Industry With Tailwinds: IDBI Capital Initiates Coverage

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock