Tuesday, October 12, 2010

EKC breakout as fresh buying seen!

EKC Rs 128 which is in F&O ban is seeing smart move --In F&O ban: Core projects, EKC, Essar oil, Ispat, Jindal South West Holding, Orchid Chem, Punj Lloyd, Reliance Media
EKC above Rs.131 on closing basis the 6-8% upside possible on very fast basis 




Everest Kanto Cylinder Limited (EKC) is engaged in the development and production of industrial and compressed natural gas (CNG) cylinders with well over 1.5 million high pressure gas cylinders and 5.00,000 CNG 
cylinders in service and three manufacturing plants in India Aurangabad, Tarapur and Gandhidam and Middle East (UAE) JAFZA in Dubai. EKC Dubai has the capacity to produce cylinders from 1 to 280 liters water 
capacity and working pressure from150 - 400 bar (Test Pressure up to 650 bar). Its products include industrial cylinders, allied products, medical cylinders, beverage cylinders, CNG cylinders and accumulators. As on 31st 
March, 2010, the Company had two wholly owned subsidiary companies, EKC International FZE in Dubai, UAE and EKC Industries (Tianjin) Co. Ltd. in People's Republic of China