Support and Resistance Levels
Past performance
About Everest Kanto Cylinder Ltd Everest Kanto Cylinders Limited, incorporated in 1978, specializes in the manufacture of high-pressure seamless gas cylinders and related equipment. The company also engages in trading fire extinguishing equipment and castor oil. Collaborating with Kanto Koatsu Yoki Manufacturing Company of Japan, Everest Kanto established its first manufacturing unit in Aurangabad, India in 1981, later expanding to Tarapur. The company has extended its manufacturing capabilities globally with facilities in Dubai, China, Hungary, and the USA, catering to markets in South East Asia, the Middle East, and CIS countries.
Significant expansions include a joint venture in China, a wholly-owned subsidiary in Thailand, and acquisitions such as CP Industries in the USA. Everest Kanto also acquired a majority stake in Calcutta Compressions & Liquefaction Engineering. It has undergone strategic divestments, including selling land in Gandhidham and altering its subsidiary holdings. The company continues to strengthen its global presence and product offerings in the gas storage sector.