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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comEverest Kanto Cylinder Ltd is a globally recognized manufacturer of high-pressure gas cylinders, serving sectors such as CNG, industrial gases, hydrogen, fire safety, and energy infrastructure. With manufacturing facilities in India, the USA, and Europe, the company plays a critical role in the global gas storage and transportation ecosystem.
As the world transitions toward clean energy, alternative fuels, and hydrogen-based solutions, Everest Kanto Cylinder Ltd (EKC) is gaining renewed attention from long-term investors. In this article, we present a fresh, SEO-optimized analysis of Everest Kanto Cylinder share price targets from 2026 to 2030, based on current market data, business fundamentals, and industry trends.
| Detail | Value |
|---|---|
| Open | ₹115.50 |
| Previous Close | ₹115.82 |
| Day’s High | ₹116.10 |
| Day’s Low | ₹114.00 |
| VWAP | ₹114.62 |
| 52-Week High | ₹175.79 |
| 52-Week Low | ₹103.00 |
| All-Time High | ₹384.90 |
| All-Time Low | ₹7.30 |
| Market Capitalization | ₹1,284 Cr |
| Volume | 92,200 |
| Value (Lacs) | 105.56 |
| 20D Avg Volume | 1,81,086 |
| 20D Avg Delivery (%) | 53.76% |
| Face Value | ₹2 |
| Book Value Per Share | ₹114.72 |
| Dividend Yield | 0.61% |
| Beta | 1.48 |
Everest Kanto Cylinder Ltd is among the world’s largest manufacturers of seamless steel gas cylinders. Its products are used in:
CNG and alternative fuel vehicles
Industrial and medical gases
Firefighting and safety systems
Hydrogen and energy storage solutions
The company’s increasing exposure to hydrogen storage cylinders and clean-energy infrastructure places it in a strong position for long-term growth as global energy systems evolve.
Global manufacturing footprint across multiple continents
Strong presence in CNG and industrial gas cylinders
Entry into hydrogen storage and clean-energy solutions
Long-standing relationships with global gas companies
Improving operational efficiency and capacity utilization
The gas cylinder industry is entering a structural growth phase due to:
Rising adoption of CNG and LNG vehicles
Government push toward hydrogen energy
Growth in industrial and medical gas consumption
Expansion of energy storage and transportation infrastructure
Everest Kanto’s technical expertise and global reach give it a competitive edge in this evolving landscape.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 67.39% |
| Retail & Others | 30.79% |
| Foreign Institutions | 1.67% |
| Other Domestic Institutions | 0.15% |
High promoter holding reflects strong confidence in the company’s long-term vision and business strategy.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 160 | 190 |
| 2027 | 200 | 240 |
| 2028 | 250 | 300 |
| 2029 | 320 | 380 |
| 2030 | 400 | 480 |
These projections factor in increasing clean-energy demand, hydrogen adoption, export growth, and margin expansion.
By 2026, steady growth in CNG and industrial gas demand is expected to support earnings.
Growth Drivers
Expansion in alternative fuel infrastructure
Stable export orders
Better capacity utilization
Investment View: Suitable for medium-term investors.
Hydrogen-related opportunities may begin contributing more meaningfully.
Growth Drivers
Entry into hydrogen cylinder supplies
Increased demand from clean-energy projects
Operating leverage benefits
Investment View: Positive long-term accumulation phase.
By 2028, EKC could be recognized as a clean-energy enabler.
Growth Drivers
Commercial hydrogen adoption
Global decarbonization initiatives
Strong export momentum
Investment View: Attractive for growth-oriented investors.
Sustained earnings growth could lead to valuation re-rating.
Growth Drivers
Higher-margin hydrogen products
Improved return ratios
Stable global demand
Investment View: Favors long-term compounding strategies.
By 2030, Everest Kanto may emerge as a key global supplier for gas storage solutions.
Growth Drivers
Hydrogen economy expansion
Strong global presence
Long-term energy infrastructure contracts
Investment View: Strong long-term wealth creation potential.
Everest Kanto Cylinder Ltd offers exposure to clean energy, hydrogen, and industrial gas infrastructure, making it a compelling thematic investment.
Leadership in gas cylinder manufacturing
Strong promoter commitment
Exposure to hydrogen and clean energy
Improving global demand outlook
Cyclicality in industrial demand
Raw material price volatility
Execution risks in hydrogen projects
Global economic slowdowns
Everest Kanto Cylinder Ltd stands at the intersection of industrial growth and clean-energy transformation. While near-term performance may remain linked to industrial cycles, its hydrogen and alternative fuel exposure significantly strengthens its long-term growth potential.
Based on current fundamentals and industry trends, Everest Kanto Cylinder share price could potentially reach ₹400–₹480 by 2030, making it an interesting long-term investment opportunity for investors seeking exposure to future energy infrastructure.
1. What is the current share price of Everest Kanto Cylinder Ltd?
It trades around the levels mentioned in the latest market data and fluctuates daily.
2. What is the Everest Kanto Cylinder share price target for 2026?
The expected range is ₹160 to ₹190.
3. Is Everest Kanto Cylinder Ltd a good long-term investment?
It may suit investors looking for clean-energy exposure with moderate risk.
4. What is the share price target for 2030?
The projected range is ₹400 to ₹480.
5. What factors influence Everest Kanto Cylinder share price the most?
Hydrogen adoption, CNG demand, export growth, raw material prices, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
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