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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comEverest Kanto Cylinder Ltd (EKC) is a leading manufacturer of high-pressure gas cylinders and related systems in India. With a strong presence in domestic and international markets, the company has established itself as a trusted name in gas storage and transportation solutions.
In this article, we will analyze Everest Kanto Cylinder Ltd’s share price targets from 2025 to 2030, along with key insights on its performance, fundamentals, and investment outlook.
| Detail | Value |
|---|---|
| Open | ₹140.50 |
| Previous Close | ₹139.78 |
| Day’s High | ₹142.40 |
| Day’s Low | ₹139.04 |
| 52-Week High | ₹231.57 |
| 52-Week Low | ₹103.00 |
| All-Time High | ₹384.90 |
| All-Time Low | ₹7.30 |
| Volume | 86,343 |
| Value (Lacs) | ₹122.24 |
| VWAP | ₹140.65 |
| 20-Day Avg Volume | 369,384 |
| 20-Day Avg Delivery (%) | 44.26 |
| Market Cap (Rs. Cr.) | ₹1,588 |
| Beta (Volatility) | 1.54 |
| Book Value Per Share | ₹103.60 |
| Face Value | ₹2 |
| Dividend Yield | 0.49% |
Everest Kanto Cylinder Ltd’s share currently trades around ₹140–₹142 with a market capitalization of ₹1,588 crore. The stock’s high beta of 1.54 indicates strong volatility, making it an active choice for traders and growth-oriented investors.
Founded in 1978, Everest Kanto Cylinder Ltd (EKC) is one of India’s leading manufacturers of seamless steel gas cylinders. The company serves industries such as automotive, healthcare, oil and gas, and industrial gases, with a global presence in over 25 countries including the Middle East, North America, and Europe.
The company’s technological expertise, cost-efficient production, and strong client base have made it a major supplier to both government and private sector companies.
A global leader in high-pressure gas cylinders
Diverse applications in CNG, industrial gases, and medical sectors
Strong promoter holding ensures management stability
Increasing demand from clean energy and automotive sectors
Consistent profitability with improving book value per share
| Investor Type | Holding (%) |
|---|---|
| Promoters | 67.39% |
| Retail & Others | 30.79% |
| Foreign Institutions | 1.67% |
| Other Domestic Institutions | 0.15% |
The high promoter holding of 67.39% shows strong confidence in the company’s growth trajectory, while a significant retail holding of over 30% reflects growing investor interest in the stock.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 145 | 160 |
| 2026 | 165 | 185 |
| 2027 | 190 | 210 |
| 2028 | 215 | 240 |
| 2029 | 245 | 275 |
| 2030 | 280 | 320 |
These targets are based on the company’s fundamentals, sector growth in clean energy (CNG & hydrogen), and improving demand for gas cylinders across multiple sectors.
By 2025, EKC’s stock is expected to remain stable with moderate upward movement.
Why:
Recovery in demand for industrial and CNG cylinders
Steady financial performance and profitability
Stable promoter holding maintaining market confidence
Investment Advice:
Investors can accumulate the stock during dips, as it offers moderate risk and potential for future growth.
In 2026, EKC may see healthy growth due to expansion in clean energy and CNG vehicle adoption.
Why:
Government focus on CNG infrastructure
Increasing orders from domestic OEMs and gas distributors
Better capacity utilization and export orders
Investment Advice:
Ideal for medium-term investors; consider partial profit booking above ₹180.
By 2027, Everest Kanto Cylinder Ltd is expected to benefit from export growth and improved manufacturing efficiency.
Why:
Growth in demand for industrial gases and hydrogen storage
Expansion into new geographies
Enhanced operational margins from modernized facilities
Investment Advice:
Hold for long-term; reinvest dividends to maximize compounding benefits.
In 2028, the stock might cross ₹215 as financial performance and exports strengthen.
Why:
Increased demand from global clean energy markets
Strong EPS growth supported by stable raw material costs
Improved capacity utilization and debt reduction
Investment Advice:
Continue SIPs or staggered investments; good for long-term capital appreciation.
By 2029, Everest Kanto may enter a new growth phase driven by global partnerships and technology upgrades.
Why:
Rising demand for hydrogen storage solutions
Better operating margins and consistent cash flow
Strong promoter commitment and institutional participation
Investment Advice:
Long-term investors can hold; short-term traders should monitor quarterly results.
By 2030, EKC could become one of the key beneficiaries of India’s shift toward clean energy and CNG mobility.
Why:
Leadership in CNG cylinder manufacturing
Expansion into hydrogen fuel and composite cylinder segment
Diversification into high-value export markets
Investment Advice:
Strong long-term bet for investors seeking exposure to the clean energy and industrial manufacturing sectors.
Yes. Everest Kanto Cylinder Ltd is a solid mid-cap company with promising growth prospects. Its strong market presence in CNG and industrial gas segments positions it well for the upcoming green energy revolution.
Leadership in high-pressure gas cylinder manufacturing
Increasing demand from clean energy initiatives
Solid promoter confidence (67.39% holding)
Low face value (₹2) makes it attractive for small investors
Stable dividend yield (0.49%) adds to shareholder value
Volatility (beta 1.54) can impact short-term returns
Dependency on government policies for CNG expansion
Global raw material price fluctuations
Everest Kanto Cylinder Ltd has shown resilience and adaptability in the face of changing market trends. With strong fundamentals, expanding market opportunities, and consistent management focus, the company has the potential to deliver strong returns in the next 5–7 years.
Currently trading near ₹140, the share could touch ₹300 or higher by 2030, supported by growth in clean energy, exports, and domestic CNG demand.
For investors looking for long-term value and exposure to sustainable energy, EKC is a promising choice.
1. What is the current price of Everest Kanto Cylinder Ltd?
As of November 2025, the stock trades around ₹140–₹142.
2. What is the 52-week high and low of Everest Kanto Cylinder Ltd?
The 52-week high is ₹231.57 and the 52-week low is ₹103.00.
3. Is Everest Kanto Cylinder Ltd a good stock to buy?
Yes, due to its strong fundamentals and growth potential in clean energy and industrial gases.
4. What is the share price target for 2025?
The 2025 target ranges between ₹145 and ₹160.
5. What is the long-term target for 2030?
By 2030, EKC could trade between ₹280 and ₹320 depending on performance and market conditions.
6. Who are the major shareholders of Everest Kanto Cylinder Ltd?
Promoters hold 67.39%, retail investors 30.79%, and FIIs around 1.67%.
7. What is the book value per share?
The book value per share stands at ₹103.60.
8. What is the company’s beta?
EKC has a beta of 1.54, meaning it’s more volatile than the market average.
9. What is the dividend yield of Everest Kanto Cylinder Ltd?
The current dividend yield is around 0.49%.
10. What sector does EKC operate in?
The company operates in the high-pressure gas cylinder manufacturing and clean energy equipment sector.
Disclaimer: This article is for educational and informational purposes only. Investors should consult a certified financial advisor before making investment decisions.
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