Business Standard

Everest Kanto rises on $5.8-mn order

Image

BS Reporter Mumbai

Everest Kanto Cylinder shares grew by 6.76 per cent to Rs 102.6, after an announcement that CP Industries Holdings, a wholly owned subsidiary has received orders totaling $5.8 Million from National Oilwell Varco, Rig Solutions Group. In addition, a letter of intent was received to supply large pressure vessels for $ 7.2 Million.

The stock made an intraday high of Rs 103.7 and a low of Rs 95.9 with trading volumes of 2.85 lakh shares (about twice of its two-week average). The scrip made a 52-week high of Rs 356 and a low of Rs 89.5.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 27 2009 | 12:31 AM IST

Explore News