Everest Kanto Cylinder is the main producer of seamless metal fuel cylinders within the nation
Everest Kanto Cylinder shares soared by 40 per cent on the BSE previously two days alone, touching the higher circuit of 20 per cent on every of the times, because the lethal second coronavirus surge led to acute scarcity of oxygen cylinders and fuelled demand for medical oxygen. At 2:25 pm, the shares of Everest Kanto Cylinder have been frozen on the higher circuit of 20 per cent at Rs 110.70 on the BSE.
The demand for medical oxygen has hit the roof and there are reviews of medical oxygen shortages in lots of areas. The Railways has began a particular prepare to move oxygen and lots of metal corporations have reportedly diverted oxygen for medical use to assist the nation tide over the medical disaster.
Everest Kanto Cylinder is the main producer of seamless metal fuel cylinders within the nation.
The BSE Sensex was at 47,748.75, decrease by 185 factors or 0.38 per cent and the NSE Nifty was at 14,318.50, down 37.60 factors or 0.25 per cent on the time.
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