/PRNewswire/ The Medical Gas Cylinder Market is estimated to grow by USD 2,846.98 million from 2022 to 2027. The market will be growing at a CAGR of 10.62%.
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s.
Shares of Everest Kanto Cylinder hit an over 10-year high of Rs 110.70, soaring 20 per cent on the BSE in the intra-day trade on Tuesday. The stock of one of India s leading manufacturer of seamless steel gas cylinders was trading higher for the fifth straight day, having rallied 44 per cent alone in the past two trading days, on expectation of strong earnings growth. It was quoting at its highest level since July 2010.
In the past six months, the stock has zoomed nearly 300 per cent. In comparison, the S&P BSE Sensex was up 18 per cent during the same period. The counter has seen huge trading activities with the average volume jumping over six-fold today. A combined 11.25 million equity shares, representing 10 per cent of total equity of the company, have changed hands on the NSE and BSE till 01:15 pm.