Everest Kanto redeems Rs 265cr FCCBs, stock up 4%

At 10:12 am, Everest Kanto Cylinder was quoting at Rs 33.50, up Rs 1.20, or 3.72%. It has touched an intraday high of Rs 33.70 and an intraday low of Rs 33.10.

Everest Kanto Cylinder has redeemed Rs 265 crore Foreign Currency Convertible Bonds (FCCBs), report CNBC-TV18, qouting Business Standard.
 
It was trading with volumes of 29,480 shares, compared to its five day average of 209,407 shares, a decrease of -85.92%. In the previous trading session, the share closed down 3.58% or Rs 1.20 at Rs 32.30.
 
The share touched its 52-week high Rs 74.40 and 52-week low Rs 23.40 on 14 October, 2011 and 30 August, 2012, respectively.
 
Currently, it is trading 54.97% below its 52-week high and 43.16% above its 52-week low.

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