Everest Kanto has target of Rs 99: Prakash Diwan

Everest Kanto Cylinder has target of Rs 99, says Prakash Diwan of Asit C Mehta Investment Intermediates.

Diwan told CNBC-TV18, "Everest Kanto Cylinder has seen some kind of momentum. It given the kind of changes that we are expecting in the cylinder business that particularly this company specializes in, I believe the kind of built up that we have seen would also translate into positive price action. The price target is Rs 99 and a stoploss of Rs 88." Click HERE to know the rules and follow the score card