Everest Industries Share Price is an Indian multinational company, engaged in the production and sale of garments and home furnishings. The company was incorporated in 1993 and is headquartered in Mumbai, Maharashtra. The company has been listed on the National Stock Exchange of India since 2000. As of March 2016, the company had a market capitalization of Rs. 4,853.5 crore.
Everest Industries Ltd is an India-based company engaged in the business of manufacturing building products. The Company operates through four segments: Roofing, Fiber Cement Boards, Pre-Engineered Buildings and Others. Its product portfolio includes roofing and allied products, such as pre-painted galvanized steel (PPGI) sheets, pre-painted galvalume steel (PPGL) sheets, color coated tiles, metal roofing tiles, pre-painted aluminum-zinc alloy coated steel sheets (PPAL), natural thatch roofs, long run roofing sheets and accessories. It also offers fiber cement boards, such as plain boards and asbestos replacement boards.
In addition, the Company is engaged in the business of pre-engineered buildings (PEBs). Its PEBs product range includes primary framing, secondary framing, roof and wall cladding, purlins and girts, and decking sheets. It offers its products under the Everest, Everest Mont Blanc, Everest Metal Tiles, Everest Metal Roofing Tiles, Everest Metal Roofs, Everest Pre Engineered Buildings, Everest Fiber Cement Boards, Everest Plain Boards, Everest Asbestos Replacement Boards, Everest Asbestos Free Boards, Everest Shutter Boards, Everest Smart Boards, Everest Tile Roofs, Everest Decra Roofs, Everest Smart Roofs, Everest Polycarbonate Roofs and Everest Polycarbonate Roof Tiles brands.
Everest Industries Ltd was incorporated in the year 1919. The company’s manufacturing facilities are located at Dewas, Bhiwadi, Chennai, Kolkata, Patna, Pune, Guwahati, Hyderabad, Jaipur, Rudrapur, Roorkee and Uttarakhand. The company has a wide distribution network with over 4,000 dealers and retailers spread across India. It has also entered into strategic tie-ups with various national and international companies for the distribution of its products. The company’s product range caters to the needs of various segments like housing, industrial, commercial, institutional and infrastructure. The company is a part of the Everest Group, which is a leading player in the Indian building materials industry. The Group’s businesses include steel, textiles
Everest Industries Share Price BSE
Everest Industries share price BSE Everest Industries is an Indian company that manufactures and sells building materials. It is part of the KK Birla Group and has its headquarters in Kolkata, West Bengal. The company has over 9,000 employees and its products are sold in over 60 countries. Everest Industries was founded in 1936 by K.K. Birla. The company initially manufactured asbestos cement sheets and pipes. It later diversified into other building materials such as tiles, sanitaryware, and prefabricated structures.
Everest Industries went public in 1995 and is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As of March 2018, the market capitalisation of the company was ₹4,358 crore (US$630 million). The company has manufacturing facilities in Kolkata, Durgapur, Roorkee, Chennai, Hyderabad, Pune, and Bhopal. It also has two research and development centres, one in Kolkata and the other in Chennai.
Everest Industries is the largest manufacturer of AAC blocks in India with a capacity of 1.2 million cubic meters per annum. AAC is a lightweight, fire-resistant, and earthquake-resistant material used in construction. The company has a market share of 70% in the AAC blocks market in India Everest Industries has a joint venture with Knauf, a German company that manufactures construction materials. The joint venture, Knauf Everest, manufactures and sells gypsum boards and plasterboard in India.
In March 2018, Everest Industries acquired a controlling stake in Kerala-based construction company National Builders. National Builders has a turnover of ₹500 crore (US$73 million) and employs 2,500 people. Everest Industries is the market leader in the organised segment of the Indian roofing market with a market share of 22%. The company has a strong presence in the eastern and southern regions of India.
Everest Industries Limited Share Price
Everest Industries Limited Share Price is an Indian company manufacturing building materials and construction equipment. The company has its headquarters in Kolkata, West Bengal, India. Everest Industries is a part of the RP-Sanjiv Goenka Group. The company manufactures a range of products like cement, asbestos cement sheets, fibre cement boards, AAC blocks, fly ash bricks, etc. It also manufactures a range of construction equipment like scaffolding, ladders, formwork, etc.
Everest Industries was founded in the year 1934. The company went public in the year 1995 and is listed on the National Stock Exchange of India and the Bombay Stock Exchange. The company has a strong presence in the eastern and northern parts of India. It has manufacturing units in West Bengal, Bihar, Jharkhand, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Rajasthan, and Himachal Pradesh.
In the year FY 2018, the company reported a turnover of Rs. 2979 crores. The net profit for the year was Rs. 92.5 crores. The share price of Everest Industries Limited (EIL) has been on a decline in the last few years. The stock is currently trading at Rs. 72.85, which is down from its 52-week high of Rs. 153.85. The market capitalisation of the company stands at Rs. 2,872 crores. The company has been facing tough competition from Chinese imports in the recent past. This has led to a decline in the demand for its products. The company has also been hit by the overall slowdown in the economy.
Everest Industries is taking various measures to improve its performance. It is focusing on increasing its presence in the southern and western markets. It is also trying to increase its share in the organised market. The company is also working on expanding its product range. It is planning to launch new products in the segments of pre-engineered buildings, solar panels, and smart homes. Everest Industries Limited is a good long-term investment option. The company has a strong brand name and a diversified product range.