company report 1 may 20 2005 reco hold cmp rs 232 5 esab india ltd target 275 analyst himanshu varia sector welding machinery eps 19 53 book val 45 56 avg daily volume 6m 82393 bse code 500133 shares outstanding 4 mn m cap 562 price perf 3 25 57 98 nse esabindia p e 14 08x free float 39 18 52wk high low 244 60 43 fy05 background limited incorporated in 1987 a part of the group charter plc uk has predominant interest consumables and gas cutting equipments growth been characterized by continuous spree acquisitions businesses companies like peico electronics indian oxygen maharashtra weldaids flotech & systems today established itself as one leading suppliers products country are now an integral industries shipbuilding petrochemical construction transport offshore energy repair maintenance it also undertaken major diversification launching new generation working environment manufacturing facilities