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Ador Fontech Ltd.

BSE: 530431 Sector: Engineering
NSE: N.A. ISIN Code: INE853A01022
BSE LIVE 15:42 | 17 Nov 126.55 5.50
(4.54%)
OPEN

124.00

HIGH

133.50

LOW

122.30

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 124.00
PREVIOUS CLOSE 121.05
VOLUME 49470
52-Week high 144.00
52-Week low 81.55
P/E 35.65
Mkt Cap.(Rs cr) 221
Buy Price 0.00
Buy Qty 0.00
Sell Price 126.55
Sell Qty 125.00
OPEN 124.00
CLOSE 121.05
VOLUME 49470
52-Week high 144.00
52-Week low 81.55
P/E 35.65
Mkt Cap.(Rs cr) 221
Buy Price 0.00
Buy Qty 0.00
Sell Price 126.55
Sell Qty 125.00

Ador Fontech Ltd. (ADORFONTECH) - Company History

Ador Fontech Ltd, an associate company of Advani Oerlikon was incorporated in Aug 1974, as Cosmics Fontech and subsequently changed its name to Ador Fontech and become a public limited company in Nov 1993. The company is promoted by Ashda Dayal Lalvani, Jai Kishan Chandna and Advani Oerlikon. In 1992, the company acquired Fist India (P) Ltd and Kostech India Pvt Ltd, This companies were subsequently merged with the company and made as a division of it. In 1995, the company expanded the Kostech facility at Nagpur and to partfinance this project it came out with a public issue in Mar.'95. The company offers products and solutions for reclamation welding and recycling of vital machinery components. The company's product basket includes filler wires, welding equipment/accessories, wire feeders, wearplates and cladded pipes. Apart from manufacturing the beforesaid products the company has also acts as a value added reseller role for Alloy Steel International, Australia; Berkenhoff, Germany; CEA, Italy; Cepro, Netherlands; Degussa, Germany; Delora Stellite,Germany; Euromate,Netherlands; Gasflux, USA; Protector, Australia/Singapore; Sulzer Metco, Swiz/USA for their products in India. The company has also offers high temperature process for maintenance products from AREMCO, USA for the repair and corrosion protection of metal and refractory materials. The Ahmednagar plant of Fist Division produces 'A' series products of the ADFL Range. The Nagbur facility of Kostech Division is continously expanding capacity to offer hightech state-of-the art welding and metal spray for repair, reclaim and rebuild vital machinery parts for core sector industries. The products are marketed under the brand names, Oerlikon-Fon, Fonmatic and Fonarc. The new Zip Arc division has specially formulated a range of maintenance and surfacing alloys as solution to wear and industrial maintenace problems.