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Ador Fontech Ltd.

BSE: 530431 Sector: Engineering
NSE: N.A. ISIN Code: INE853A01022
BSE LIVE 15:40 | 22 May 97.05 0.35
(0.36%)
OPEN

96.25

HIGH

98.90

LOW

96.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 96.25
PREVIOUS CLOSE 96.70
VOLUME 14654
52-Week high 103.30
52-Week low 81.55
P/E 19.22
Mkt Cap.(Rs cr) 170
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 96.25
CLOSE 96.70
VOLUME 14654
52-Week high 103.30
52-Week low 81.55
P/E 19.22
Mkt Cap.(Rs cr) 170
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.