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Ador Fontech Ltd.

BSE: 530431 Sector: Engineering
NSE: N.A. ISIN Code: INE853A01022
BSE LIVE 13:12 | 28 Jul 102.50 7.35
(7.72%)
OPEN

98.45

HIGH

108.00

LOW

98.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 98.45
PREVIOUS CLOSE 95.15
VOLUME 214630
52-Week high 108.70
52-Week low 81.55
P/E 23.14
Mkt Cap.(Rs cr) 179
Buy Price 102.50
Buy Qty 33.00
Sell Price 102.90
Sell Qty 25.00
OPEN 98.45
CLOSE 95.15
VOLUME 214630
52-Week high 108.70
52-Week low 81.55
P/E 23.14
Mkt Cap.(Rs cr) 179
Buy Price 102.50
Buy Qty 33.00
Sell Price 102.90
Sell Qty 25.00

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.