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Albert David Ltd.

BSE: 524075 Sector: Health care
NSE: ALBERTDAVD ISIN Code: INE155C01010
BSE LIVE 09:46 | 19 Jan 371.05 -3.45
(-0.92%)
OPEN

371.05

HIGH

371.05

LOW

371.05

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 371.05
PREVIOUS CLOSE 374.50
VOLUME 18
52-Week high 424.80
52-Week low 238.20
P/E 31.15
Mkt Cap.(Rs cr) 211.87
Buy Price 371.05
Buy Qty 2.00
Sell Price 377.20
Sell Qty 40.00
OPEN 371.05
CLOSE 374.50
VOLUME 18
52-Week high 424.80
52-Week low 238.20
P/E 31.15
Mkt Cap.(Rs cr) 211.87
Buy Price 371.05
Buy Qty 2.00
Sell Price 377.20
Sell Qty 40.00

Albert David Ltd. (ALBERTDAVD) - Company History

Incorporated in 1938 at Calcutta, Albert David (ADL) is headed by Chairman A K Kothari. Its units at Calcutta, Ghaziabad and Raisin manufacture pharmaceutical formulations, including amino acid infusions. The company also manufactures disposable syringes and needles and a wide range of bulk drugs. It is recognised as a large IV fluid manufacturer, both in glass and polyethylene containers. ADL has entered into a technical collaboration with Morishita Pharmaceuticals, Japan, a subsidiary of Ajinomoto -- the world leader in amino acids -- to manufacture amino acid infusions, for which it came out with a rights issue in Aug.'87. It has also set up a new unit in Kalyani, West Bengal, to manufacture bulk drugs, which went on stream in 1990. Another rights issue in Mar.'90 augmented the long-term working capital. ADL has entered into technical collaboration with Pharma Plan, Germany, to supply machinery to manufacture 30 mln disposable syringes and 70 mln needles at Mandideep near Bhopal. ADL came up with a Rs 4.68-cr right issue to part finance the expansion of its capacity of IV fluids in plastic bottles (FFS technology) at Ghaziabad. During 1998-99, the company has developed some new products viz. Siozole Capsules and Ferrochelate-Z-Capsules with Iron & Zinc and folic acid in sustained released formulation. In 2002-03 the company has launched new products-INTECAR,NIMERIL-T,EVICT,ALROF-50. It is also planning to launch new products such as SIOOXY,ALAMIN FEZ,PANSURE.