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Albert David Ltd.

BSE: 524075 Sector: Health care
NSE: ALBERTDAVD ISIN Code: INE155C01010
BSE 15:40 | 19 Jan 397.80 -13.20
(-3.21%)
OPEN

424.00

HIGH

425.00

LOW

395.50

NSE 15:54 | 19 Jan 397.20 -15.35
(-3.72%)
OPEN

409.90

HIGH

412.55

LOW

392.00

OPEN 424.00
PREVIOUS CLOSE 411.00
VOLUME 7739
52-Week high 497.00
52-Week low 276.00
P/E 69.42
Mkt Cap.(Rs cr) 227
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 424.00
CLOSE 411.00
VOLUME 7739
52-Week high 497.00
52-Week low 276.00
P/E 69.42
Mkt Cap.(Rs cr) 227
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.