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Amal Ltd.

BSE: 506597 Sector: Industrials
NSE: N.A. ISIN Code: INE841D01013
BSE LIVE 15:40 | 22 Aug 133.30 -1.05
(-0.78%)
OPEN

131.50

HIGH

134.35

LOW

131.50

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 131.50
PREVIOUS CLOSE 134.35
VOLUME 3601
52-Week high 207.90
52-Week low 37.00
P/E 8.80
Mkt Cap.(Rs cr) 94
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 131.50
CLOSE 134.35
VOLUME 3601
52-Week high 207.90
52-Week low 37.00
P/E 8.80
Mkt Cap.(Rs cr) 94
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Amal Ltd. (AMAL) - Company History

Amal Raisin (formerly known as Piramal Rasayan) is one of the largest manufacturers and exporters of dye-intermediates in the country. In Jan.'96, Amal Rasayan changed its name to Amal Products. The company has implemented various projects which includes a multi-purpose modern EOU to manufacture bulk drugs in Pardi, Gujarat. It has also set up an oleum / sulphuric acid and a bulk drug project. The company has implemented projects to manufacture oleum and 1200 tpa pigments in Ankleshwar and expanded the existing capacities of the Ankleshwar and Roha units. A project to manufacture synthetic yarn is under active consideration. ARL diversified into the manufacture of agro-chemical intermediates at its unit in Roha, Maharashtra. The company has signed an agreement with Western India Enterprises for the acquisition of their sick chemical unit in Roha, Maharashtra. With the amalgamation of this unit, the company's dye-intermediate capacity will increase by about 75%, as also its profitability. ARL exports its dye-intermediates to Russia, the US, Holland, Thailand and Germany, apart from enjoying a good domestic market. The company has completed the trial runs of plant and machinery of its new H-Acid plant. The company is in the process selling its Ankleshwar unit. This is subject to requisite approvals.