You are here » Home » Companies » Company Overview » Danlaw Technologies India Ltd

Danlaw Technologies India Ltd.

BSE: 532329 Sector: IT
NSE: N.A. ISIN Code: INE310B01013
BSE LIVE 15:40 | 09 Dec 60.20 1.70
(2.91%)
OPEN

60.95

HIGH

61.00

LOW

58.80

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 60.95
PREVIOUS CLOSE 58.50
VOLUME 20562
52-Week high 150.30
52-Week low 43.00
P/E 13.68
Mkt Cap.(Rs cr) 22.39
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 60.95
CLOSE 58.50
VOLUME 20562
52-Week high 150.30
52-Week low 43.00
P/E 13.68
Mkt Cap.(Rs cr) 22.39
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Danlaw Technologies India Ltd. (DANLAWTECH) - Company History

Danlaw Technolgies India Limited (DTIL) formerly known as Vijay growth Home Finance Limited was incorporated as a public limited company in Dec.'92. The company was promoted by Mr. D B Reddy and associates. In view of the increasing demand for housing finance the company plans to increase its operation substantially. Accordingly, in Mar.'96 the company came out with a public issue of 7,50,000 Equity share of Rs.10 each for cash at par aggregating Rs 75 lacs to strengthen and consolidated its capital base. During the year 1999-2000, the company commenced its operations as software company and started exports from December 1999. Due to the penetration of Information Technology becoming an engine of growth for all sectors of economy, the company is placing special emphasis on IT, e-commerce, internet and intranet applications to provide offshore software development for their global clientele. The compny is also concentrating its efforts in the Automotive Sector for Embedded Software Development, Products for Automotive applications, product and integration testing and software verification. During the year 2000-01, company's sales is up by 190% annualised over the previous year. The company has two divisions,engineering & information technology.The Engineering Division is concentrating on development of software services and products for the Automotive Sector through Embedded Software Development. The division had plans to enter into the markets like Internet Appliances,Communications,Aerospace and Defence Software right from the beginning. The Company has started its services in the area of DSP(Digital Signal Processing) during April 2001. Also in view of the experience gained by the company under WBT(Web Based Technology), the company is considering the expansion into the area of Animation and Multimedia. The other division Information Technology, is successful in providing offshore software development to their US cliental. The IT industry making giant strides, has taken the country on the world map. The domestic software market, though expected to grow @ 32% during the current year, its cumulative annual growth rate is steadily improving to 46.8% as on the previous year.Similarly, the Indian Software Export industry also showed an impressive growth rate of 66% over the previous year.During the year 2001, a right combination of a technological mix has resulted in better performance by the company.The company plans to fix a business model that combines both products and services together in the right mix.The company has been updating technology to keep abreast with the latest developments around the world and committed to technological advancement. The company has realized the vision of becoming a dominant player in Indian Software Market.During the year 2000-01,the company has enhanced and upgraded its networks and moved up the value chain by providing new services like PALM TOP, DOTNET, WAP etc.

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard