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Lyka Labs Ltd.

BSE: 500259 Sector: Health care
NSE: LYKALABS ISIN Code: INE933A01014
BSE LIVE 12:05 | 24 Oct 55.40 1.60
(2.97%)
OPEN

53.85

HIGH

56.50

LOW

53.75

NSE 11:50 | 24 Oct 55.65 1.70
(3.15%)
OPEN

54.00

HIGH

56.40

LOW

53.50

OPEN 53.85
PREVIOUS CLOSE 53.80
VOLUME 55833
52-Week high 71.25
52-Week low 38.65
P/E
Mkt Cap.(Rs cr) 156
Buy Price 55.30
Buy Qty 459.00
Sell Price 55.40
Sell Qty 50.00
OPEN 53.85
CLOSE 53.80
VOLUME 55833
52-Week high 71.25
52-Week low 38.65
P/E
Mkt Cap.(Rs cr) 156
Buy Price 55.30
Buy Qty 459.00
Sell Price 55.40
Sell Qty 50.00

Lyka Labs Ltd. (LYKALABS) - Company History

Initially manufacturing formulations, Lyka Labs brought bulk drugs into its operational fold by amalgamating Lyphin Chemicals Pvt Ltd with itself in Apr. '83. It also added a range of ayurvedic and animal health care products over the years. In 1990, it diversified into marketing medical and diagnostic equipment and instruments of Bekton Dickinson, US; Airsep Corporation, US; Coloplast, Denmark; and Terumo Corporation, Japan. Lyka Exports is the subsidiary of the company. The company offers a broad range of antibiotics used as life-savers and to treat minor infections. It has a fairly widespread product base with tropical steroids for skin disorders, anti-cancer products, cardio-vascular drugs and anti-inflammatory products. Lyka introduced, in India, cough lozenges containing dextromethorphan hydrobromide (DMR), favoured internationally as an effective and safe cough suppressant. Lyka has two formulations division and a bulk drugs division. It also set up additional manufacturing facilities for ointments. As part of its diversification, it has invested in Relic Finance, a company carrying on the business of finance and merchant banking. A GOI-recognised Export House, it received the Certificate of Merit for its excellent export performance in 1993-94. In the same year, it received an award from CHEMEXCIL for its outstanding performance. During 1997-98, the company's administrative office & plant at tarapur has been awarded ISO 9002 certification for its quality management system by SGS Yarsley International Certification Services Limited, UK. The production carried out at Bombay has been shifted to Tarapur and Ankleshwar in the year 1999-2000, inorder to achieve economies of scale and better compliance. The company has assigned Trade Marks and transferred technical, marketing know-how and allied rights pertaining to some of its products.