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Shilpa Medicare Ltd.

BSE: 530549 Sector: Health care
NSE: SHILPAMED ISIN Code: INE790G01031
BSE LIVE 15:44 | 21 Nov 641.10 22.20
(3.59%)
OPEN

625.00

HIGH

644.00

LOW

621.05

NSE 15:40 | 21 Nov 643.75 26.40
(4.28%)
OPEN

624.00

HIGH

646.40

LOW

620.00

OPEN 625.00
PREVIOUS CLOSE 618.90
VOLUME 5709
52-Week high 786.75
52-Week low 528.25
P/E 34.25
Mkt Cap.(Rs cr) 5,135
Buy Price 641.50
Buy Qty 18.00
Sell Price 0.00
Sell Qty 0.00
OPEN 625.00
CLOSE 618.90
VOLUME 5709
52-Week high 786.75
52-Week low 528.25
P/E 34.25
Mkt Cap.(Rs cr) 5,135
Buy Price 641.50
Buy Qty 18.00
Sell Price 0.00
Sell Qty 0.00

Shilpa Medicare Ltd. (SHILPAMED) - Company History

Shilpa Medicare Ltd., formerly known as Shilpa Antibiotics was incorporated as a private limited company in Nov.'87 and has been promoted by Vishnukant C Bhutada and his associates.The company produces trimethoprim, an anti-biotic bulk drug. It also manufactures the product for other reputed companies like Eskayef, Bombay Drugs & Pharmas, Bombay Drug House, US Vitamins, Sandoz India, etc, for their export commitments. Circa 1992, the company installed production facilities to manufacture sodium methoxide. SAL is the recipient of the World Health Organisation - Good Manufacturing Practices (GMP) certificate. It exports its products to hard-currency areas. The company manufactures 1-methyl, amino-1-methyl, thio-2-nitro ethane, a drug intermediate used in the manufacture of ranitidine, an anti-ulcer drug. The company proposes to embark upon an expansion project which involves the addition of one more bulk drug to its existing product range -- norfloxacin -- and expand the production capacity of the existing products of the company -- sodium methoxide and trimethoprim.