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Smruthi Organics Ltd.

BSE: 540686 Sector: Health care
NSE: N.A. ISIN Code: INE172E01011
BSE 14:15 | 20 Feb 113.00 5.00
(4.63%)
OPEN

110.55

HIGH

113.00

LOW

110.55

NSE 05:30 | 01 Jan Smruthi Organics Ltd
OPEN 110.55
PREVIOUS CLOSE 108.00
VOLUME 1041
52-Week high 119.00
52-Week low 68.40
P/E 12.54
Mkt Cap.(Rs cr) 43
Buy Price 111.40
Buy Qty 2.00
Sell Price 113.00
Sell Qty 32.00
OPEN 110.55
CLOSE 108.00
VOLUME 1041
52-Week high 119.00
52-Week low 68.40
P/E 12.54
Mkt Cap.(Rs cr) 43
Buy Price 111.40
Buy Qty 2.00
Sell Price 113.00
Sell Qty 32.00

Smruthi Organics Ltd. (SMRUTHIORGANIC) - Company History

Smruthi Organics was incorporated in Jul.'89 as a private limited company and was subsequently converted into a public limited company in Feb.'95. It was promoted by E Purushotham and Shankarrao R Myakal. The company set up a plant at Solapur, Maharashtra, to manufacture bulk drugs like diloxanide furoate (inst. cap. : 24 tpa) and sulphadiazine (inst. cap. : 36 tpa). It expanded its activities and product range in 1993-94 by manufacturing metronidazole benzoate, tinidazole, paracetamol and norfloxacin. The company exports furoic acid to the UK market. In 1995, it proposed to expnd its product range and set up an additional plant at Chincholi, Maharashtra, for the manufacture of additional bulk drugs like ciprofloxacin and ranitidine HCl. The company issued shares to the public in Dec.'95, to part-finance the project. In 1993, the company received the district award as the Best Small Scale Entrepreneur in Solapur in the Year 1993, from the Government of Maharashtra.