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Albert David Ltd.

BSE: 524075 Sector: Health care
NSE: ALBERTDAVD ISIN Code: INE155C01010
BSE 00:00 | 27 Feb 427.05 9.35
(2.24%)
OPEN

416.45

HIGH

430.10

LOW

412.20

NSE 00:00 | 27 Feb 427.80 10.30
(2.47%)
OPEN

426.10

HIGH

432.00

LOW

412.00

OPEN 416.45
PREVIOUS CLOSE 417.70
VOLUME 972
52-Week high 568.35
52-Week low 318.00
P/E 8.16
Mkt Cap.(Rs cr) 244
Buy Price 427.05
Buy Qty 100.00
Sell Price 436.00
Sell Qty 1.00
OPEN 416.45
CLOSE 417.70
VOLUME 972
52-Week high 568.35
52-Week low 318.00
P/E 8.16
Mkt Cap.(Rs cr) 244
Buy Price 427.05
Buy Qty 100.00
Sell Price 436.00
Sell Qty 1.00

Albert David Ltd. (ALBERTDAVD) - Company History

Incorporated in 1938 at Calcutta, Albert David (ADL) is headed by Chairman A K Kothari. Its units at Calcutta, Ghaziabad and Raisin manufacture pharmaceutical formulations, including amino acid infusions. The company also manufactures disposable syringes and needles and a wide range of bulk drugs. It is recognised as a large IV fluid manufacturer, both in glass and polyethylene containers. ADL has entered into a technical collaboration with Morishita Pharmaceuticals, Japan, a subsidiary of Ajinomoto -- the world leader in amino acids -- to manufacture amino acid infusions, for which it came out with a rights issue in Aug.'87. It has also set up a new unit in Kalyani, West Bengal, to manufacture bulk drugs, which went on stream in 1990. Another rights issue in Mar.'90 augmented the long-term working capital. ADL has entered into technical collaboration with Pharma Plan, Germany, to supply machinery to manufacture 30 mln disposable syringes and 70 mln needles at Mandideep near Bhopal. ADL came up with a Rs 4.68-cr right issue to part finance the expansion of its capacity of IV fluids in plastic bottles (FFS technology) at Ghaziabad. During 1998-99, the company has developed some new products viz. Siozole Capsules and Ferrochelate-Z-Capsules with Iron & Zinc and folic acid in sustained released formulation. In 2002-03 the company has launched new products-INTECAR,NIMERIL-T,EVICT,ALROF-50. It is also planning to launch new products such as SIOOXY,ALAMIN FEZ,PANSURE.