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Albert David Ltd.

BSE: 524075 Sector: Health care
NSE: ALBERTDAVD ISIN Code: INE155C01010
BSE 11:53 | 17 Jun 523.50 7.05
(1.37%)
OPEN

515.25

HIGH

529.50

LOW

509.40

NSE 11:44 | 17 Jun 521.00 5.60
(1.09%)
OPEN

510.00

HIGH

528.70

LOW

510.00

OPEN 515.25
PREVIOUS CLOSE 516.45
VOLUME 9069
52-Week high 549.90
52-Week low 371.45
P/E 25.88
Mkt Cap.(Rs cr) 299
Buy Price 522.95
Buy Qty 3.00
Sell Price 523.95
Sell Qty 1.00
OPEN 515.25
CLOSE 516.45
VOLUME 9069
52-Week high 549.90
52-Week low 371.45
P/E 25.88
Mkt Cap.(Rs cr) 299
Buy Price 522.95
Buy Qty 3.00
Sell Price 523.95
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-INTECARNIMERIL-TEVICTALROF-50. It is also planning to launch new products such as SIOOXYALAMIN FEZPANSURE.