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Amal Ltd.

BSE: 506597 Sector: Industrials
NSE: N.A. ISIN Code: INE841D01013
BSE 00:00 | 20 Feb 123.35 2.60
(2.15%)
OPEN

118.00

HIGH

124.80

LOW

116.00

NSE 05:30 | 01 Jan Amal Ltd
OPEN 118.00
PREVIOUS CLOSE 120.75
VOLUME 3896
52-Week high 177.00
52-Week low 90.00
P/E 11.47
Mkt Cap.(Rs cr) 116
Buy Price 123.35
Buy Qty 300.00
Sell Price 124.25
Sell Qty 14.00
OPEN 118.00
CLOSE 120.75
VOLUME 3896
52-Week high 177.00
52-Week low 90.00
P/E 11.47
Mkt Cap.(Rs cr) 116
Buy Price 123.35
Buy Qty 300.00
Sell Price 124.25
Sell Qty 14.00

Amal Ltd. (AMAL) - Company History

Amal Raisin (formerly known as Piramal Rasayan) is one of the largest manufacturers and exporters of dye-intermediates in the country. In Jan.'96, Amal Rasayan changed its name to Amal Products. The company has implemented various projects which includes a multi-purpose modern EOU to manufacture bulk drugs in Pardi, Gujarat. It has also set up an oleum / sulphuric acid and a bulk drug project. The company has implemented projects to manufacture oleum and 1200 tpa pigments in Ankleshwar and expanded the existing capacities of the Ankleshwar and Roha units. A project to manufacture synthetic yarn is under active consideration. ARL diversified into the manufacture of agro-chemical intermediates at its unit in Roha, Maharashtra. The company has signed an agreement with Western India Enterprises for the acquisition of their sick chemical unit in Roha, Maharashtra. With the amalgamation of this unit, the company's dye-intermediate capacity will increase by about 75%, as also its profitability. ARL exports its dye-intermediates to Russia, the US, Holland, Thailand and Germany, apart from enjoying a good domestic market. The company has completed the trial runs of plant and machinery of its new H-Acid plant. The company is in the process selling its Ankleshwar unit. This is subject to requisite approvals.