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Kerala Ayurveda Ltd.

BSE: 530163 Sector: Health care
NSE: N.A. ISIN Code: INE817B01025
BSE 00:00 | 23 Jul 64.55 -2.40
(-3.58%)
OPEN

69.95

HIGH

69.95

LOW

63.30

NSE 05:30 | 01 Jan Kerala Ayurveda Ltd
OPEN 69.95
PREVIOUS CLOSE 66.95
VOLUME 18235
52-Week high 82.70
52-Week low 44.00
P/E
Mkt Cap.(Rs cr) 68
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 69.95
CLOSE 66.95
VOLUME 18235
52-Week high 82.70
52-Week low 44.00
P/E
Mkt Cap.(Rs cr) 68
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kerala Ayurveda Ltd. (KERALAAYURVEDA) - Company History

Kerala Ayurvedic Pharmacy has emerged as a frontline manufacturer of speciality patent ayurvedic medicines - tussnil liposem and mathrukalpam. The company has drawn on the rich experience of its parent companies - Kerala Pharmacy and Pensen Drugs and Pharmaceuticals - which were merged in 1992. The company came out with a public issue in Feb.'95 to part-finance its 7-cr expansion-cum-diversification programme which involve expansion of its existing facilities; to develop a fully integrated health care system cultivate medicinal plants and market ayurvedic medicines. It also envisions setting up a hospital. A modern facility to manufacture patent medicines tablets capsules and syrups is to be set up at Athani near Alwaye. The company is in the midst of enhancing the installed capacity at its Athani plant to produce traditional ayurvedic medicines. Moreover the company proposes to organise and relocate its twelve clinics to cover all the principal districts in Kerala and augment facilities at its clinics in Bombay Madras Bangalore and Mangalore. In addition it is increasing the bed strength of its hospital in Alwaye.Kerala Ayurvedic has won the approval of the Karnataka Toursim Development Department to open a health resort at Bangalore catering exclusively to the high income segments tourists and NRIs.The company has a well-entrenched presence in several states due to its 75 franchisees and 400 stockists. During the year 1999-2000 the company exported medicines worth Rs. 56.43 lacs to USA UK Italy Malaysia Holland and Japan. Four new products have been developed during the year and intial reports are quite encouraging. Clinical studies conducted for patent products have established their efficiency and has also been affirmed by ayurvedic doctors for prescription.In Bangalore a new Ayurvedic Health resort has started its operation in March 2001 and the trial run had a good response.The company is planning to develop new methods for rare medicinal plants using biofertilizers.

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