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Makers Laboratories Ltd.

BSE: 506919 Sector: Health care
NSE: N.A. ISIN Code: INE987A01010
BSE 15:05 | 20 Jan 39.00 -0.50
(-1.27%)
OPEN

40.85

HIGH

40.85

LOW

39.00

NSE 05:30 | 01 Jan Makers Laboratories Ltd
OPEN 40.85
PREVIOUS CLOSE 39.50
VOLUME 8290
52-Week high 67.75
52-Week low 32.05
P/E 75.00
Mkt Cap.(Rs cr) 19
Buy Price 39.15
Buy Qty 30.00
Sell Price 40.45
Sell Qty 50.00
OPEN 40.85
CLOSE 39.50
VOLUME 8290
52-Week high 67.75
52-Week low 32.05
P/E 75.00
Mkt Cap.(Rs cr) 19
Buy Price 39.15
Buy Qty 30.00
Sell Price 40.45
Sell Qty 50.00

Makers Laboratories Ltd. (MAKERSLABS) - Company History

Makers Laboratores Limited (MLL) was incorporated in the State of Maharashtra and Commenced Business from 21st Jul'84. The Company was promoted by Satish Kumar Gupta and Naval Tated. MML is in the business of Manufacture of pharmaceutical formulations and drug intermediates. Makers Drugs & Food Products Ltd. (MDFP) was amalgamated with the Company with effect from 1st April 1993. As per terms of the scheme of amalgamation, the Company allotted 3,02,700 equity shares of the company fully paid, to the members of MDFPL in the ratio of 2 equity shares for every 1 equity share held by them in MDFPL. During 1996-97, MLL enhanced its installed capacity of Tablets/Capsules from 3000 to 3175 lacs and Oral/Liquids/Dry Syrups from 420000 to 500000 Ltrs and Ointments/Creams/External Liquids from 107000 to 120000 Kgs/Lit. MLL has gone for expansion in the year 1999. It has increased the installed capacity of Tablets & Capsules by 13.25 crores(Nos) and the company has again expanded the installed capacity of Tablets & Capsules in the year 2000 by 15.00 crores(Nos),taking the total capacity to 60.00 crores. The Modernisation of Formulation Drugs which was undertaken during 1999-2000 was completed successfully and this project was financed through Rights Issue of Equity Shares.