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Oriental Aromatics Ltd.

BSE: 500078 Sector: Industrials
NSE: OAL ISIN Code: INE959C01023
BSE 15:55 | 24 Jun 775.00 -9.65
(-1.23%)
OPEN

785.80

HIGH

791.65

LOW

775.00

NSE 15:49 | 24 Jun 778.00 -5.90
(-0.75%)
OPEN

790.00

HIGH

793.05

LOW

770.00

OPEN 785.80
PREVIOUS CLOSE 784.65
VOLUME 1101
52-Week high 1009.00
52-Week low 164.00
P/E 25.46
Mkt Cap.(Rs cr) 2,609
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 785.80
CLOSE 784.65
VOLUME 1101
52-Week high 1009.00
52-Week low 164.00
P/E 25.46
Mkt Cap.(Rs cr) 2,609
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Oriental Aromatics Ltd. (OAL) - Company History

Incorporated in Mar.'61 in Maharashtra Camphor and Allied Products started manufacturing camphor in 1964 with technical know-how from E I Dupont de Nemours & Company US. It manufactures camphor expanded polyethelene and related products like resins turpentine and resin derivatives from oleo pine resin. Camphor is extensively used in households and industries. It finds application in medical preparations such as pain relieving balms inhalers and ayurvedic medicines. It is also used to make moth-balls. Merged with Profeel Sentinel in 1988 it diversified to produce speciality high-efficiency polymer foams for packaging industrial and consumer applications. In 1992 it amalgamated with a group company Pine Chemicals which manufactures turpentine and resin (raw materials for camphor). It came out with a right issue in Oct.'92 to upgrade modernise and enhance production facilities.Company has set up new plant at Baroda which is in advance stage of implementation to manufacture high value performance chemicals for use as intermediates in manufacture of fragrance chemicals and for fragrance blends in soap detergent and cosmetic industry & expected to commence in Sept-1999. The company's new plant at Nandesari Vadodara to manufacture high value performance chemicals for use in manufacture of fragrance chemicals was commissioned for commercial production in Nov.'99.The installed capacity of Perfumery Chemicals has increased from 500 MT to 850 MT in 2000-2001. The company's subsidiary company 'Mulberry Investment & Trading Ltd was amalgamated with the company w.e.f 1st April2001.