Alchemist shares shoot 12 percent


Alchemist shares shoot 12 percent
Bangalore: Alchemist ended the trading today on high note with a gain of 18.50 (11.60 percent). During the day, the company traded in the range of 159.10 - 179.80. The company has 52-weeks high value of 199.25 and low of 54.00. In all 2,77,314 shares were traded throughout the day with current P/E ratio of 16.06. The 52 week stock price chart is on the left. Alchemist is an India-based company. The company is a diversified conglomerate with interests in different industry segments, which include steel, meat and meat products, pharma, agro products, chemical, food processing, retail, healthcare, floriculture, information technology (IT), aviation and realty. Alchemist has also acquired some of the already established hospitals and clinical laboratories. Its steel division manufactures welded wire mesh in more than 100 grades. The IT division provides design of e-business, payroll management, building of B2B and B2C models, inventory management, Web support for clients, and application outsourcing. In food processing division, the company has established an integrated poultry operation, which includes hatchery, environmentally controlled growing farms and poultry processing plant. Alchemist aviation is located at Sonari Airport in Steel City of Jamshedpur in the state of Jharkhand.