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Alchemist shares shoot 12 percent

By SiliconIndia   |   Thursday, April 22, 2010
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Bangalore: Alchemist ended the trading today on high note with a gain of Rs. 18.50 (11.60 percent). During the day, the company traded in the range of Rs. 159.10 - Rs.179.80. The company has 52-weeks high value of Rs.199.25 and low of Rs.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.
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