Ador Welding Ltd - ADOR WELDING Share Price

Summary

Ador Welding Ltd(AWL) , formerly known as Advani Oerlikon Ltd, was promoted on 22 Oct.1951 by J B Advani & Co and the Oerlikon-Buhrle group (now unaxis), Switzerland. It is Indias leader in the field of Welding Products, Technologies & Services. The Company is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas,petrochemicals, fertilizers, steel plants, pharma, water and other chemical process industries. The Project Engineering Division (PED) is also gaining strong repute in providing world class Environmental Engineering products & Welding Automation Systems. The Company changed to its present name in September, 2003 from Advani Oerlikon Ltd.AWL has six manufacturing plants at Bhandup, Chinchwad, Raipur, Chennai, Pimpri and Silvassa, offers a welding package which includes a wide variety (over 200 types) of electrodes, fluxes, flux-cored wires and special customised electrodes. The company has installed capacity of 1,07,800 tpa for Arc Welding Electrodes & Continuous Welding Wires and Fluxes. It caters to the steel, ship-building, defence, power, automobile, general fabrication and engineering industries. The company has Two Technology Development Centres (TDC) at Bhandup (Mumbai) and Chinchwad (Pune) in Maharashtra. These TDCs continue to pursue their goals, with renewed vigour, in terms of innovations, improvements and cost reductions.The company came out with a rights issue in Jan.1994 to part-... Read More