Alembic launching 7 new products

The Vadodara-based pharma company Alembic Ltd is set to launch several new products and expects to enter the $200-million formulations spectrum as a future growth strategy in the overseas market in the next couple of years.
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Apr 14, 2007, 09.31 AM | Source: Moneycontrol.com

Alembic launching 7 new products

The Vadodara-based pharma company Alembic Ltd is set to launch several new products and expects to enter the $200-million formulations spectrum as a future growth strategy in the overseas market in the next couple of years.

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Alembic launching 7 new products

The Vadodara-based pharma company Alembic Ltd is set to launch several new products and expects to enter the $200-million formulations spectrum as a future growth strategy in the overseas market in the next couple of years.

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Vadodara April 13

The Vadodara-based pharma company Alembic Ltd is set to launch several new products and expects to enter the $200-million formulations spectrum as a future growth strategy in the overseas market in the next couple of years.

The century-old Alembic with a basket of 200 products is now actively eyeing the $200-million spectrum in branded formulations business or API. It is also set to launch seven new products apart from the 24 it recently acquired from Dabur .

Plans are afoot to celebrate Alembic's centenary this year, Chairman and Managing Director, Mr Chirayu Amin, told Business Line here.

Besides, it is putting in place a new marketing strategy of its popular cough syrup Glycodin whose sales have shown a downward trend in the recent past.

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Alembic stock price

On April 29, 2016, Alembic closed at Rs 37.20, down Rs 0.3, or 0.8 percent. The 52-week high of the share was Rs 52.80 and the 52-week low was Rs 29.30.


The company's trailing 12-month (TTM) EPS was at Rs 0.92 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 40.43. The latest book value of the company is Rs 10.82 per share. At current value, the price-to-book value of the company is 3.44.

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Price when posted: BSE: Rs37.75 ( 0.67 % ), NSE: Rs. 37.70 ( 0.13 % )

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