Advanced Micronic Devices Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 19
Rank 19
Rank 21
Dividend Yield
Rank 7
Rank 29
Price To Book Ratio
Rank 17
Debt To Asset
Rank 21

Company Information

Incorporated as a private limited company Advanced Micronic Devices AMD was converted into a public limited company in Jul.94. Promoted to provide technical consultancy in cardiac care and computerbased systems AMD obtained a licence in 1988 to manufacture electronic teaching aids and microprocessorbased personal computers. In 1990 the company was authorised to manufacture foetal monitoring systems and multichannel ECG machines for which it set up a manufacturing facilities under a term loan from Karnataka State Financial Corporation. In Sep.93 the company signed up with AST Research US to promote and support the latest computer systems in India. It is now an authorised service centre for AST. AMD is engaged in two specialised activities cardiovascular instrumentation and computer networking systems. It claims to have the largest installed base in cardiac exercise stress test systems and foetal monitoring systems in cardiac instrumentation and to have installed one of the largest number of networking installations. The company also markets a range of products from notebook computers to multiprocessor servers from AST Research US. It is now diversifying into systems integration and valueadded distribution of global positioning system GPS receivers. It has signed a MoU with Seatex Kongsberg Norway to promote and provide valueadded support for satellite navigational systems. The company has tiedup with Nitinol Medical Technological USA to promote their products in India. Also DELL Computer Corp. a top computer company has appointed AMD as its direct distributers.To increase its business in Software Export area Company has set up a fullfledged Branch in California USA to pursue newe opportunities in future. Companys Software Export division has sucessfully completed a few improtant projects for US companies also get support for Ventricular Intervention Products from Guidant Corporation USA which enables to company to expand the relationship get bigger projects in softwares as well as in Cardiology and related application in future.During November 2001 the company has become subsidiary of M/s Opto CircuitsIndia Ltdconsequent to acquisition of 59.70 equity shares in the company.
OrganisationAdvanced Micronic Devices Ltd