SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Fire breaks out at Alembic Pharmaceuticals' plant at Panelav, Gujarat

27 Aug 2012 Evaluate

Fire broke out at Alembic Pharmaceuticals’ API 1 plant located at Panelav, Gujarat in solvent recovery area at around 00.30 am on August 26, 2012. The fire was brought under control in about 3 hours of firefighting by fire brigade. The company has reported that the exact cause of fire is still not known and is being investigated.

The Company is covered by insurance and has intimated insurance Company about the accident. Detailed estimate of loss is being worked out. No human injury was reported; only security guard and 3 laborers received minor injuries / bruises while moving away from accident site.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907. The company manufactures and markets generic pharmaceuticals products all over the world.

Alembic Pharma Share Price

736.95 1.25 (0.17%)
05-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1783.55
Dr. Reddys Lab 1277.80
Cipla 1400.70
Zydus Lifesciences 1088.90
Lupin 2268.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×